OCC announces changes to its organizational structure

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On April 16, the OCC announced several changes to its organizational structure to align its supervisory approach to the agency’s priorities. The OCC announced the combination of the Midsize and Community Bank Supervision and Large Bank Supervision functions to create one Bank Supervision and Examination line of business. The OCC announced that the newly created Bank Supervision and Examination line of business will be led by Greg Coleman, who currently serves as Senior Deputy Comptroller for Large Bank Supervision. The OCC also announced it will reinstate the Chief National Bank Examiner Office, including the divisions of Bank Supervision Policy and Supervision Risk and Analysis, to be led by Jay Gallagher, the current Senior Deputy Comptroller for Supervision Risk and Analysis. The OCC finally announced the elevation of its Information Technology and Security (ITS) function, which will be led by a new Senior Deputy Comptroller for ITS, who will serve as a member of the Executive Committee. The changes will be effective starting June 2.

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