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CFPB announces several promotions to its executive team

Finally fills principal deputy general counsel role

The Consumer Financial Protection Bureau made several major changes to its leadership team, announcing three promotions at the bureau.

The company named Chris D’Angelo to associate director for supervision, enforcement and fair lending, Richard Lepley to principal deputy general counsel and Nellisha Ramdass as deputy chief operating officer.

“I am very pleased to announce today’s changes to senior leadership positions at the bureau,” CFPB Director Richard Cordray said.

“These leaders have played important roles in fulfilling the CFPB’s mission to protect consumers, and I am looking forward to continuing to work alongside them here at the bureau,” Cordray said.

D’Angelo joined the CFPB in June 2011 and was promoted from his position as chief of staff. Previously, he held the position of senior advisor to the director and as an attorney in the office of enforcement.

Before coming to the CFPB, D’Angelo worked for the Department of Treasury where he was senior advisor to the undersecretary for domestic finance and worked on financial regulation. Before that, D’Angelo worked as an associate at Cravath, Swaine and Moore in New York and Williams & Connolly in the District of Columbia. 

Meanwhile, in the past five years, Lepley held the position of deputy general counsel for general law, ethics and oversight at the CFPB.

He is now taking the position Meredith Fuchs left when she served as acting deputy director when Deputy Director Steve Antonakes stepped down at the end of July 2015.

The CFPB named Steve Antonakes as deputy director back in September 2013 but announced in an internal memo in July 2015 that he was stepping down in order to spend more time closer to home.

Before joining the CFPB, Lepley served as the acting assistant general counsel for general law and ethics as the Department of Treasury, where he worked on draft legislation that became the Consumer Financial Protection Act.

Lepley also spent more than 20 years as a litigator and manager in the Federal Programs Branch of the Civil Division at the Department of Justice. Before working for the government, Lepley worked as an associate at Fillbright and Jaworski.

Lastly, Ramdass was previously in charge of the CFPB’s team operations in the office of Technology and innovation, including serving as the acting deputy chief information officer.

Before joining the CFPB, Ramdass worked as a senior advisor to the chief operating officer at Federal Student Aid at the Department of Education. Before that, Ramdass worked as a senior contracting officer at the Office of Comptroller of the Currency.

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