WASHINGTON—The
Office of the Comptroller of the Currency announced today that Kay E. Kowitt
has been named Deputy Comptroller for the Western District. In her new assignment, Ms. Kowitt will
report directly to Timothy W. Long, Senior Deputy Comptroller for Mid-Size/Community
Banks.
“The Western
District has a large geographic area, 12 field offices, 7 satellite offices and
a portfolio of 426 banks with $71 billion in assets,” said Mr. Long. “Ms. Kowitt possesses the necessary bank
examiner and management experience to guide the Western District in the
challenging years ahead.”
Ms. Kowitt has been
a bank examiner with the OCC for 22 years.
Since 1997, Ms. Kowitt served as Mid-Size/Community Bank liaison and
more recently in the additional capacity as Senior Advisor to the Senior Deputy
Comptroller for Mid-Size/Community Banks.
In these positions, she has played an important role in the formulation
of major bank supervision operational and policy initiatives and their subsequent
agency-wide implementation.
She has also served
as a field examiner in Portland, Oregon, special supervision analyst in the
Western District Office and field manager of the San Francisco duty station.
Ms. Kowitt is a
graduate of the University of Oregon, with a degree in Management.
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The OCC charters, regulates and examines
approximately 2,200 national banks and 52 federal branches of foreign banks
in the U.S., accounting for more than 54 percent of the nation’s 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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