EFG Companies brings on chief information officer
EFG Companies announced the expansion its C-suite leadership on Tuesday.
Coming aboard as chief information officer to reinforce company’s commitment and support of the rapidly evolving consumer protection product industry is Joe Vide.
According to a news release, Vide will set the vision for EFG’s technology capabilities to fulfill strategic business objectives, improve efficiency, and enhance customer satisfaction.
With more than 35 years of executive leadership experience, Vide will lead EFG’s technological expansion in support of the company’s commitment to bring about more opportunities to offer diverse consumer protection products in the marketplace.
EFG highlighted Vide has a strong record of serving as a strategic visionary, leading sustainable, high-performing, and multi-national technology teams for organizations such as AT&T, T-Mobile, EDS, Hypercom and Hewlett-Packard.
Over the last several years, EFG has invested a significant amount of time and resources into fortifying the company’s technology infrastructure and evolving its cyber-security protocols to protect both clients and contract holders.
Currently, EFG is certified as compliant with both Service Organization Control 2 (SOC 2) and the Payment Card Industry Data Security Standard (PCI DSS). EFG is also certified as compliant with New York Codes Rules and Regulations surrounding data security.
EFG went on to say it has long recognized the value of providing seamless technology integration with clients and contract holders. This investment and commitment resulted in the development of the company’s platforms such as EFG’s client portal, DRIVE.
“While our clients are undergoing significant changes in the digital realm, it is incumbent upon us to stay at least two steps ahead,” EFG Companies chief executive officer John Pappanastos said in the news release.
“Digital retailing both by our clients and by EFG will only increase as a focus for our company and the entities we serve,” Pappanastos continued. “Additionally, our successful and ongoing effort to diversify will be dependent upon our ability to deploy valuable consumer protection products into new segments while also driving cost efficiencies.”