LendingClub hired technology veteran Bahman Koohestani as the company’s new chief technology officer. Koohestani will report directly to CEO Scott Sanborn.

“We are thrilled to have Bahman join the leadership team. He brings deep experience in using data and technology to compete aggressively and deliver an amazing customer experience,” Sanborn said.

“LendingClub is the pioneer in using technology to make credit more accessible and more affordable,” Koohestani said. “I’m looking forward to working with the team to leverage the scale of LendingClub’s data and technology platform to further unleash the company’s potential and deliver on its mission.”

Koohestani most recently served as CTO of Clarivate Analytics, leading technology innovation and delivery for more than three years. Prior to that, he was executive vice president and CTO of shopping site NexTag, where he managed all aspects of the technology platform and drove product strategy. Koohestani also served as global vice president at PayPal, leading global consumer and merchant product development. Additional leadership roles include chief information officer and chief technology officer at Orbitz Worldwide.