Richard H. Neiman
Richard H. Neiman | |
|---|---|
| Born | 1951 |
| Occupation(s) | Attorney, financial advisor |
| Known for | 43rd Superintendent of Banks in New York |
Richard H. Neiman (born 1951) is an American attorney and financial advisor who held the position of the 43rd Superintendent of Banks in New York, managing the operations of the New York State Banking Department.
Education
Neiman completed his undergraduate studies at American University in 1972, followed by obtaining a juris doctor degree from Emory University School of Law in 1975.
Career
Neiman’s career commenced at the Office of the Comptroller of the Currency in Washington, D.C., where he served as Special Assistant to the Chief Counsel. He subsequently dedicated a decade to Citigroup, occupying various legal and regulatory positions, including General Counsel for its Global Equities Group. Afterward, he returned to Washington to take on the role of Director of Regulatory Advisory Services at Price Waterhouse. In 1994, he became Executive Vice President and General Counsel at TD Waterhouse, a worldwide online financial services company, a role he maintained until its 2006 merger with TD Ameritrade.
On November 14, 2008, House Speaker Nancy Pelosi appointed Neiman to the five-member Congressional Oversight Panel, which was responsible for supervising the execution of the Emergency Economic Stabilization Act of 2008.
In October 2010, Neiman joined an Executive Committee that coordinated efforts among 50 state Attorneys General and 39 state banking regulators to investigate fraudulent mortgage servicing documentation. He was also an active member of the State Foreclosure Prevention Working Group, a multi-state initiative established in 2007 aimed at curbing unnecessary foreclosures by encouraging loan modifications and sustainable remedies.
Prior to his tenure at the New York State Banking Department, Neiman served as President and CEO of TD Bank, N.A., a subsidiary of Toronto-Dominion Bank. Governor Eliot Spitzer appointed him Superintendent of Banks, succeeding Diana Taylor. His regulatory authority was broadened through legislation passed in 2008 and 2009 to cover mortgage lending and servicing activities.
Neiman departed from the Banking Department in 2011 to assume the role of vice chairman for financial services regulatory practice at PricewaterhouseCoopers.
He leads the Foreign Bank Regulatory Committee under the Conference of State Bank Supervisors and chairs New York State’s HALT (Halt Abusive Lending Transactions) Task Force, which addresses issues related to housing and foreclosure. Neiman has provided testimony before Congress on multiple occasions concerning foreclosure mitigation strategies.
Additionally, he holds positions on the Board of Directors and serves as Vice President of the Henry Street Settlement, a prominent social services organization in New York. He is also a board member of the Harlem Educational Activities Fund, which focuses on mentoring and college preparation programs in Harlem and Washington Heights.
Neiman was honored with the Foreign Policy Association Medal for Public Service in 2010 and received the Distinguished Public Services Award from the Rockefeller College of Public Affairs & Policy in 2009.
Further reading
- Paterson, David Black, Blind, & In Charge: A Story of Visionary Leadership and Overcoming Adversity. New York, 2020