Jorde Joining ICBA
Terry Jorde, the former president and chief executive of CountryBank USA in Cando, N.D., is heading for Washington.
Jorde is set to become the chief of staff for the Independent Community Bankers of America on April 1.
Jorde recently retired from the $50 million-asset CountryBank after 20 years as its president and 31 years working for the institution, but she has been very active in the ICBA. She was chairman of the trade group in 2006, and has been on its executive committee for the past seven years. Her work included testifying on banking issues on several occasions.
Jorde formerly headed the independent bankers group in North Dakota.
Cam Fine, the ICBA's president, called Jorde one of "the top community bankers in the nation."
"We are thrilled that Terry is joining the full-time executive staff of ICBA," Fine said by e-mail.
On to Promontory
Amy Friend, chief counsel to the Senate Banking Committee for the past three years under its former chairman Chris Dodd, was to join Promontory Financial Group on Jan. 17 as a managing director.
Friend was instrumental in writing and negotiating the landmark Dodd-Frank financial reform act. She came to the Banking Committee from the Office of the Comptroller of the Currency, where she was assistant chief counsel.
Friend worked on Capitol Hill before her stint at the OCC, as a minority general counsel for the House Financial Services Committee. She also worked for Rep. Rosa DeLauro, D-Conn., and Sen. Charles Schumer, D-N.Y., when he was in the House.
At Promontory Friend will work under former Comptroller of the Currency Eugene A. Ludwig, the company's founder and chief executive.
"Amy is an exceptionally well rounded financial services expert, whose energy and insights have helped her excel in senior staff positions in the Senate, the House of Representatives, and the Office of the Comptroller of the Currency," Ludwig said. "I am certain she will be highly effective in meeting our clients' needs for smart and practical guidance and advice."
Senate Pair Hired
Bob Bennett, R-Utah, a longtime Senate Banking member and a staunch advocate of Utah's numerous industrial loan companies, has joined Arent Fox LLC as a senior policy adviser for the firm's government relations practice, along with former Sen. Byron Dorgan, D-N.C., who just retired from Congress.
Bennett joined the Senate in 1992 but lost his primary challenge to a Tea Party candidate last year, in part because he supported the Troubled Asset Relief Program. Bennett has also started Bennett Consulting Group, which has offices in Washington, Salt Lake City and Shanghai.
"I am delighted to join forces with my good friend Byron Dorgan as Washington is making critical decisions that will have lasting effects on every business and every industry," Bennett said in a press release.
New Faces at CBA
The Consumer Bankers Association has hired Pace Bradshaw, Jeffrey Bloch and Megan Baer.
Bradshaw joined the group's senior management as vice president of congressional affairs.
Previously Bradshaw was a director of legislative affairs for the Mortgage Bankers Association. Before that he was on the staff of former Sen. John Sununu, R-N.H., a Senate Banking member. Bradshaw worked on banking and commerce issues for Sununu.
Bloch was hired as a senior regulatory counsel. He will specialize in consumer and fair lending, payments, government-sponsored enterprises and deposit insurance.
Before joining the CBA, Bloch was with the Credit Union National Association as a senior assistant general counsel. He has also worked at the Federal Deposit Insurance Corp. and the Federal Home Loan Bank Board.
Baer was hired as a director of membership and corporate philanthropy. She had been a project manager in event production at Leading Authorities Inc.
BIS Election
Masaaki Shirakawa, the governor of the Bank of Japan, was elected the vice chairman of the Bank for International Settlements. Its board of directors made the election Jan. 10 at its meeting in Basel, Switzerland.
Shirakawa has served on the board since May 2008 and is chairman of the BIS Asian Consultative Council. Shirakawa's post is for a three-year term. He succeeds Hans Tietmeyer.
