Leadership Changes Announced at the CFPB

The Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger announced leadership changes in a recent press release. This comes after the New York Attorney General’s (AGs) office and other states have nabbed key officials from the federal agency to boost their staffing capabilities in consumer finance.

The following was taken from CFPB’s press release:

• Andrew Duke will serve as the Policy Associate Director for External Affairs. Duke has almost 30 years of public policy experience including 20 years serving three different members of Congress on Capitol Hill.

• Laura Fiene will serve as West Regional Director. Fiene has been with the CFPB since its inception and has almost 31 years of experience regulating financial services companies.

• Marisol Garibay will serve as the Acting Chief Communications Officer. She most recently served as Senior Advisor and Acting Communications Director at the Office of Management and Budget.

• Delicia Reynolds Hand will serve as Deputy Associate Director for External Affairs. Hand has been with the CFPB since 2012 and has worked in consumer advocacy, community development, and on Capitol Hill.

• Lora McCray will serve as Director for the Office of Minority and Women Inclusion. McCray has 15 years of experience in diversity practice and management, most recently serving as Assistant Vice President, Diversity and Inclusion at the Federal Reserve Bank of Boston.

Confirmed late last year, Kraninger is now set to lead the CFPB for the next 5 years, and her new leadership team will assist her in that endeavor.