Richard Hunt to step down as CBA leader in 2022

Richard Hunt is preparing to step down as president and CEO of the Consumer Bankers Association.

Hunt, who has held the post since 2009, confirmed in a tweet Wednesday that he plans to retire next summer. 

"When the board entrusted me with the job … in 2009, I set a goal of serving for 10 years, but I’ve loved being part of CBA so much, I stayed an extra three,” Hunt said in a separate tweet. “Now it’s time to look for a new leader to take the helm.” 

Hunt said the CBA will form a search committee to find his successor. 

The CBA at the time of Hunt’s appointment “was primarily known for weighing in on student lending, and the [government] had chased banks out of it,” Rob Blackwell, chief content officer at InterFi Network, said in his own tweet. Hunt “fought to make CBA influential on other policy issues.”