Otting served as the 31st Comptroller of the Currency from mid-2017 until mid-2020. He also served as acting director of the Federal Housing Finance Agency for six-months. Previously, he was president of CIT Bankand co-president of CIT Group. He was president, CEO and a director of OneWest Bank N.A., and was vice chair and head of the commercial banking group for U.S. Bancorp. Prior to his nomination, Mr. Otting had a long career in financial services working for a number of highly regarded regional banks. Most recently he served as managing partner of Ocean Blvd LLC and Lake Blvd LLC. Mr. Otting previously served as President and CEO of OneWest Bank N.A and Vice Chairman of U.S. Bancorp. Mr. Otting holds a B.A. from the University of Northern Iowa and is a graduate of the School of Credit and Financial Management at Dartmouth College.