Toyota Financial Services (TFS) USA Appoints New Chief Information Officer

Toyota Financial Services (TFS) USA Appoints New Chief Information Officer

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Vipin Gupta to lead Business Technology Solutions team for the nation’s largest auto lender

PLANO, Texas (July 9, 2018) – Toyota Financial Services (TFS) USA today announced that Vipin Gupta has joined the company, assuming the role of group vice president and chief information officer.   Gupta will lead the company’s information technology strategy, development and operations to deliver exceptional customer experiences.  He will report to Mike Groff, president and CEO of Toyota Financial Services USA.

“We are pleased to welcome a leader with such a strong track record of success,” said Groff.  “As technology continues to advance, Toyota Financial Services is constantly innovating to bring the best and most user-friendly products, services, and experiences to our customers and dealers.  Vipin is experienced at providing IT solutions that significantly improve organizational capabilities. His strength in integrating business with the information technology that drives innovation, improves efficiencies, and creates high value solutions, will help TFS and Toyota drive business results.”

In his new role, Gupta will coordinate TFS’ technology efforts with Toyota Motor North America (TMNA) as well as with other Toyota affiliates across North America and around the globe.

“I am excited to join such an iconic brand and bring my experiences and expertise to Toyota, a name loved by consumers globally,” said Gupta.  “Information Technology is at the heart of driving business growth and innovation.  I look forward to making Toyota Financial Services a digital leader and innovator in delivering exceptional customer service that matches the exceptional quality of Toyota brand.”

Vipin brings more than 27 years of experience as a financial services technology leader. He most recently held the position of executive vice president and chief information officer for Key Community Bank Business Unit of KeyCorp, where he has been driving client-centric transformation through core system re-imagination, digital innovation, and forging FinTech partnerships. Prior to KeyBank, he launched multiple digital businesses and was a consulting practice leader at Capgemini and Ernst & Young, where he focused on transformation and innovation in customer management for large global financial services institutions. Vipin received his master’s in Computer Applications (Computer Science and Business Management) from Thapar Institute of Engineering and Technology, India. He is well recognized for his results-oriented and innovation-enabling leadership style – and was honored by CIO magazine for standout leadership in innovation.

About Toyota Financial Services
Toyota Financial Services (TFS) is the finance and insurance brand for Toyota in the United States, offering retail auto financing and leasing through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. TFS also offers extended service contracts through Toyota Motor Insurance Services (TMIS). The company services Lexus dealers and customers using the Lexus Financial Services brand. TFS currently employs approximately 3,300 team members nationwide, and has assets totaling over $120 billion. It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation. We announce material financial information using the investor relations section of our website (www.toyotafinancial.com) and SEC filings. We use these channels, press releases, and social media to communicate about our company, our services and other issues. While not all information we post on social media is of a material nature, some information could be material. Therefore, we encourage those interested in our company to review our posts on Twitter at www.twitter.com/toyotafinancial.

Points of Light has named TFS one of its Civic 50, which recognizes the most community-minded companies in the nation.  For more information about the company’s support of financial literacy, youth development programs, and other community initiatives, please visit www.tfsinthecommunity.com.

Justin Leach
(469) 486-9065

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