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CFPB Announces New Leadership Positions

CFPB

Consumer Finance

Today, the CFPB announced four individuals to serve in new leadership roles at the Bureau:

Cheryl Parker Rose will serve as Assistant Director for the Office of Intergovernmental Affairs, which is responsible for coordinating the CFPB’s work with other federal and state regulators, including state attorneys general.  She joins the CFPB from the Bill and Melinda Gates Foundation, where she was Deputy Director of U.S. Government Relations.  Prior to that, she was Senior Advisor and Director of Intergovernmental Affairs for House Speaker Nancy Pelosi.

Christopher Carroll will serve as Assistant Director and Chief Economist for the Office of Research.  Dr. Carroll will be taking a leave of absence from Johns Hopkins University to join the CFPB, but will not start until January 2014.  Dr. Ron Borzekowski—who joined the CFPB from the Federal Reserve Board at its inception and played a major role in the CFPB’s mortgage rulemakings—will be the acting head of the Office of Research until that time.

Kathleen (“Kitty”) Ryan will serve as Deputy Assistant Director for the Office of Regulations, which is responsible for drafting amendments to the CFPB’s regulations and providing guidance to supervision and enforcement staff regarding the current regulations. Ms. Ryan joins the CFPB from JPMorgan Chase, where she was Senior Regulatory Counsel.  Prior to that, she was Senior Counsel in the Federal Reserve Board’s Office of Regulations.

Elizabeth Brennan Ellis will serve as Deputy Assistant Director for the Office of Financial Institutions and Business Liaison.  Ms. Ellis has been with the CFPB since its inception and previously served as a Senior Advisor to the Chief of Staff.