Sallie Mae Names David Ward Vice President of Lender Servicing Applications

RESTON, Va., July 7 /PRNewswire/ -- SLM Corporation , commonly known as Sallie Mae and the nation's No. 1 paying-for-college company, today announced that David Ward has been appointed vice president of lender servicing applications. Based in Reston, Va., Ward is responsible for Sallie Mae's mainframe system used to service more than 8 million student loan accounts.

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Prior to joining Sallie Mae's information technology division, Ward was senior vice president of business aligned infrastructure technology at JPMorgan Chase for the Chase Manhattan Mortgage Unit. Ward also served as vice president of technology production operations services at First Union Bank and held management roles at American Greetings, Citibank Delaware and Bank One.

Ward earned associate's degrees in computer science and business administration from Columbus State Community College and a Business of Banking certification from Cornell University.

SLM Corporation , commonly known as Sallie Mae, is the nation's No. 1 paying-for-college company, managing nearly $112 billion in student loans for 8 million borrowers. Sallie Mae was originally created in 1972 as a government-sponsored entity (GSE). In 2004, the company terminated its GSE charter, ending its ties to the federal government. Sallie Mae remains the country's largest originator of federally insured student loans. Through its specialized subsidiaries and divisions, the company also provides debt management services as well as business and technical products to a range of business clients, including colleges, universities and loan guarantors. More information is available at http://www.salliemae.com/. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.