Miguel A. Polanco, a former Army officer and investment banker, is now the top workforce and supplier diversity officer for the federal regulator of credit unions, the agency said Tuesday.
The National Credit Union Administration said Polanco will serve as director of the agency’s Office of Minority and Women Inclusion (OMWI); he most recently served as deputy director. He replaces Millie Avalos, who was serving as acting director.
Polanco’s other roles at the credit union regulator included managing the agency’s supplier diversity program. He also worked for the Small Business Administration (SBA) and its 8(a) program (a business assistance program for small, disadvantaged businesses). Prior to that, he worked in investment banking at Citibank Puerto Rico and served as a U.S. Army intelligence officer, NCUA said.
He is a graduate of the U.S. Military Academy at West Point and the Kellogg Graduate School of Management at Northwestern University.