DES MOINES, Iowa (7/6/11)--Two Des Moines, Iowa-based companies that provide services for credit unions have announced new CEOs.
The Members Group (TMG) announced that Shazia Manus will join TMG as CEO of the card processing and payments solution company. Manus most recently served as CEO the past six years of Greater Iowa CU, a $260 million asset credit union based in Ames, Iowa. She replaces former TMG CEO Tom Kuehl, who recently announced his retirement. Manus started her career with Greater Iowa in 1999. As CEO, she engineered a significant turn-around of the institution, achieving substantial profitability and membership growth. She also led a multi-million dollar business acquisition.
In a separate announcement, PayFusion, a debit card consulting firm serving credit unions and community banks, announced it has hired Thomas "TJ" Riha as CEO. He formerly served as business development director of First Data, where he worked closely with financial institutions with more than $6 million in assets. Riha, who will be based in Omaha, helped clients optimize several payment product lines, including debit and credit card processing, plastic card embossing, and PIN debit networks. He joined First Data in 1999, and held a variety of positions, including debit project analyst. Both companies are owned by Affiliates Management Co., a wholly owned holding company of the Iowa Credit Union League that was formed to better integrate and align the league's operating companies.