Four new members named to OCC’s MDIAC, with meeting set for April 25

Four new members of the Minority Depository Institutions Advisory Committee (MDIAC) are appointed, and a meeting of the whole group will be held April 25, the regulator of national banks said Thursday.

The Office of the Comptroller of the Currency (OCC) said the four new members of the committee, which advises the agency on steps it may take to ensure the continued health and viability of minority depository institutions and other issues of concern to these institutions, are:

  • William Hurley, chairman and chief executive officer (CEO), Southeast First National Bank, Summerville, Ga.;
  • Jonathan Jacob, head of minority depository institution and strategic client partnerships, Wells Fargo, Charlotte, N.C.;
  • Carlos Naudon, president and CEO, Ponce Bank, Bronx, N.Y.; and
  • Michael Pugh, president and CEO, Carver Bank, New York, N.Y.

The agency also said the April 25 meeting of the MDIAC will be held in person and virtually, open to the public; its scheduled start is 8:15 a.m. ET. However, the agency urges those planning to attend, in either way, to contact it by 5 p.m. ET on Thursday, April 20, 2023, to inform the agency of their intention to attend and whether that will be in person or virtually, and to obtain information about participating in the meeting.

OCC Hosts Minority Depository Institutions Advisory Committee Meeting April 25 and Appoints Four New Members