John Ryan, steadfast advocate of the state financial system, died unexpectedly this week in Washington, D.C. |
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What we have once enjoyed deeply we can never lose. All that we love deeply becomes a part of us. - Hellen Keller |
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| It is with great sadness that we announce that John W. Ryan, President and Chief Executive Officer of CSBS, died unexpectedly late yesterday in Washington, D.C. “On behalf of the CSBS Board of Directors, executive team, staff and membership, we extend our deepest sympathies to John’s family and everyone who knew and worked with John over his more than 30-year |
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career. John was an inspirational and humble leader who brought incredible dedication, intellect and passion to CSBS, the state regulatory system and financial services more broadly,” said Melanie Hall, Chair of the CSBS Board of Directors.
The CSBS Board of Directors has named James Cooper, EVP of Policy and Supervision, as the acting CEO of CSBS. |
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We are profoundly saddened by the loss of our leader and friend, CSBS President and CEO John W. Ryan, who died unexpectedly of natural causes on May 16.
John was a steadfast advocate of the state financial system who combined tenacity with grace and wit with wisdom. John was an admired thought leader in Washington and revered by state financial commissioners across the nation. He had a brilliant mind and had a breadth of knowledge that surpassed most on the subject of the dual banking system. For those of us at CSBS, John was an inspirational leader and a friend. He was genuine, generous and supportive. Under his leadership, CSBS became an official Great Place to Work, and unofficially a warm and welcoming home to CSBS staff. John cultivated a culture of kindness, respect and inclusion. |
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We all have stories about how he touched each of us at CSBS in a meaningful way. We will never forget the humbleness of our CEO, who would wash dishes if he saw them left in the office kitchen, who warmly greeted all levels of staff and knew everyone's name, who attended baby showers and our life events and who encouraged our careers, even while he was meeting with financial leaders and members of Congress over important policy issues. We know that the financial services has lost an outstanding visionary. We also know that we are missing our leader and friend. We will carry on with his mission to advance the state system, with John forever in our hearts. |
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Since John's passing, there has been an outpouring of love and support across the financial services industry. Below is a collection of public statements from individuals and organizations directly impacted by John's brilliance, kindness and dedication. |
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Ryan played a critical role in representing states’ interests in some of the most important banking policy debates of recent decades including the Gramm-Leach-Bliley Act, Dodd-Frank Act, and Safe Act that for the first time allowed states to create a uniform system for licensing and oversight of the mortgage industry.
Smart, analytical and a visionary thinker, Ryan championed two distinct causes: the preservation of the state banking system as a check on federal power, and the role of state regulators in protecting consumers while creating a healthy local economic environment for banks and nonbanks alike.
Ryan fought successfully for state regulators to have a seat at the federal table including on the Federal Financial Institutions Examination Council and the Financial Stability Oversight Council. |
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Under Ryan’s leadership, CSBS was instrumental in defining the rules of the road for nonbank mortgage lenders and servicers, as their share of the mortgage market grew during the years following the Great Recession.
“John did his job with great ability,” said Olson, and “extended an open door to all of those like our members that are impacted by the work CSBS does.”
Bob Broeksmit, CEO of the Mortgage Bankers Association, said the trade group worked closely with John on issues affecting banks and non-banks. Broeksmit described Ryan as “a warm, honest broker who always had the best interest of his members and consumers at heart.”
“We will miss his leadership and friendship and extend our condolences to his family, friends, and colleagues at CSBS,” Broeksmit said. |
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State & Federal Regulators
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It is with heavy hearts that the Community Banking Research Conference (CBRC) committee shares the news of the passing of Conference of State Bank Supervisors president and CEO John Ryan. Since the launch of the conference in 2013, John has been the driving force behind the work of the conference committee, providing a clear vision that robust discussion and debate between researchers, bankers and state and federal regulators, will lead to stronger research and ultimately better supervisory and regulatory policy.
“John was a visionary and thought leader on the dual banking system in the US,” said Jim Fuchs, vice president, Federal Reserve Bank of St. Louis, and chair of the Community Banking Research Conference planning committee. “After the 2008/2009 financial crisis, John saw a need to identify and promote academic research on community banking. His efforts, and those of his colleagues working closely with the Federal Reserve and the Federal Deposit Insurance Corporation, are the reason we’ve continued to present groundbreaking research on community banks for the past nine years. We will miss our friend and colleague, John, but look forward to continuing to support his vision in the years ahead.”
