Automotive financial services company, Ally Financial, has appointed Barbara Yastine to the newly created role of chief administrative officer, effective immediately. Her appointment follows the departure of Chief Risk Officer Samuel Ramsey, who announced on May 7 his decision to leave the company for personal reasons.

Ramsey will remain with Ally until May 31. After that time, he will serve as an adviser on key strategic initiatives as the company continues its transformation.

In her new role, Yastine will have responsibility for the risk, compliance, legal, and technology functions at Ally, a company that holds more than $179 billion in assets. She will report to Ally Chief Executive Officer Michael Carpenter.

Yastine is a seasoned executive with diverse experience at financial services companies. Most recently, she served as a principal of Southgate Investment Partners. Prior to that, she was CFO for Credit Suisse First Boston from 2002 to 2004 and had responsibility for controllership, treasury, risk management, strategy, mergers and acquisitions, and tax. She was with Citigroup and its predecessors for 15 years, most recently serving there as CFO of Citigroup's Global Corporate and Investment Bank. During her time at Citigroup, she also served as chief auditor, chief administrative officer of the Global Consumer Group, and as executive vice president of what is now CitiFinancial. Yastine began her career at Travelers as the head of investor relations.