Jay Reinemann joined Spain-based bank BBVA in April 2011 to help set up its corporate venturing unit as executive director of strategy and corporate development. He had previously worked in corporate venturing at credit card provider Visa from 2000 to 2008.
San Francisco-based Reinemann is hopeful his role will significantly modernise the bank. Reinemann said: “We bring unique market intelligence to our executives, helping them understand relevant trends forming outside the bank. I have seen how the organisational structure is already changing and how it is shaping some of the products.”
Reinemann joined Visa in 1996 from Andersen Consulting. He also worked at Old Kent Financial Corporation. He studied at University of San Francisco and University of Wisconsin-Madison.