The division preserves the integrity of state-chartered banks, credit unions, trust companies and similar financial institutions. File photo
Robert Davis has been named commissioner of the Bank Examining Division of the State Board of Financial Institutions, where he will lead the division that preserves the integrity of state-chartered banks, credit unions, trust companies and similar financial institutions.
“Mr. Davis brings a wealth of public and private sector experience to the board. His background in law and finance make him a valuable asset and I look forward to working with him,” Board Chaiman Curtis Loftis said.
Davis has more than 38 years of experience in legal and financial fields. He is well-versed in litigation, compliance and corporate governance concerns. He previously worked as executive vice president and general counsel for First Financial Holdings, Inc./First Federal Bank.
He has also worked for the comptroller's office as assistant director of the enforcement and compliance division in Washington, D.C.
The State Board of Financial Institutions supervises all state-chartered banks, credit unions, mortgage originators, payday loan companies and other finance-based entities through its Consumer Finance Division.