New Leader At The California Department Of Financial Protection & Innovation

Allen Matkins
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Allen Matkins

Last month, Governor Gavin Newsom appointed Khalil “KC” Mohseni, as Commissioner of the California Department of Financial Protection and Innovation.  Commissioner Mohseni is not an entirely new to the DFPI.  He served as Chief Deputy Director of the DFPI since 2023.   He has previously served as the Chief Operating Officer at the State Controller’s Office and the Deputy Director of Administration at the California Department of Housing and Community Development.  Commissioner Mohseni earned a Juris Doctor degree from the University of California, Davis School of Law, and a Bachelor of Arts degree in Political Science from the University of California, Irvine. 

Although Commissioner Mohseni assumed office immediately, he will lose his position if the California Senate fails or refused to confirm his appointment within 365 days after the day on which he first began performing the duties of the office.  Cal. Gov't Code § 1774(c).  

How much will Commissioner Mohseni make in his new position?  $224,868 per year.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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