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Even with tweaks making the final "heightened expectations" guidelines easier for the largest institutions, it represents a significant shift in the power given to examiners when overseeing institutions, experts said.
September 4 -
The Office of the Comptroller of the Currency said Tuesday it has named Jennifer Kelly chief national examiner.
June 11 -
When Tom Curry was first named as comptroller, there were some doubts about whether he was the right pick to address the industry's problems and the agency's battered reputation. Yet during the past year, Curry has reasserted the OCC's role in banking regulation and appears distinctly more comfortable in his role.
December 23
WASHINGTON The Office of the Comptroller of the Currency officially named Kathy Murphy as the senior deputy comptroller for management and chief financial officer on Friday.
Murphy has filled that role on an acting basis since June, when the OCC lent her predecessor, Tom Bloom, to serve as acting chief financial officer of NeighborWorks America. In her current role, Murphy oversees a wide range of functions for the OCC including financial management, human resources, information technology and performance improvement as well as serving on the OCC Executive Committee.
"At the Office of the Comptroller of the Currency, we are fortunate to have a strong team of executives," said Comptroller Thomas Curry, in a press release. "Kathy adds to this team with deep expertise in accounting and financial matters. She displays selfless dedication to our mission of ensuring the safety and soundness of our federal banking system and unwavering support for the men and women of this agency."
Murphy, a long-time public accountant, joined the OCC in 2002. Prior to her current role, Murphy was the OCC's deputy comptroller and chief accountant since 2009.
