The Florida Bankers Association (FBA) has named Kathy Kraninger, former Consumer Financial Protection Bureau (CFPB) director during the Trump administration, to replace Alex Sanchez as chief executive officer.
Kraninger will be the fourth CEO of the trade group, which was established in 1888 to advocate for Florida banks.
In a social media post, Sanchez said the FBA “will continue in their dedication in serving our industry by helping the FBA’s fourth CEO, Kathy Kraninger, and her efforts.”
During the Great Recession, when “75% of Florida’s banks were not making a profit and laying off employees, the banks still paid the FBA dues,” Sanchez details ⇒
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