The Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corp. (FDIC), and Securities and Exchange Commission (SEC) have ushered in the new year by making leadership changes and appointments.
Consumer Financial Protection Bureau
According to a report from The Wall Street Journal, Tony Alexis will become the CFPB’s director of enforcement. Alexis previously served as deputy director of enforcement field litigation. Prior to joining the CFPB, Alexis worked as an assistant U.S. attorney for 13 years, focusing on fraud, public corruption, and white-collar crimes.
Kent Markus, the previous director of enforcement, will become senior advisor to CFPB Deputy Director Steven Antonakes.
Securities and Exchange Commission
On Jan. 8, the SEC named Walter E. Jospin as regional director of its Atlanta office. There, Jospin will oversee enforcement and examination efforts in Georgia, North Carolina, South Carolina, Tennessee, and Alabama.
Jospin was a partner at Paul Hastings LLP, where he worked on mergers and acquisitions, corporate governance, and securities enforcement. Jospin previously worked in the SEC’s Enforcement Division in Atlanta from 1980-1983, where he handled investigations and litigations involving accounting and financial fraud, disclosure violations, and insider trading.
Federal Deposit Insurance Corp.
The FDIC appointed Michael Dean as regional director for the agency’s Atlanta region, where he has been serving as acting regional director since April 2014.
Dean will continue to oversee the FDIC’s bank supervisory and compliance activities in Alabama, Florida, Georgia, North Carolina, South Carolina, Virginia, and West Virginia. The Atlanta Region supervises 819 institutions with assets of more than $454 billion.
During his 28-year career with the FDIC, Dean has served as deputy regional director in risk management and compliance, national minority depository institution coordinator, acting deputy director for strategic planning and human resource, and acting associate director for compliance.