Donald Trump nominates Fiserv CEO Frank Bisignano as commissioner of social security administration

US President-elect Donald Trump picked Fiserv CEO Frank Bisignano to head the Social Security Administration on Wednesday.

"I am very pleased to nominate Frank Bisignano to serve as the Commissioner of the Social Security Administration. Frank is a business leader, with a tremendous track record of transforming large corporations. He will be responsible to deliver on the Agency’s commitment to the American People for generations to come!" Trump said in a post on Truth Social.

Trump congratulated Frank, his wonderful wife, Tracy, their 3 children Morgan, Alexa and Henry, and 3 grandchildren for the nomination.

Who is Frank Bisignano?

Frank Bisignano currently serves as the Chairman, President, and Chief Executive Officer of Fiserv Corporation, the World’s largest payments and financial technology company that touches almost every American household each day.

He has a long career leading financial services institutions through great transformation. Frank previously served as Co-Chief Operating Officer of JPMorgan Chase & Co. Prior to JPMorgan Chase & Co., he held senior positions at Citigroup, including Chief Administrative Officer during 9/11, where he had responsibility for 16,000 employees in Lower Manhattan.

Frank later became the CEO of the Global Transaction Services business, which was the World’s largest cash management and treasury services business. He serves as a founding Board Member of the National September 11 Memorial and Museum, a founding Board Member of the Syracuse University Institute for Veterans and Military Families, the Mount Sinai Health System