Fireside Chat: Michael Barrett on Finance

Market Overview, Macro Concerns, Foreign Bank Strategy/Challenges, Consumers & Credit, Lessons Learned.

Michael Barrett is an Executive at GE Capital, responsible for business development, mergers and acquisitions and new relationship development for Capital’s Equipment Finance business. Michael has built a distinguished 25 year record of progressive achievement and advancement within GE, including 18 years within the GE Capital’s diversified global financial services division. Michael’s broad financial services experience includes 10 years of international leadership roles. Previously, Michael served as President and CEO of GE Money China where he led the development and execution of the consumer financial services and banking strategy. Prior to China, Michael was the SVP, Business Development for GE Capital Australia & New Zealand, responsible for leading new product development and strategic partnerships including establishing financial services partnerships with Australia’s largest retailers. From 2000 to 2002, while based in Europe, Michael led the integration of 3 European banks into GE Capital’s Global Consumer Finance business with primary responsibility for the marketing and commercial strategy for the Scandinavian and Germanic regions.

From 2008 to 2009, Michael also served on the Board of Governors for the American Chamber of Commerce – China, representing 2800+ U.S. Companies doing business in China. Over a five year period he was a spokesperson for the American business community in Beijing and Washington DC. From 2007 to 2011, Michael served as Chairman of GE Finance Company China and from 2007 to 2010, as Chairman of GE Management Technology Consulting – China. During his time as CEO of GE Money China, Michael also led GE’s strategic partnership with a major Chinese bank to launch consumer financial service products. Michael currently serves as Councilman for the City of Westlake, Texas and as a board member on the Westlake Board of Economic Development. He is also a Trustee for the Westlake Academy IB Charter School.

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