LANSING – Michigan Office of Financial and Insurance Regulation (OFIR) Commissioner Ken Ross announced today that he will leave his position effective April 15, 2011.
Governor Jennifer Granholm appointed Ross as OFIR Commissioner in February 2008. He has continued as Commissioner in Governor Rick Snyder’s administration.
“For three years, Ken Ross has carried out the functions of the position with integrity and an extensive understanding of the complex issues facing the financial service industry,” Governor Snyder said. “We wish him well as he moves forward in his professional life and appreciate his service to the State of Michigan.”
“Despite the many challenges that we faced during this economic downturn, Michigan’s financial service industry remained fundamentally stable, strong and well-regulated,” Ross said. “In some small part, this stability during a time of extreme stress, was maintained due to the hard work, dedication and professionalism of the OFIR staff, which I have proudly associated myself in my years with the agency.”
Before being appointed Commissioner, Ross served as the OFIR Deputy Commissioner for Policy and the OFIR Commissioner’s Chief of Staff. Prior to coming to OFIR, Ross served as the Vice President of Regulatory and Legal Affairs for the Michigan Credit Union League and also as an Assistant Attorney General.
Source: MI OFIR