BofI Holding, Inc. announced the election of Director Paul Grinberg as Chairman of Board of Directors following the retirement of former Chairman Ted Allrich effective February 15, 2017. Mr. Allrich will continue to serve the Company in a consulting capacity through February 28, 2018. Paul Grinberg has served on the Company’s Board of Directors since April 2004 and brings extensive experience to the position of Chairman of the Board. Mr. Grinberg was Chief Financial Officer of Encore Capital Group, Inc. from September 2004 to February 2015 and currently manages international operations and corporate development for Encore Capital.