Steve Antonakes Named Deputy Director Of The CFPB

The Consumer Financial Protection Bureau (CFPB) has appointed Steve Antonakes, previously the agency's acting deputy director, as deputy director.

Antonakes joined the CFPB in November 2010 as the assistant director for large bank supervision. He was named associate director for supervision, enforcement and fair lending in June 2012. He was named acting deputy director in January of this year.

As deputy director, Antonakes will continue to oversee the agency's supervision, enforcement and fair lending teams. He will report directly to Richard Cordray, director of the agency.

In a release, Cordray says Antonakes' experience, knowledge and judgment ‘are vital in helping us achieve our mission of fostering a thriving, sustainable marketplace for both consumers and responsible businesses.’

Antonakes has more than two decades of experience as a financial services regulator. Previously, he served as Commissioner of Banks for the state of Massachusetts from December 2003 to November 2010, becoming only the second career bank examiner to serve in that capacity.

For more, check out the CFPB's release.


Please enter your comment!
Please enter your name here