N.Y. Governor to Nominate Taylor for state Banking Superintendent Spot

ALBANY, N.Y. – Gov. George Pataki announced April 25 he plans to nominate Diana Taylor for Superintendent of the New York State Banking Department. Taylor would succeed Elizabeth McCaul who resigned in March after serving in the position since 1995, and interim Acting Superintendent Barbara Kent. Taylor currently serves as Pataki’s Deputy Secretary for Finance and Housing and is responsible for overseeing financial services-related regulatory agencies for the governor. Prior to that, she was responsible for overseeing all of the authorities in New York State. Taylor has served as the Chief Financial Officer for the Long Island Power Authority, as a vice president of KeySpan Energy, and has served in various capacities for Lehman Brothers, Donaldson Lufkin and Jenrette, and other investment banks. Taylor’s nomination will have to be confirmed by the state Senate.