Reeves announces Commissioner of Banking and Consumer Finance – Picayune Item

JACKSON — Currently, Governor Tate Reeves announced Rhoshunda Kelly as the Commissioner of Banking and Consumer Finance with the Mississippi Section of Banking and Purchaser Finance.  Prior to this appointment to Commissioner, Mrs. Kelly served as Acting Commissioner upon the retirement of the previous Commissioner and was appointed Interim Commissioner July 1, 2020.

“Mrs. Kelly will keep on to serve the men and women of Mississippi well in her capacity as Commissioner of Banking and Consumer Finance.  Her knowledge and determination to the Department will be an asset to the field as well as the citizens who make use of the providers of point out-chartered banking companies and credit rating unions throughout Mississippi,” claimed Governor Tate Reeves. 

Mrs. Kelly has virtually 20 years of working experience as a bank regulator.  She was appointed Deputy Commissioner in 2014 and was responsible for supervisory oversight of the banking, home loan, buyer finance, administration, legal and information technological know-how divisions.  In this capability, she also ensured efficient coordination among the point out and federal regulators and fostered engagement with regulated industries.

Mrs. Kelly grew up in Reform, Mississippi. She began her vocation as a lender examiner after graduating from Mississippi State University with a diploma in Business enterprise and a focus in Banking and Finance.  She was a industry examiner from 2001 to 2011.  As a subject examiner, she assessed the safety and soundness of Mississippi state-chartered financial institutions.   In 2012 she became a overview examiner and was promoted to the Director of Financial institution Supervision in 2013.

“I am humbled and honored to serve as the next Commissioner of Banking and Purchaser Finance.  I want to thank Governor Reeves for this opportunity to provide our fantastic State.  Mississippi has a vivid economic ecosystem of financial institutions, credit history unions, mortgage firms, and buyer finance industries.  This economical network touches each corner of the state.”

Mrs. Kelly mentioned that “Mississippi is a nationwide leader in banking and finance.  Our bankers and consumer finance industries are committed to serving their shoppers and advertising and marketing economic expansion in their communities.  I glance ahead to developing on the growth and accomplishment of Mississippi’s money sector and maximizing the regulatory partnership with the marketplace.”

Mrs. Kelly is active in the Convention of State Financial institution Supervisors (CSBS), serving on the Board of Administrators, as properly as quite a few other organizational committees, which includes chairman of the southeastern district of condition bank regulators.