The Consumer Bankers Association has announced that Lindsey Johnson will take over as president and CEO of the association. Johnson will succeed outgoing President and CEO Richard Hunt, who served in the role since 2009 and announced his intentions to leave the organization last year. Johnson will begin her new duties on July 5, 2022.
“We are thrilled to announce Lindsey Johnson as CBA’s next president and CEO,” CBA Board Chair Michelle Lee said. “From leading an industry association that works to expand access to homeownership to serving in senior leadership roles on Capitol Hill and within the financial services industry, Lindsey brings to CBA nearly two decades of advocacy and strategic leadership experience. With a depth of financial services knowledge and a proven record of bipartisan advocacy, Lindsey is just the leader we were looking for to promote the work of our member banks, advance commonsense policy solutions and champion our industry and the customers we serve.”
“I am honored to be joining an organization that has been the leading voice of America’s retail banks for more than a century,” Johnson said. “The banking industry is undergoing an historic transformation – from the rise in new technologies that have changed how consumers bank to increased regulatory pressures – and, at every turn, CBA has helped its members successfully anticipate and navigate a new, 21st century terrain. I am grateful to the CBA Search Committee and Board of Directors for entrusting me with the responsibility of leading this organization.”
Johnson previously served as a director at PricewaterhouseCoopers. Prior to joining PwC, Johnson was a staff member of the Senate Banking Committee as the Republican staff director for the Senate Banking Committee’s National Security and International Trade and Finance Subcommittee, and as a senior policy advisor to Sen. Mark Kirk (R-Ill.), focusing on noteworthy banking, housing finance reform, and insurance legislation.
Johnson also served as director for the Federal Home Loan Bank of Atlanta for seven years, representing the bank in D.C. at the highest levels of government during several key legislative reforms that impacted the bank including the Housing and Economic Recovery Act of 2008 and Dodd-Frank Act.
Johnson currently serves as president of U.S. Mortgage Insurers (USMI), a position she has held since 2015. She intends to remain in her current position until early June to aid with the transition.
U.S. Mortgage Insurers Chair Derek Brummer said of Johnson’s departure: “I am confident that I can speak on behalf of our board of directors and USMI member companies, when I say that Lindsey is an extraordinary professional, subject matter expert, leader, and advocate. She has served as USMI’s president since 2015 and has been a tireless defender of sustainable and prudent low down payment lending and expanded homeownership opportunities for more Americans. We thank Lindsey for her steadfast leadership at USMI and wish her tremendous success at the Consumer Banking Association.”