Wednesday, July 7, 2021

North Carolina banking commissioner retires

Ray Grace has retired as North Carolina’s commissioner of banks.

Gov. Roy Cooper announced in a recent press release that he had appointed Katherine M.R. Bosken to serve as interim commissioner, pending approval from the state’s General Assembly.

Bosken, who joined the North Carolina Office of the Commissioner of Banks in 2013, previously served as an associate at Gebhardt & Smith in Baltimore.

Grace had been in charge of banking oversight in North Carolina since 2013. He joined the agency in 1974 as an examiner trainee.

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