September 28, 2011
Debbie Matz, Chairman of the Federal Financial Institutions Examination Council1
(FFIEC), today announced the appointment of Judith E. Dupre as executive secretary of the Council. Ms. Dupre's principal responsibilities will be to manage the operations of the FFIEC consistent with the goals, priorities, and guidance of the Council members, to coordinate the interaction of the interagency staff task forces of the FFIEC, and to provide management oversight of all FFIEC operations on behalf of the Council.
“Judy’s background and experience make her well suited for the position of FFIEC Executive Secretary,” said Ms. Matz. “I am confident that her skilled leadership will build on an excellent program enhanced by her predecessor, Paul T. Sanford, and further strengthen this Council’s important work.”
The Council, established by Title X of the Financial Institutions Regulatory and Interest Rate Control Act of 1978, is charged with responsibility for prescribing uniform principles and standards for the federal examination of financial institutions and making recommendations to promote uniformity in the supervision of those financial institutions.
Ms. Dupre most recently served as a senior international advisor with the Federal Deposit Insurance Corporation (FDIC) coordinating international banking activities with a focus on building strong relationships with foreign bank regulators and deposit insurers. Prior to this position, she served as a senior program administrator in the FFIEC’s Examiner Education Office. Ms. Dupre has also served in a variety of commissioned examiner roles with the FDIC, including bank examination training specialist, commissioned compliance examiner, and commissioned risk management examiner prior to her tenure with the FFIEC.
Ms. Dupre graduated Magna Cum Laude from Bryant University in Rhode Island and holds a Bachelor of Science degree in business administration with a major in finance and a minor in accounting. Ms. Dupre is a graduate of the USDA Graduate School's Executive Leadership Program and former chairman of the FDIC's Boston Regional Diversity Council.
Ms. Dupre succeeds Paul T. Sanford, who recently accepted a position with the Consumer Financial Protection Bureau as the chief of staff in the Bureau’s Office of Large Bank Supervision.
1 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: a Governor of the Board of Governors of the Federal Reserve System designated by the Chairman of the Board, the Chairman of the Federal Deposit Insurance Corporation, the Chairman of the Board of the National Credit Union Administration, the Comptroller of the Currency, the Director of the Consumer Financial Protection Bureau, and the Chairman of 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.
NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 97 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At
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