OCC appoints senior deputy comptroller for regional and midsize financial institutions
The U.S. bank regulator is filling a senior supervision post covering lenders with $30 billion to $500 billion in assets. Benjamin Eddy takes on the role effective June 1 and also joins the agency’s executive committee.
Highlights
- Eddy appointed senior deputy comptroller at OCC, supervising national banks and federal savings associations with $30B-$500B in assets.
- Eddy's mandate includes shaping supervision teams and scaling infrastructure to match the evolving banking sector structure, according to Comptroller Gould.
- Prior to OCC, Eddy held risk management and regulatory roles in both the private sector and at the Federal Reserve Bank of New York.
Supervision brief and appointment details
As announced by the Office of the Comptroller of the Currency, Eddy will serve as senior deputy comptroller for regional and midsize financial institutions. In the position, he oversees the supervision of national banks and federal savings associations within the $30 billion to $500 billion asset range.Comptroller of the Currency Jonathan V. Gould says Eddy brings deep knowledge of bank regulation and supervision and shares his vision for continual improvement. Gould says Eddy is expected to help shape and scale supervision teams and build supporting infrastructure aligned with the current and emerging structure of the banking system.
Experience and implications for the banking sector
Before joining the OCC, Eddy worked in the private sector on bank risk, regulatory and operational transformation. His career also includes roles in risk management, consulting, bank supervision and audit, including at the Federal Reserve Bank of New York.The appointment places an executive with experience across both public and private sector oversight into a key role for midsize and regional bank supervision. Eddy holds a bachelor’s degree in finance from the University of Massachusetts Amherst.
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