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OCC Appoints Deputy Comptroller for Large Bank Supervision

Molly Scherf has been named to oversee large bank supervision at the ""Office of the Comptroller of the Currency"":http://www.occ.gov/index.html (OCC), the agency announced.

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As deputy comptroller of large bank supervision, Scherf will manage and oversee the large bank lead experts, shared national credit, data analytics, and systems teams as well as assume various other responsibilities.

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Her new role will also see her working with policy, midsize and community bank supervision, and legal departments within OCC.

Scherf brings 23 years of bank supervision experience to her post, having supervised institutions with assets ranging from $50 million to $2 trillion. She most recently served as large bank lead expert for governance and enterprise risk management.

""Since taking on the challenge of overseeing the implementation of our 'Heightened Expectations' across Large Banks in late 2012, Molly has demonstrated a broad and deep understanding of the issues, strong collaboration skills working both inside and outside the OCC, and impressive work ethic and ability to meet aggressive deadlines,"" said Martin Pfinsgraff, senior deputy comptroller for large bank supervision.

""I look forward to working with Molly in this new role that will leverage all of those abilities,"" he continued.

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