SEATTLE (October 6, 2020) — BECU, one of the country’s largest community credit unions, has welcomed Fumbi Chima as its executive vice president and chief information officer (CIO), following Tom Morgan’s retirement in July. Chima leads the credit union’s technology (IT) division, overseeing technology strategy, information security and IT operations for its nearly 2,500 employees and over 1.2 million members.
Chima joins BECU with more than 25 years of leadership and technology experience in both the retail and financial sectors, including roles at Fox Network Group, Burberry, Walmart Asia, American Express and JP Morgan Chase. Most recently, she served as chief information officer at adidas in Germany, where she led a customer-centric digital transformation, creating and operating a renowned and agile digital foundation.
“Fumbi brings a depth of experience and leadership to BECU that will help us deliver on our purpose and ensure we’re meeting our members’ ever evolving financial needs and expectations,” said Benson Porter, BECU’s president and chief executive officer. “She believes that technology and innovation go hand-in-hand, and has demonstrated an ability to inspire and accelerate these priorities under her leadership.”
In addition to technology, her experience showcases a dedication to diversity, women’s empowerment and inclusion. In a previous role, she developed mentoring opportunities for women in science, technology, engineering and mathematics (STEM). Currently, she serves on the corporate boards for Africa Prudential and Work & Co, holds advisory roles for SAP Executive Advisory and Apptio EMEA Advisory, and is on the board of Women at Risk International Foundation. Chima holds a bachelor’s degree in politics and philosophy from The University of Hull, U.K.
Morgan retired on July 1 after five years of dedicated service to BECU and 40 years in the financial services industry.
BECU is federally insured by NCUA. With more than 1.2 million members and more than $22.2 billion in assets, BECU is the largest not-for-profit credit union in Washington and one of the top five financial cooperatives in the country. As a member-owned credit union, BECU is focused on helping increase the financial well-being of its members and communities through better rates, fewer fees, community partnerships and financial education. The credit union currently operates more than 50 locations in Washington and two financial centers in South Carolina. For more information, visit www.becu.org.