OCC Logo NEWS RELEASE

Comptroller of the Currency

Administrator of National Banks

NR 2006-120



FOR IMMEDIATE RELEASE Contact: Kevin M. Mukri
October 24, 2006 (202) 874-5770

Mark Levonian Named Senior Deputy Comptroller

For International and Economic Affairs

 

WASHINGTON — Mark Levonian has been named Senior Deputy Comptroller for International and Economic Affairs, replacing Jeffrey A. Brown, who is retiring from government service.

 

Mr. Levonian has served as Deputy Comptroller for Modeling and Analysis in the International and Economic Affairs Department since April 2004, and oversaw quantitative modeling support for bank supervision, economic research and policy analysis. 

 

“Mark has an excellent background in economics, quantitative risk modeling, and the application of those fields to bank supervision,” said Comptroller of the Currency John C. Dugan.  “We are truly fortunate that he has agreed to accept this challenge.”

 

Mr. Dugan also thanked Mr. Brown for his service at the OCC.  “We congratulate Jeff Brown for his many significant contributions over his 19 years at the agency and offer him our best wishes for success and happiness in the years ahead.”

 

Prior to joining the OCC, Mr. Levonian was vice president for banking supervision and regulation at the Federal Reserve Bank of San Francisco.  Previously, he headed the Banking Studies Department at the Federal Reserve Bank of New York.  In addition, Mr. Levonian has served as senior economist at the Reserve Bank of Australia, lecturer in finance at the University of California, Berkeley, and lecturer on risk management techniques for the IMF Institute.

 

Mr. Levonian has a B.A. in economics from the University of California, Berkeley, and a Ph.D. in economics from Massachusetts Institute of Technology.

 

 

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The Office of the Comptroller of the Currency was created by Congress to charter national banks, to oversee a nationwide system of banking institutions, and to assure that national banks are safe and sound, competitive and profitable, and capable of serving the banking needs of their customers in the best possible manner.  OCC press releases and other information are available at http://www.occ.gov.  To receive OCC press releases and issuances by email, subscribe at http://www.occ.gov/listserv.htm.