Former Superintendent of the New York State Department of Financial Services (DFS), Maria T Vullo (pictured below), has joined the FinTech Innovation Lab New York as a Regulator-in-Residence.
FinTech Innovation helps early--and growth--stage enterprise tech companies accelerate product and business development through engagement with top financial services and venture capital executives. In her three years as superintendent of DFS, Ms. Vullo was responsible for the regulation and supervision of insurance and banking in New York. She prioritized cybersecurity, requiring New York banks and insurance companies to more thoroughly protect themselves and consumers, among other accomplishments.
At FinTech, during the 12-week program which launched April 3, she will provide strategic counseling and mentorship to participating enterprise tech companies as well as advise them how to consider regulators' priorities when collaborating with leading banking and insurance institutions. "Under Maria Vullo's leadership, New York State has been at the cutting edge of regulation, most notably with her landmark cybersecurity regulation that serves as a model for the nation," said Maria Gotsch, co-founder of the FinTech Innovation Lab New York and President and CEO of the Partnership Fund for New York City. "Her deep understanding of the regulatory landscape and mindset will be invaluable as this year's class works closely with senior executives from financial services to accelerate the adoption of new technologies."
David Treat, a managing director in Accenture's Financial Services practice and co-head of the Fintech Innovation Lab New York, said, "Having a clear line of sight on the regulatory considerations for fintech and other emerging technologies is critical for startups and established financial institutions alike."... Speaking of achievers...here are some insurance professionals who have made it over a high bar. The CAS Institute (iCAS), a subsidiary of the Casualty Actuarial Society (CAS)...