Changing Hats, August 2010

John Dugan has announced his intention to step down from the US Office of the Comptroller of the Currency in mid-August. Appointed by former president George Bush, Dugan served as comptroller for a five-year term.

His successor will be selected by President Barrack Obama. The timeframe for announcing Dugan’s replacement is not known, but a regulatory source suggests Richard  Neiman, the superintendent of banks for the state of New York, is a frontrunner for the role.

Before his work in

To continue reading...