The Office of the Comptroller of the Currency on Wednesday announced it had designated Tim Ward to be deputy comptroller for thrift supervision, bypassing Office of Thrift Supervision Acting Director John Bowman.
Ward is to oversee the planning for integration of the OTS into the OCC. After the July 2011 OTS merger date, Ward is to continue overseeing all thrift-related issues.
"Tim is exceptionally well qualified to serve in this role and has already established himself as a valuable contributor to our internal planning processes," Acting Comptroller of the Currency John Walsh said in a press release.
Ward joined the OCC in February as a deputy comptroller and senior adviser. Before that, he had worked at the OTS for 26 years, including as deputy director for examinations, supervision and consumer protection from 2007 to 2009 and chief financial officer from January 2002 through April 2007.