OCC names new leader for federal banking system risk supervision

Oversight of supervision risk management at the Office of the Comptroller of the Currency (OCC) — charged with identifying primary and emerging areas of risk to the federal banking system — will be headed by veteran agency staffer beginning Oct. 30.

Bob Phelps, who joined the agency in 1993, was named Deputy Comptroller for Supervision Risk Management; he succeeds Darrin Benhart, who OCC said is moving on to a role in Large Bank Supervision in Charlotte, N.C.

In the new role, Phelps will oversee a team that identifies, monitors, develops, and presents reports on existing and emerging risks and serves as a centralized risk analysis unit within the OCC. He is currently the agency’s director for critical infrastructure policy.

OCC Release: Bob Phelps Selected to be Deputy Comptroller for Supervision Risk Management

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