Governor Tate Reeves introduced Tuesday that Rhoshunda Kelly will head the Mississippi Division of Banking and Client Credit score. Previous to this appointment as Financial institution Commissioner, Ms Kelly served because the retired Interim Commissioner of the previous Commissioner and was appointed Performing Commissioner on July 1, 2020.

Reeves says, Ms. Kelly will proceed to serve the folks of Mississippi effectively in her capability as Commissioner of Banking Providers and Client Affairs. Her expertise and dedication to the Division might be an asset to the trade in addition to to the residents who use banking companies. with state charters and credit score unions throughout Mississippi. ”

Rhoshunda has practically 20 years of expertise as a banking regulator. She was appointed Deputy Commissioner in 2014 and was answerable for overseeing the banking, mortgage, client credit score, administration, authorized and IT divisions. On this capability, she additionally ensured efficient coordination between state and federal regulators and fostered engagement with regulated industries.

Kelly grew up in Reform, Mississippi. She started her profession as a banking examiner after incomes a enterprise diploma and a focus in banking and finance from Mississippi State College. She was a Area Examiner from 2001 to 2011. As a Area Examiner, she assessed the protection and soundness of Mississippi state chartered banks. In 2012, she turned an examiner and was promoted to Director of Banking Supervision in 2013.

“I’m honored and honored to be the subsequent Commissioner of the Ministry of Banking and Client Finance. I wish to thank Governor Reeves for this chance to serve the State of Mississippi. We’ve a vibrant monetary ecosystem made up of banks, credit score unions, mortgage firms, and client credit score industries. This monetary community touches each nook of the state. “

Kelly stated, “Mississippi is a nationwide chief in banking and finance. Our bankers and client credit score sectors are dedicated to serving their clients and selling financial progress of their communities. I stay up for constructing on the expansion and success of Mississippi’s monetary sector and enhancing the regulatory partnership with the trade. “

This appointment have to be confirmed by the Mississippi Senate.

Kelly is a graduate of the College of Banking at Louisiana State College, the place she is at present a college member. She can be an honorary graduate of the American Bankers Affiliation Graduate Belief College. Ms. Kelly is a Licensed Public Supervisor and Licensed Examination Supervisor. She was named a 2019 Finance Chief by the Mississippi Enterprise Journal.

Kelly is lively within the Convention of State Financial institution Supervisors (CSBS), serving on the board of administrators, in addition to a number of different organizing committees, together with the Southeast District Chairman of the state’s banking regulators.