Life Insurance

USAA taps new strategy chief

USAA has announced the appointment of Ameesh Vakharia as executive vice president and chief strategy officer. Vakharia will report to Wayne Peacock, CEO of USAA.

Vakharia (pictured above) joins USAA after 10 years with Truist Bank, where he held strategy, product management and omnichannel leadership roles and served on the bank’s operating council. Most recently, he served as the bank’s executive vice president of retail strategy, products and omnichannel experiences.

Before joining Truist, Vakharia served as an associate principal at management consulting firm McKinsey & Company. He has served as a board member of the Bank Administration Institute since 2017.

“We are excited to welcome a leader of Ameesh’s caliber to USAA,” Peacock said. “His deep experience in financial services will help us as we advance our mission to serve military families well into our second century. His leadership acumen and focus on services to members and employees further enhances our commitment to USAA’s strong culture.”

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“USAA occupies a special place in the financial services industry,” Vakharia said. “Our unwavering focus on doing what’s right for the member and their financial security has and will continue to set us apart. Working alongside this team to chart our way forward is an exhilarating opportunity that I’m excited to take on.”

Vakharia will be based in USAA’s new Charlotte, N.C., office.

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