Raymond J. Quinlan
Raymond J. Quinlan is Chairman and Chief Executive Officer of Sallie Mae.
In this role, he chairs both the Sallie Mae and Sallie Mae Bank boards of directors. A banking expert with more than 30 years of experience, Ray joined Sallie Mae in 2014. His extensive background and significant leadership experience in the banking industry allow him to provide business and leadership insight to the board of directors in the areas of banking, financial services, business operations, and capital markets. Ray leads Sallie Mae as a consumer banking business that combines 40+ years of tradition with the challenge, motivation, and enthusiasm of a new organization.
Ray sees access to higher education as a pivotal part of our culture and understands the important role Sallie Mae plays to help more families reach this goal. He is dedicated to offering products, tools, and services that help families effectively save, plan, and responsibly pay for college while also providing a quality customer experience.
Many of my generation were the first in our families to attend college. It had a great impact on us, and we’re carrying on that value as our children reach college age. It requires significant personal and financial commitment. That’s why I’m proud that we can help families achieve the dream of a higher education.
Prior to joining Sallie Mae, Ray served as Executive Vice President of Banking at CIT Group, as well as Chairman and CEO of the Citicorp Retail Financial Services businesses, including Citibank, CitiFinancial, and Primerica Financial Services. While at Citicorp, he launched Citibank Direct, a full-service Internet bank. He also served as Executive Chairman of CoastalSouth Bancshares.
Ray holds a PhD in economics from City University of New York, as well as MBAs from both Columbia University and New York University. He also serves on the board for The Graduate Center, City University of New York.
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