Currently a Promontory Advisory Board vice chair. Served as managing director of Promontory Financial Group, Washington. Former United States Deputy Secretary of the Treasury, former member of the Federal Reserve Governor, and former Maryland Commissioner of Financial Regulation.
The American Banker newspaper described Promontory under Ludwig's leadership as "a go-to for banks seeking insight on regulatory matters from a stable of former officials from the Office of the Comptroller of the Currency, Federal Deposit Insurance Corp., Federal Reserve, Securities and Exchange Commission and other agencies." įormer government officials currently associated with Promontory include: The news media has sometimes referred to Promontory as a "shadow regulator" for Wall Street. Promontory Financial is affiliated with several similarly named companies: Īpproximately 170 of the consultants working for Promontory were former employees of authorities in financial supervision. Williams, Promontory's global head of strategy, and Leslie Peeler, chief operating officer. Ludwig retired as CEO on February 28, 2021, passing the reins to an operating committee co-chaired by Julie L. IBM announced its planned acquisition of Promontory in September 2016 and completed the transaction in November 2016. and has 18 additional offices and affiliates worldwide, in Atlanta, Beijing, Brussels, Denver, Dubai, Dublin, Hong Kong, Istanbul, London, Madrid, Milan, New York City, Paris, San Francisco, Singapore, Sydney, Tokyo, and Toronto. Moses, a partner in the law firm Covington & Burling LLP. The company was founded in 2001 by Eugene Ludwig, who served as Comptroller of the Currency under President Bill Clinton, and Alfred H.
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