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In this WIT session, we will be speaking to Commissioner Iris Ikeda of the State of Hawaii’s Division of Financial Institutions about modernizing her department using technology and positioning Hawaii in the forefront of financial innovation.

In December 2018, Governor David Ige re-appointed attorney Iris Ikeda as the State Commissioner of Financial Institutions. Ms. Ikeda has been the Commissioner since January 2011, first appointed by Governor Neil Abercrombie.

Commissioner Ikeda serves as a board member of the CSBS (Conference of State Bank Supervisors, the national organization of state bank commissioners), the chair of the CSBS State Coordinating Committee (which coordinates all multi-state exams with the Consumer Financial Protection Bureau (“CFPB”)), and member (former chairperson) of the CSBS Legislative Committee. Ms. Ikeda served as Chairperson of the Conference of State Bank Supervisors (“CSBS”) District V (twelve Western states) for five years and was a member of the CSBS Finance Committee.

Under Commissioner Ikeda’s leadership, the Division of Financial Institutions (“DFI”) became re-accredited by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators (“AARMR”) in 2018. Under Ms. Ikeda’s leadership, DFI first achieved accreditation in 2012 for banking supervision and 2015 for mortgage supervision. The CSBS accreditation program sets high standards for state banking regulators nationwide. Forty-two out of 52 states and territories meet CSBS accreditation requirements. In 2015, DFI was the eighteenth state in the nation to be accredited by the CSBS/AARMR for mortgage supervision. The CSBS/AARMR accreditation program sets high standards for state mortgage regulators nationwide.

Ms. Ikeda has a breadth of experience in banking as she has worked at a state-chartered depository financial services loan company (formerly known as an industrial savings bank), a state chartered denovo bank, and a national savings bank. Ms. Ikeda is a 2007 graduate of Pacific Coast Banking School and has an undergraduate degree from the University of Hawaii at Manoa, and a law degree from Willamette University College of Law.

Please register by Tuesday, December 14th at 5pm (HST). After registration closes, we will send a Zoom link to all registered participants. If you are unable to register, please contact Shane at info@sandboxhawaii.org to be added to the waitlist.

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