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Deputy Comptroller for Supervision Risk Management Chosen
On Friday, October 13, 2017, the OCC issued a press release to announce Bob Phelps will be its next Deputy Comptroller for Supervision Risk Management, effective October 30, 2017. In this role, Mr. Phelps will serve as chair of the OCC’s National Risk Committee, which is charged with identifying primary and emerging areas of risk to the federal banking system and ensuring that the risks are communicated throughout the agency and the industry. He will oversee a team that identifies, monitors, develops, and presents reports on existing and emerging risks and serves as a centralized risk analysis unit within the OCC.