OCC reassigns 3 executive staff, effective next month

Beverly Cole will become the Deputy Comptroller of the Northeastern District, and Beth Dugan and Mark Richardson will become Deputy Comptrollers for Large Bank Supervision to fill posts left open due to a recent retirement and other reassignments, according to a release Wednesday from the Office of the Comptroller of the Currency (OCC).

All three will assume their new posts in August, the OCC said.

Cole is currently Deputy Comptroller for Compliance Supervision, which is responsible for developing and promulgating compliance operational protocols, examination strategies, and schedules. As Deputy Comptroller of the Northeastern District, she will oversee more than 300 community banks and federal savings associations. She will manage a staff of more than 350 bank examiners and other professional and support personnel located in the Northeastern District Office in New York City and in field offices in Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, Virginia, West Virginia, and Washington, D.C.

Cole will report to the Senior Deputy Comptroller for Midsize and Community Bank Supervision Toney Bland. She fills the vacancy created by the retirement of Kris Kiefer in June 2019.

Dugan and Richardson, as Deputy Comptrollers for Large Bank Supervision, will each supervise teams overseeing the largest, most complex banks in the nation, the OCC said. They will be two of four Deputy Comptrollers for Large Bank Supervision who report to the Senior Deputy for Large Bank Supervision Maryann Kennedy.

Dugan currently serves as the Deputy Comptroller for Operational Risk and oversees policy and examination procedures development addressing operational risk, bank information technology, cybersecurity and critical infrastructure, payments systems, and corporate and risk governance. Richardson currently serves as Acting Deputy Comptroller for Large Bank Supervision and most recently served as the Examiner-in-Charge of JPMorgan Chase Bank, National Association.

Dugan and Richardson fill vacancies created by the April 2019 selection of Kennedy as Senior Deputy Comptroller for Large Bank Supervision and the retirement of Kris McIntire.

OCC Announces Executive Assignments

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