WASHINGTON (8/29/12)--The Consumer Financial Protection Bureau (CFPB) has moved Kelly Thompson Cochran into the position of acting assistant director for regulations after the recent departure of Leonard Chanin, who has returned to the private sector.
CFPB Director Richard Cordray in a release thanked Chanin for his guidance in building the CFPB and for furthering the agency's mission to make markets work for consumers.
Cochran as acting director will oversee the agency's Dodd-Frank Wall Street Reform Act rulewriting. She previously served as CFPB deputy assistant director for regulations. In that position, she worked on many Dodd-Frank Act priorities, including mortgage servicing, disclosures, and remittances.
The CFPB also hired Chris Lipsett to serve as senior counsel to Cordray and promoted Stephen Van Meter to the position of deputy general counsel.
Delicia Reynolds Hand has been hired to oversee the CFPB's Consumer Advisory Board, Community Bank Advisory Board and Credit Union Advisory Board. She also will work with senior advisory board staff to set priorities, objectives and policies for the board.
Cordray said he looked forward to welcoming the new agency additions as the CFPB continues its work on behalf of the American consumer.
For the CFPB release, use the resource link.