Investment Professionals
Nigel Morris
Special Advisor
At General Atlantic since 2008Education: MSc, London Business School; BSc, Psychology, University of East London
Former Position: President and Co-Founder, Capital One Financial Services
Nigel Morris co-founded Capital One Financial Services in 1994. Under Nigel's leadership, Capital One pioneered an information-based strategy that fundamentally transformed the consumer lending industry. Combining advanced statistical marketing techniques with nascent information technologies, the company reduced costs to conventional borrowers, extended capital to overlooked consumers, expanded internationally, and produced extraordinary returns for investors.
During Nigel's ten-year tenure, Capital One's sales grew at a compound annual rate of more than 40%. Over this same decade, earnings per share growth and return on equity both exceeded 20% each year, a financial performance attained by only a handful of American companies. Upon his retirement in 2004, Capital One's 15,000 employees across the United States, Canada and the United Kingdom managed over $80 billion of loans for 49 million customer accounts. Generating $1.5 billion in annual profit, Capital One had successfully transitioned from an emerging start-up into an established public company valued at over $20 billion.
Nigel currently serves on the board of The Economist Group, Network Solutions, Clearspring Technologies, Mobile Posse, New Philanthropy Capital, London Business School, and Venture Philanthropy Partners. He is also an active investor in a portfolio of early stage companies.
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