ALEXANDRIA, Va. (July 13, 2015) – The National Credit Union Administration has selected Monica Hughes Davy as the agency’s Director of the Office of Minority and Women Inclusion. Davy began her duties today.
“I’m very pleased to welcome Monica, who brings a wealth of experience to this important agency post,” NCUA Board Chairman Debbie Matz said. “NCUA takes our responsibilities very seriously in supporting greater diversity among our workforce and in our contracting, and we have found an excellent individual to lead this important office. Monica’s public service has been marked by a deep commitment to fairness and promoting opportunity, and she has shown the kind of thoughtful and innovative leadership that will be a great addition to this agency.”
Prior to joining NCUA, Davy served as executive director of the Office of Equity, Diversity and Inclusion at the Internal Revenue Service. Her previous work included leading the U.S. Food and Drug Administration’s Office of Equal Employment Opportunity and Diversity Management as acting director and serving as senior trial attorney at the Department of Health and Human Services.
Davy holds degrees from Howard University School of Law and George Mason University.
Established pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, NCUA’s Office of Minority and Women Inclusion oversees issues related to diversity in management, employment and business activities. The office works to ensure equal opportunities for everyone in NCUA’s workforce, programs and contracts. It also works to preserve minority depository institutions and develop standards to assess the diversity policies and practices of credit unions regulated by NCUA.
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 United States, NCUA operates and manages the National Credit Union Share
Insurance Fund, insuring the deposits of account holders in all federal credit unions and the overwhelming majority of
state-chartered credit unions. At MyCreditUnion.gov, NCUA also educates the public on consumer protection and financial literacy issues.