May 3, 2017

OCC: Thomas J. Curry to Step Down May 5, Keith A. Noreika to Serve as Acting Comptroller of the Currency

WASHINGTON — Comptroller of the Currency Thomas J. Curry will step down on May 5, 2017, and Keith A. Noreika will serve as Acting Comptroller of the Currency.

“Serving as Comptroller of the Currency has been the highlight of my career,” said Comptroller Curry. “The Comptroller is a special job and I am proud to have served with 4,000 men and women who showed such deep dedication to the agency’s mission of ensuring the safety and soundness of the federal banking system and the fair treatment of its customers.”

Mr. Curry completed his five-year term on April 9, 2017, and plans to return home to Boston, Mass.

Mr. Noreika will become Acting Comptroller of the Currency on Friday, May 5, 2017. He is currently a partner at Simpson Thacher & Bartlett LLP and was a partner at Covington & Burling, specializing in banking regulation. He has extensive experience advising regional, multinational, and other banks on structuring their operations, including compliance with the Volcker Rule and Consumer Financial Protection Bureau regulations, and Bank Secrecy Act and anti-money laundering rules. Mr. Noreika has represented national banks before the Supreme Court and has worked extensively with all federal bank regulatory agencies.

Mr. Noreika has been an adjunct faculty member at the University of Pennsylvania Law School and the University of Virginia School of Law. He received his juris doctor in 1997 from Harvard Law School, where he was editor of the Harvard Law Review. He earned his bachelor of science from The Wharton School of the University of Pennsylvania in 1994.

This post was originally published here.