|For Immediate Release||April 1, 2015|
Hughes and Kingry Re-Appointed to FFIEC State Liaison Committee
The Federal Financial Institutions Examination Council announced today the reappointments of both Mary Hughes and Lauren Kingry to the Council's State Liaison Committee (SLC).
Hughes’ SLC nomination was first confirmed by the National Association of State Credit Union Supervisors (NASCUS) in January 2015 to complete a partial term vacancy created by the resignation of Thomas Candon upon his retirement. Today marks the beginning of Hughes’ first two-year term, which will continue through March 31, 2017.
Hughes serves as the Financial Institutions Bureau Chief of the Idaho Department of Finance. She was first employed by the Department as a Deputy Attorney General in 1990, primarily litigating cases brought to enforce the state’s securities and mortgage laws; she was appointed the Department’s Lead Attorney in 1997. She served as the Consumer Finance Bureau Chief, supervising the state’s non-depository financial institutions, from 2000 until 2003, at which time she was appointed to her current position. Hughes has served as an officer and director of NASCUS and the American Association of Residential Mortgage Regulators and as an officer of the Business and Corporate Law Section of the Idaho State Bar. She remains an active member of the Idaho State Bar.
Kingry’s SLC nomination was first confirmed by the Conference of State Bank Supervisors (CSBS) for a two-year term commencing April 1, 2013. Today marks the beginning of Kingry’s second two-year term which will continue through March 31, 2017.
Kingry serves as the Superintendent of the Arizona Department of Financial Institutions. He was appointed on April 5, 2010 as the 28th Superintendent for Arizona and now serves under Governor Doug Ducey. Prior to his appointment, Kingry spent 39 years in commercial banking, with both community banks and large multi-state regional banks. Kingry serves as Treasurer of the CSBS Board of Directors. He also serves on the boards of many community organizations in Arizona, including the Arizona Board of Investment, the Arizona State Deferred Compensation Committee, and the Public Safety Personnel Retirement System for the State of Arizona, where he is Chairman of the Investment Committee.
The FFIEC was established in March 1979 to prescribe uniform principles, standards, and report forms and to promote uniformity in the supervision of financial institutions. The Council has six voting members: the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the National Credit Union Administration, and the State Liaison Committee. The Council’s activities are supported by interagency task forces and by an advisory State Liaison Committee, comprised of five representatives of state agencies that supervise financial institutions.