Senior Leadership Changes at CFPB and Ginnie Mae

Senior Leadership Changes at CFPB and Ginnie Mae

Brian Johnson, acting deputy director of the Consumer Financial Protection Bureau since July 2018, was officially named to the position this week. Johnson joined the Bureau in December 2017 as senior advisor to former CFPB Director Mick Mulvaney and later served as principal policy director.

At Ginnie Mae, Adetokunbo “Toky” Lofinmakin was named chief financial officer after serving as acting CFO since January 2018 and Thomas “Greg” Young was named director of counterparty risk management. Read more about their backgrounds and responsibilities at GinnieMae.gov.

Deputy Director Johnson came to the CFPB from the House Financial Services Committee, where he served for five years, including stints as senior counsel, chief financial institutions counsel and policy director during former congressman Jeb Hensarling’s (R-TX) tenure as committee chairman. Other leadership changes announced by the CFPB, include:

  • Kate Fulton being named chief operating officer. Fulton first joined the Bureau in 2013 and served as senior counsel in the Legal Division and later in the Office of Supervision, Enforcement and Fair Lending;
  • Yasaman Sutton being named senior advisor and counselor to Director Kathleen Kraninger. Sutton has served over 14 years in the Executive Branch, where she provided advice and representation on legal matters affecting the Office of Management and Budget, the White House, the Department of Defense and the Department of Justice; and
  • Melissa Brand being named director of the Office of Civil Rights. Brand has extensive experience in federal sector equal employment opportunity, including almost ten years at the U.S. Equal Employment Opportunity Commission.