Career moves

Former McKinsey & Company associate partner Liz Oakes has been named Mastercard's executive vice president of market development for the New Payments Platforms division.

The White House said that Comptroller of the Currency Joseph Otting will serve as acting director of the Federal Housing Finance Agency beginning Jan. 6, after Director Mel Watt’s term ends.

BBVA has picked Javier Rodriguez Soler, its head of strategy and mergers, to run its U.S. bank.

David Rupp was CEO of Four Oaks Fincorp in North Carolina when it sold itself to United Community Banks last year.

Gagan Kanjlia joins the Santa Clara, Calif.-based Silicon Valley Bank after spending two-plus years as the head of product for OnDeck, an online lending provider for small businesses. Before OnDeck, Kanjlia spent 14 years at Capital One.

The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.

Synovus has given CFO Kevin Blair the additional title of COO. He will oversee three business lines, plus tech, operations and product and treasury management.

The Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner.

The Trump appointee officially took over for Mick Mulvaney as head of the agency following her Senate confirmation last week.

Several banks are seeing significant changes in leadership as the year comes to a close.

While equity prices drop an average 5% at big banks, bosses express confidence in the U.S. economy; the bank appoints new managers in payments, consumer banking and marketing.

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It's the latest expansion step in commercial services there by the Atlanta bank, which has no retail branches in Texas.

Michael Daly had been the Boston company's president and CEO since 2002. It did not say why he left.

The Senate's approval of the Kansas banking commissioner leaves the board with two remaining seats to fill as the administration's nominees for the vacancies await votes.

Brenda Kerr will be responsible for creating a strategy for the bank's retail operations.

The industry saw some well-known executives step down from their roles or take on new ones during the past month.

Paul Aguggia, a lawyer before leading Clifton Bancorp, has become a partner at Holland & Knight in New York.

Anthony DeChellis will succeed Clayton Deutsch at the end of this month.

The two allegedly helped to defraud a Malaysian sovereign wealth fund; Michelle Bowman is expected to bring a Main Street perspective to the central bank.