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CFPB Names Inclusion Chief

cfpb_ftcThe Consumer Financial Protection Bureau (CFPB) announced the selection of Stuart Ishimaru to head the newly established Office of Minority and Women Inclusion (OMWI), which will work to promote diversity at the CFPB and at the financial institutions it regulates.

Ishimaru has spent much of his professional life working to foster greater diversity in workplaces. His experience includes leading the U.S. Equal Employment Opportunity Commission, and serving in senior positions in the Civil Rights Division at the Department of Justice, and the Commission on Civil Rights. His work was often geared toward creating policies to foster diversity in the workplace and creating opportunities for women and minorities in contracting jobs.

Ishimaru comes to the CFPB from the Equal Employment Opportunity Commission, where he was Commissioner. President George W. Bush nominated Ishimaru, on the recommendation of Sen. Tom Daschle, to be one of the five members of the Commission in 2003.

President Barack Obama named Ishimaru Acting Chairman of the Commission in January 2009 – a role he held until April 2010. Created by the Civil Rights Act of 1964, the Commission is responsible for enforcing federal laws prohibiting employment discrimination based on race, color, religion, sex, national origin, age, disability and genetic information. As Acting Chairman of the Equal Opportunity Commission, Ishimaru led an agency of 2,300 employees and a budget of $367 million.