OneMain Holdings, Inc. Announces Resignation of Aneek S. Mamik from Board of Director
September 17, 2024 at 05:01 pm EDT
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OneMain Holdings, Inc. announced On September 17, 2024, Aneek S. Mamik resigned from the Board of Directors (the ?Board?) of the company, effective immediately. Mr. Mamik, who is a partner and Global Head of Financial Services & Diversified Private Credit at Värde Partners, Inc. (?Värde?), had served as a director of the Company since June 2018. He joined the board when a Consortium of Värde and Apollo Global Management affiliates purchased approximately 40.5% of the Company?s then-outstanding common stock.
OneMain Holdings, Inc. is a financial service holding company. The Company provides personal loan products; offers credit cards; offers optional credit insurance and other; offers a customer-focused financial wellness program, and acquisitions and dispositions of assets and businesses. It provides origination, underwriting, and servicing of personal loans, primarily to nonprime customers. In addition, the Company offers two credit cards, BrightWay and BrightWay+, through a third-party bank partner. The Company offers optional credit insurance products, such as credit life insurance, which provides for payment to the lender of the finance receivable in the event of the borrowerâs death; credit disability insurance, which provides scheduled monthly loan payments to the lender during borrowerâs disability due to illness or injury, and credit involuntary unemployment insurance, which provides scheduled monthly loan payments to the lender during borrowerâs involuntary unemployment.
ONEMAIN HOLDINGS, INC. 
