CFPB Names New Senior Staff

Explore:  CFPB

On July 15, the CFPB announced that it filled four senior staff positions. Sartaj Alag will serve as Chief Operating Officer. Prior to taking on this role, Mr. Alag had established the Bureau’s Office of Consumer Response and had worked in the private sector both as President of a Capital One subsidiary and as a management consultant at McKinsey & Company. Christopher D’Angelo, who joined the CFPB in June 2011 as an enforcement attorney and who most recently served as Senior Advisor to Director Cordray, will be promoted to Chief of Staff. Prior to joining the Bureau, Mr. D’Angelo served as Senior Advisor to the Under Secretary for Domestic Finance at the Treasury Department. Nora Dowd Eisenhower will become the new Assistant Director for the Office of Older Americans. Prior to joining the CFPB, Ms. Eisenhower served on the National Council on Aging, where she was the Director of the National Center for Benefits Outreach and Enrollment, and the Senior Vice President of Economic Security. Prior to her work with the National Council on Aging, Ms. Eisenhower served as Secretary of the Pennsylvania Department of Aging and as Executive Director for AARP Pennsylvania. Finally, Laurie Maggiano will join the Bureau as the Program Manager for Servicing and Securitization Markets in the Division of Research, Markets, and Regulations. Ms. Maggiano most recently served as the Director of Policy in the Office of Homeownership Preservation at the Treasury Department, where she was one of the principal architects of the Making Home Affordable program. Prior to joining Treasury, Ms. Maggiano managed servicing policy at HUD, and before that spent 20 years in the private sector as a director at Freddie Mac and as a senior vice president for two major mortgage banks.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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