Management - OLB GROUP


Mr. Ronny YakovChief Executive Officer

As Chairman and CEO, Mr. Yakov has more than 25 years of experience in concept-to-print, software, and eCommerce marketing experience for Fortune 500 and 1000 companies with a proven background of helping clients adapt their businesses in the new technology age. In 1996, he entered into the electronic mail-order catalog business with Playboy Enterprises, creating and hosting two eCommerce sites: Critics’ Choice Video and Collectors’ Choice Music. The company has since developed a number of other branded eCommerce sites for clients, selling a variety of products including sporting goods, chocolates, and cosmetics, and has now partnered with these sites, providing ongoing hosting and maintenance of these sites. Other significant accomplishments have included establishing an AT&T eCommerce platform for 180,000 employees’ wholesale shopping and working with high-profile clients such as Jack Henry and Associates creating 2,700 eCommerce sites for small community banks. Mr. Yakov also developed and maintains a complex extranet/intranet infrastructure that allows Doremus, an Omnicom Communication subsidiary, to provide its advertising services to 50 of the top financial institutions on a real-time basis.

Rachel Boulds Chief Financial Officer/BSA Compliance Officer

As Chief Financial Officer and Bank Security Act Compliance Officer, Ms. Boulds oversees all aspects of the company’s Bank Secrecy Act and Anti-Money Laundering Program. In Addition, Ms. Boulds prepares and files the Company’s financial statements to comply with GAAP and the SEC required of all public companies. Ms. Boulds was an ABAS associate for PriceWaterhouseCoopers and is experienced in the e-commerce space working as an e-commerce Accountant for the Walt Disney Group’s Ms. Boulds earned a B.S. in Accounting from San Jose University in 2001 and is a licensed CPA.

Patrick SmithVP Corporate Finance

Patrick Smith has more than 17 years of finance and accounting experience in the electronic payments and financial services industry. During this time, Patrick has held positions including internal auditor, senior analyst, division controller and Vice President of business development. He built and managed financial staff, worked to raise capital, and managed due diligence processes for different mergers and acquisitions. His career began in 1997 as an internal auditor with Concord EFS, an electronic payments processor. During his 8 years with Concord, Patrick progressed to Vice President-Controller of EFS Federal Savings Bank, a subsidiary of Concord EFS. As Vice President, he led the growth from $25 million in assets to over $400 million. This subsidiary was also responsible for managing over 1500 nationwide ATMs owned and operated by Concord EFS. After the acquisition of Concord EFS by First Data, Patrick worked with Pay By Touch, Inc. a biometric payments startup based in San Francisco, CA. As Director of Finance, Patrick worked with the CFO and other members of the finance team to prepare financial plans and models to present to investors while raising capital for growth. He was also responsible for due diligence and integration of acquisitions for the company. After Pay by Touch liquidated, Patrick was hired as Corporate Controller by National Bankers Trust, a transportation factoring company. After 3 years as Controller, he transitioned back to the payments industry with an opportunity to conduct financial planning and analysis with several large ISOs. Patrick holds a Bachelors of Business Administration with a concentration in accounting from the University of Memphis.

Board of Directors

George Katsiaunis
Mr. Katsiaunis currently serves as a self-employed consultant. Mr. Katsiaunis has over 25 years of experience in the banking industry. From 2017 to 2018, Mr. Katsiaunis served as a director of Mariners Bank where he served on the Audit, Governance and Nominating Committees. Previously, Mr. Katsiaunis was president and chief executive officer of Alma Bank where he served from 2011 to 2017. From 2004 to 2011, Mr. Katsiaunis served in several roles at Marathon National Bank, including executive vice president and chief banking officer. Mr. Katsiaunis earned a BA in Computer Science and MA in Management from the City University of New York. Mr. Katsiaunis is also a member of the New York Bankers Association, Hellenic Bankers Association, and The 200 CLUB of Bergen County.

