RIVERWOODS, Ill.--(BUSINESS WIRE)--April 3, 2006--Discover Financial Services LLC, a business unit of Morgan Stanley (NYSE:MS), today announced that Christina Favilla has been named President of Discover Bank. In this position, she will focus on marketing and new product initiatives for Discover Bank. She will report directly to Carlos Minetti, executive vice president, Cardmember Services for Discover Financial Services.
"Christina's wealth of experience and impressive track record in banking and marketing will make her an invaluable leader of our ongoing efforts to expand Discover Bank's product and service offerings," said Minetti. "We are delighted that she is joining us and look forward to a long and successful partnership together."
Ms. Favilla said, "Discover's long history of innovation, customer service and security has made it a formidable player in banking and financial services. As President of Discover Bank, I look forward to building upon this strong foundation to take advantage of new and emerging opportunities in the industry."
Favilla joins Discover Bank from T.D. Waterhouse, where she has served as First Vice President, Banking and Cash Management, Product Development since 2001. In this role, she created synergies between their banking and brokerage products and services by introducing and developing new deposit product strategies, bank lending products and marketing strategies. Prior to this, Favilla was Vice President and National Cross Sell Director of Citigroup/Citibank's Consumer Asset Division