The former top U.S. commercial bank regulator under the Clinton and Bush administrations has joined the board of M&T Bank Corp.
John D. "Jerry" Hawke Jr. was elected as a director of the corporate and bank subsidiary boards as of June 8, the company announced Wednesday.
Hawke is currently a partner and former chairman at Washington-based Arnold & Porter LLP, one of the nation's most prestigious law firms, where he established a leading financial services legal practice. But most of his career has been spent in public sector financial regulation.
Until his retirement in 2004, he served for six years as comptroller of the currency, overseeing the U.S. Treasury Department agency charged with supervising the country's national banks. In that role, he was also a member of the board of directors of the Federal Deposit Insurance Corp., which both insures bank deposits and regulates institutions.
He has also served as undersecretary of the Treasury for domestic finance and as general counsel to the Board of Governors of the Federal Reserve System.
"We are pleased to welcome Jerry as a member of our board," M&T Chairman and CEO Robert G. Wilmers said in a release. "He brings a wealth of experience in financial institutions and risk management practices that will inform our discussions. Jerry will assist us in continuing the prudent risk management philosophy that has been a vital factor in our long history of strength and stability."