Ehud Ernst
Since 2015, Mr. Ernst has been the chief executive officer of From 2007 to 2017, Mr. Ernst founded and was the chief executive officer of Feelternet, a creative digital agency, which served some of the largest brands in the Israeli market. From 2004 to 2007, Mr. Ernst served as division manager at Data-Pro Proximity/BBDO, a large direct marketing, and analytics agency in Israel. From 1985 to 1999, Mr. Ernst founded and was the chief executive officer of Ernst Meron studios, one of the largest commercial photography production studio in Israel. Mr. Ernst also co-founded, a marketing technology start-up venture enabling product displays at e-commerce stores. Mr. Ernst graduated from ICP New York with a degree in Photography and Art.

Amir Sternhell
Since 2016, Mr. Sternhell has served as chief strategy officer of Sertainty, a data optimization company. Mr. Sternhell has 24 years of experience in the IT and Corporate Learning industries, including two-decades at .2013, where he was head of a business intelligence unit representing Microstrategy, and, chief learning officer, representing Harvard Business Publishing. Mr. Sternhell was the founder of the first Non-Profit Organization that assisted Israel’s Incubator System, in which he hand-held over 100 high-tech companies. Mr. Sternhell was the vice-chairman of the American-Israel Chamber of Commerce and Industry, overseeing its initiatives, and a recipient of its Business Leadership Award. Mr. Sternhell served in the Directorate of Military Intelligence for the Israel Defense Forces and was awarded the Most Outstanding Soldier of the Corp. in 1981. Mr. Sternhell holds an AB in Political Science and Psychology from Tel Aviv University, an MIA in International Economics from Columbia University, and an MBA from the ‘Grand Ecole’ EDHEC ‘92 specializing in IT and Management where he graduated first in his class.

Advisory Board

John E. Herzog

John Herzog is the founder and Chairman Emeritus of the Museum of American Finance. He has collected financial memorabilia for more than 50 years, with a particular interest in American Revolutionary bonds and other 18th century documents, and donated much of his personal collection to the Museum. Mr. Herzog was chairman of R.M. Smythe & Co., one of the nation’s leading numismatic auction firms specializing in coins, paper money, antique stocks and bonds, and autographs. He is also retired Chairman Emeritus of Herzog Heine Geduld, Inc., a leading Nasdaq market maker that was acquired by Merrill Lynch & Co. in July 2000.
Mr. Herzog is a member of the American Antiquarian Society, the Down Town Association, the Union League Club, and the Fairfield Hunt Club. He is also a member of the Smithsonian National Associate Board, Emeritus Trustee of Randolph-Macon Woman’s College, a member of the NYU Stern School Board of Overseers, and a recipient of the Ellis Island Medal. Mr. Herzog received a B.A. from Cornell University and an MBA from New York University’s Stern School of Business.

Dr. Yelena Yesha

Yelena Yesha is a tenured Professor at the Department of Computer Science and Electrical Engineering, the University of Maryland, Baltimore County. She received her B.Sc. degrees in Computer Science and in Applied Mathematics from York University, Toronto, Canada, in 1984, and her M.Sc. degree and Ph.D. degrees from The Ohio State University in 1986 and 1989, respectively. She joined the Department of Computer Science at the University of Maryland, Baltimore County as an Assistant Professor in 1989. In 1994 she was promoted to the rank of tenured Associate Professor, and in 1995 she was promoted to the rank of tenured Professor. In 1994-1995, while on leave from the University of Maryland, Baltimore County, she was the Director of the Center for Applied Information Technology (CAIT) at the National Institute of Standards and Technology, as a United States federal government employee (civil servant). In 1995 she became the Director of the Center of Excellence in Space Data and Information Sciences (CESDIS) at the NASA Goddard Space Flight Center. From 2009 through the present she has served as the Director of the National Science Foundation Industry-University Collaborative Research Center for Hybrid Multicore Productivity Research. She has published 12 books as author or editor, and more than 140 papers in prestigious refereed journals and refereed conference proceedings, and has been awarded external funding in a total amount exceeding 23 million dollars.

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