Frank Bisignano Appointed as IRS Chief Executive by Treasury Department
The U.S. Treasury Department has officially appointed Frank Bisignano as Chief Executive Officer of the Internal Revenue Service (IRS). This announcement was made by Acting Commissioner Scott Bessent, who also serves as Secretary of the Treasury.
Frank Bisignano’s New Role
In his new position, Bisignano will have direct oversight of IRS operations. He will report to Bessent and simultaneously continue his responsibilities as Commissioner of the Social Security Administration (SSA).
Experience and Leadership
Frank Bisignano brings a wealth of experience to the IRS role. He is the 18th Senate-confirmed Commissioner of the SSA, with a career spanning over 40 years. His background includes leading major financial institutions and technology firms.
- Former Chairman and CEO of Fiserv, a global leader in financial services and payment technology.
- Instrumental in the merger of Fiserv and First Data in 2019.
- Co-Chief Operating Officer and CEO of Mortgage Banking at J.P. Morgan Chase.
- Former roles at Citigroup, including Chief Administrative Officer and CEO of Global Transaction Services.
Goals and Vision
According to Secretary Bessent, Bisignano’s strong track record in driving growth positions him well for this significant role. The IRS and SSA share similar technological ambitions and customer service goals, making this appointment a strategic move.
Under Bisignano’s guidance, the IRS aims to enhance its focus on:
- Collections
- Privacy
- Customer service
This new leadership approach is expected to yield better outcomes for American taxpayers, further ensuring the effectiveness of IRS operations.
