WASHINGTON -- The Office of the Comptroller of the Currency
announced today that
Barbara J. Grunkemeyer has been named Deputy Comptroller for
Credit Risk. Ms. Grunkemeyer will serve
as the Comptrollers principal advisor on credit risk facing the national
banking system and will report to Wayne Rushton, Senior Deputy Comptroller and
Chief National Bank Examiner.
In the current economic environment, this position plays a
significant role in the supervision of the national banking system, said Mr.
Rushton. Ms. Grunkemeyer is an
experienced examiner and manager who will assist the OCC in identifying new
areas of emerging credit risk and in developing timely supervisory policies to
address those risks in the event they become necessary.
Ms. Grunkemeyer has served as Acting Deputy Comptroller for
Credit Risk since October, 2002. Prior
to her current assignment, she held the position of Team Leader for Commercial
Credit Risk.
Ms. Grunkemeyer has 12 years experience with the OCC in a
wide variety of assignments. Prior to
joining the OCC, she served in a wide variety of positions in the private
sector, her last being vice president
and senior manager of commercial lending at a major commercial bank.
She is a graduate of the University of Colorado and received
her MBA from the University of Massachusetts.
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The OCC charters, regulates
and examines approximately 2,100 national banks and 52 federal branches of
foreign banks in the U.S., accounting for more than 55 percent of the
nations banking assets. Its mission is to ensure a safe and sound and
competitive national banking system that supports the citizens, communities
and economy of the United States.
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