Alert April 30, 2013

CFPB Announces Changes in Senior Leadership

The CFPB announced the following changes in senior leadership: Catherine Galicia will serve as the new Assistant Director for Legislative Affairs; Lisa Konwinski, former Assistant Director for Legislative Affairs, will now serve as Deputy Associate Director for External Affairs; and Hubert Humphrey will step down as Assistant Director in the Office of Older Americans, and will remain with the CFPB to continue his work in this area as a Senior Liaison Officer. In addition, Dan Smith, former Director for Industry and State Relations at Freddie Mac, joins the CFPB as the first ever Assistant Director for the newly-created Office of Financial Institutions and Business Liaison. The Office of Financial Institutions and Business Liaison is intended to facilitate communication and collaboration between the CFPB and trade associations, businesses, and financial institutions.