The CFPB announced last week the appointment of new leaders within the agency as well as consumer finance experts to the CFPB’s advisory boards for consumers, community banks and credit unions.
New senior leader appointments include Patricia McClung, a former senior housing policy advisor at the Federal Housing Administration, to the position of assistant director for mortgage markets; Janneke Ratcliffe, the former executive director at the Center for Community Capital at the University of North Carolina-Chapel Hill, to the position of assistant director for financial education; and Will Wade-Gery, who will assume the position of assistant director for card and payments markets, having served as acting assistant director since January.
All three of the CFPB’s advisory councils also received new members—those on the consumer advisory board will serve three-year terms and those on the credit union and community bank advisory boards will serve two-year terms.
“These new additions to the CFPB’s leadership team show the importance we place on identifying and securing the best talent available to serve on behalf of consumers,” CFPB Director Richard Cordray said. “Additionally, these new members of our advisory board and councils will provide valuable input to help us better understand the consumer financial marketplace.”
A full list of the members can be found in the CFPB’s release.