James Ovenden
About James Ovenden
James Ovenden serves as the President and CEO of Purpose Financial since 2018 and has extensive experience in financial leadership roles, including positions at Flagstar Bank and Advance America.
Work at Purpose Financial
James Ovenden has served as President & CEO of Purpose Financial since 2018. In this role, he oversees the company's strategic direction and operational management. Purpose Financial is located in Spartanburg, South Carolina, where Ovenden has been instrumental in guiding the organization through various financial initiatives and growth strategies.
Current Roles at Flagstar Bank
Ovenden holds multiple positions at Flagstar Bank. He has been a member of the Board of Directors since 2010 and serves as the Chairman of the Technology & Compensation Committee since 2019. His involvement with Flagstar Bank, based in Troy, Michigan, spans over a decade, contributing to the bank's governance and strategic planning.
Previous Experience at Advance America
Before joining Purpose Financial, James Ovenden worked at Advance America, where he held the position of President from 2017 to 2018. Prior to that, he served as Executive Vice President & Chief Financial Officer from 2011 to 2016. His tenure at Advance America was marked by leadership in financial operations and strategic initiatives.
Educational Background
James Ovenden studied at Furman University, where he earned a Bachelor's degree in Accounting. This educational foundation has supported his extensive career in finance and leadership roles across various organizations.
Past Leadership Roles
Ovenden has held several leadership positions throughout his career. He was a Partner & CFO at OTO Development from 2004 to 2008 and served as Chief Financial Officer at Extended Stay America for a brief period in 2004. Additionally, he was the Chairman of the Audit Committee at Haights Cross Communications from 2010 to 2017, demonstrating his expertise in financial oversight.