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"For more than a decade, John led the CSBS with skill and vision. He was a close friend and trusted partner in our shared mission to ensure the safety and soundness of the banking system. We extend our deepest condolences to the CSBS workforce, to members of the State Bank regulatory community, and to the family and friends of John at this very difficult time." |
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Federal Reserve Bank of Kansas City |
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"IDFPR extends its condolences to the family of John W. Ryan, President and CEO of the Conference of State Bank Supervisors. John’s leadership at the national organization of state bank regulators ensured strong guidelines are in place to protect consumers across the country and quality services and products are provided. Our thoughts are with John's family, friends, and the CSBS team during this difficult time."
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National Credit Union Administration Chairman Todd M. Harper issued the following statement on the passing of John Ryan, President and CEO of the Conference of State Bank Supervisors (CSBS), late yesterday evening.
“I’ve known John for decades and benefited greatly from his insights and advice. As President and CEO of CSBS, he led the organization with humility, humor, and integrity. The world of banking supervisors lost a real advocate, true friend, and outstanding leader. My heart goes out to his family and colleagues.” |
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"Today we learned the heartbreaking news of the passing of our friend, Conference of State Bank Supervisors (CSBS) President and CEO John Ryan. John was an inspiring and impassioned leader, a visionary thinker, a consummate professional, and a true friend. The entire NASCUS community, our leadership, members, and staff, join in extending our deepest sympathies to John’s family and our friends at CSBS. We miss John already." |
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New York State Department of Financial Services |
"The team at DFS was deeply saddened to hear of the passing of John W. Ryan, President and CEO of the Conference of State Bank Supervisors (CSBS), earlier this week. His passion and vision in leading the CSBS was valued by all and will be missed. He was a strong advocate for preserving the dual banking system and maintaining the critical role of states in financial regulation and supervision. We extend our condolences to his family, the entire CSBS team, our fellow regulators, and all his friends during this difficult time."
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Acting Comptroller of the Currency Michael J. Hsu issued the following statement on the passing of John W. Ryan, President and CEO of the Conference of State Bank Supervisors (CSBS).
"I was deeply saddened to hear of the death of John W. Ryan, President and CEO of the Conference of State Bank Supervisors. Throughout his long career in banking and financial services, John demonstrated unparalleled dedication to his work. His steadfast support for state regulators and his commitment to strong state financial supervision was a tremendous asset to state banks and their consumers and communities across the nation. "I had the honor of working with John and enjoyed our lively conversations. I also appreciated his openness to exploring ways for the OCC and CSBS to collaborate to raise the bar on bank regulation to benefit the nation’s financial system. "John’s steady leadership will be greatly missed. On behalf of the OCC, I extend my heartfelt condolences to John’s family, friends, colleagues and constituents across the country. |
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Texas Department of Banking |
"I am deeply saddened to inform you of the unexpected death of John W. Ryan, President and CEO of the Conference of the State Bank Supervisors. John was a colleague, friend, avid proponent of the state banking system, and a strong supporter of community banks. He will be missed." |
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More State & Federal Regulators |
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Industry, Education & Trade Associations |
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“Our hearts are broken upon learning of the passing of John Ryan. As president and CEO of the Conference of State Bank Supervisors, John was a thoughtful and collaborative leader who understood the important role the banking sector plays in our economy and was a respected partner to both state and federal stakeholders. We will miss his visionary leadership, warmth and friendship.” |
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“As the longtime leader of the organization representing the state regulators who supervise the vast majority of our consumer finance member companies, John was a highly respected and trusted colleague who understood the important role our members played in the lives of consumers and the important role regulators play in our industry,” said Bill Himpler, President and CEO of AFSA. “We extend our condolences to his CSBS colleagues, and especially John’s family.”
“John was one of my favorite people to work with on state regulatory and policy issues,” said AFSA Senior Vice President Danielle Fagre Arlowe. “To my mind he is irreplaceable, and I extend my condolences to all of the state regulators who benefited from John’s deep experience and leadership.” |
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“ICBA and the nation’s community bankers are shocked and saddened by the passing of John Ryan. John was a friend to ICBA and community banks, a respected leader at the Conference of State Bank Supervisors, and an asset to the nation’s banking and regulatory system. We will miss him greatly and send our deep condolences to John’s family and his CSBS colleagues.” |
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"MBA and its members are shocked and saddened to learn of John’s sudden passing. We worked closely with John on a variety of issues that impact banks and non-banks alike, and we found him to be a warm, honest broker who always had the best interest of his members and consumers at heart. We will miss his leadership and friendship and extend our condolences to his family, friends, and colleagues at CSBS.” |
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"John was kind, intelligent, and a fierce defender of the dual banking system - everything a banker could want in an advocate in DC. Prayers for his family and everyone at CSBS." |
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