WASHINGTON - Compliance consultant Jeanine Catalano has left Secura Group for KPMG Peat Marwick.
Moving to expand its regulatory practice, Peat Marwick also nabbed national bank examiner Peter O'Sullivan.
Ms. Catalano will advise financial institutions on consumer compliance issues and develop programs for dealing with fair-lending and the Community Reinvestment Act. Mr. O'Sullivan will be responsible for advising institutions on capital market issues, specifically regulatory risk management of derivatives and interest rate risks.
"What I've seen at Peat and continue to see is a real focus on regulatory advisory practice," Ms. Catalano said. "They are very client focused. They look at each individual client's needs and do what it takes to address those needs."
Ms. Catalano, based in San Francisco, has more than 20 years of regulatory experience at Secura as well as three regulatory agencies: the Office of Thrift Supervision, Federal Reserve Board, and the Office of the Comptroller of the Currency.
The size of Peat Marwick, which has five offices in the San Francisco Bay area alone, drew Ms. Catalano from Secura, which has five offices for the entire country.
Mr. O'Sullivan worked for the Office of the Comptroller of the Currency for eight years, but said the opportunity that Peat Marwick offered to expand the scope of his work was simply too good to pass up. He will work from New York.
"These appointments of seasoned professionals increase our ranks of regulatory consultants when bank regulation is a very costly issue," said Steven Roberts, partner-in-charge of the regulatory advisory practice.
Peat Marwick said it is interviewing to add to its 32-person regulatory advisory practice.