TRENTON, N.J. (5/15/13)--New Jersey Gov. Chris Christie Monday nominated Patrick Mullen to head the Division of Banking within the state's Department of Banking and Insurance (DOBI).
Mullen's nomination is subject to confirmation by the state Senate, the New Jersey Credit Union League said (The Daily Exchange May 14).
Mullen serves as the division's assistant director in charge of the Office of Consumer Finance (OCF). OCF regulates state-chartered credit unions and other consumer financial businesses and activities, including mortgage bankers and brokers, check cashers, foreign and domestic money transmitters and pawnbrokers.
As division director, Mullen will also oversee the regulation all state-chartered banks.
Before joining DOBI in 2011, Mullen held senior positions at Alliance Capital Management, ABN AMRO Bank and Barclays Capital.