FOR IMMEDIATE RELEASE
October 24, 2003
Contact: Robert M. Garsson
Ann F. Jaedicke Named Deputy Comptroller for Compliance
WASHINGTON — Ann F. Jaedicke has been named Deputy Comptroller for Compliance, succeedin David G. Hammaker, who plans to retire from the OCC on November 30.
"Dave was a true professional in every sense of the word and he will be greatly missed," said E. Wayne Rushton, Chief National Bank Examiner and Chairman of the OCC's Committee on Bank Supervision "However, I am very pleased that we were able to find someone as qualified as Ann Jaedicke to take his place. Ann has served the OCC very ably in a number of challenging positions she will bring a wealth of experience to this job."
In her new position, Ms. Jaedicke will oversee the OCC's overall compliance program, with responsibility for ensuring national bank compliance with a variety of consumer protection program as well as such laws as the Bank Secrecy Act and the USA Patriot Act.
Ms. Jaedicke was commissioned as a national bank examiner in 1980, after being trained as one of t OCC's first compliance specialists. In her 26-year career at the OCC, Ms. Jaedicke has examined banks of all sizes, including seriously troubled institutions. Among other positions, she has served director of the OCC's multinational bank supervision unit, with oversight responsibility for supervision of the twelve largest national banks, and as head of the OCC's problem bank unit. Most recently, she directed a comprehensive study that led to realignment of the agency's district structur followed by a study of the headquarters structure, which is now nearing completion. She is a gradua of Texas A&M University.
Mr. Hammaker joined the OCC in 1975, after graduating from Pennsylvania State University, and w commissioned as a National Bank Examiner in 1980. Over his 28-year career, he examined banks o all sizes prior to assuming leadership roles as a field manager in both Pittsburgh and Philadelphia, a as Examiner-In-Charge of Mellon Bank N.A. and PNC Bank N.A. He became Deputy Comptroller Compliance in 1998.
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