Having served in an acting capacity since January 2013, Steven Antonakes has been officially named deputy director of the ""Consumer Financial Protection Bureau"":http://www.consumerfinance.gov/ (CFPB), the agency announced.[IMAGE] [COLUMN_BREAK]
""I am happy to announce that Steve will be the official deputy director of the Bureau,"" said Director Richard Cordray. ""He has aptly led--and will continue to lead--our supervision, enforcement, and fair lending teams. Steve's experience, his knowledge, and his judgment are vital in helping us achieve our mission of fostering a thriving, sustainable marketplace for both consumers and responsible businesses.""
Antonakes' background includes more than two decades as a financial services regulator. He started his career in 1990 as an entry-level bank examiner with the Commonwealth of Massachusetts Division of Banks. Since that time, he has served in numerous managerial capacities, including servicing as former Commissioner of Banks Thomas J. Curry's deputy, before being appointed to take over that role himself.
He joined CFPB in November 2010 as assistant director for large bank supervision and was named associate director for supervision, enforcement, and fair lending in June 2012. His stint as acting deputy director followed the departure of Raj Date.