CBA - Consumer Bankers Association

10/02/2023 | Press release | Distributed by Public on 10/02/2023 08:23

CBA Announces Kelvin Chen as New Senior Executive Vice President, Head of Policy

The Consumer Bankers Association (CBA) today announced that Kelvin Chen has joined the organization as Senior Executive Vice President, Head of Policy, a new position created to help CBA further drive its policy objectives on behalf of the organization's members.

In this new role, Kelvin will bridge and lead CBA's regulatory, legislative, and communications teams, as well as a new policy research function. In doing so, Kelvin will be working with:

  • David Pommerehn, Senior Vice President, General Counsel, Head of Regulatory Affairs;
  • Sam Whitfield, Senior Vice President, Head of Congressional Affairs;
  • Billy Rielly, Senior Vice President, Head of Public Affairs; and
  • James Mulholland, who has joined the organization as Vice President, Policy Analyst, a new position created to help CBA continue to bring quantitative and qualitative analysis to the critical issues and discussions facing the banking industry today.

Kelvin will serve on CBA's Executive Leadership Team and report to CBA President and CEO Lindsey Johnson.

Kelvin joins CBA from Barclays U.S. Consumer Bank, where he led its Regulatory Affairs function and was a member of the Consumer Bank's Executive Committee. Kelvin also has experience in senior positions in the government, including the Federal Reserve and the Consumer Financial Protection Bureau, and across the private sector.

Commenting on Kelvin's hire, CBA President and CEO Lindsey Johnson said:

"I'm incredibly pleased to announce that Kelvin Chen has joined CBA as Senior Executive Vice President, Head of Policy. Kelvin is widely known as one of the brightest minds in his field. Amidst so much legislative and regulatory action affecting America's leading banks, his deep connections and thought leadership will help to ensure CBA continues to successfully promote sound banking policy on behalf of our entire membership and the millions of consumers they serve."

Commenting on joining CBA, Kelvin said:

"Since the early days of the CFPB, I have long respected and appreciated the Consumer Bankers Association for its thoughtful, practical policy insights on behalf of America's retail banks. And in my time as a CBA member, I could always count on CBA to be nimble, nuanced, and relentlessly client-focused in helping my financial institution navigate and influence policy change. I'm really excited to now be joining such a premier organization. CBA has such an important and daunting mission - particularly given the tumultuous and varied areas of change banks must navigate in the current environment. I'm looking forward to joining the CBA team in its work to elevate the voices of the nation's retail banking industry and the consumers our members serve."

Both Kelvin and James' positions continue CBA's development as an organization to better serve its members through unique insights and successful advocacy efforts.

To learn more about the CBA team, click HERE.

Kelvin Chen has joined CBA from Barclays U.S. Consumer Bank, where he led its Regulatory Affairs function and was a member of the Consumer Bank's Executive Committee.

Prior to his time with Barclays, Kelvin led Capital One's Bank Regulatory and Policy team, as an executive in their Legal Department. Kelvin was responsible for Capital One's policy advocacy portfolio and acted as Capital One's subject matter expert on a range of legal and policy issues, such as antitrust and interchange. Kelvin also led the LGBTQ+ pillar for the Capital One Legal Department's diversity, inclusion, and belonging organization.

In his time in government, Kelvin created and led the Federal Reserve Board's Innovation Policy team in the Division of Supervision & Regulation. There, he set out the agency's initial frameworks on a range of technology policy matters, including the use of artificial intelligence in supervised institutions, data aggregation, and stablecoins. Kelvin previously led policy development at the Consumer Financial Protection Bureau for emerging payments and, separately, mandatory arbitration provisions. In prior roles, Kelvin advised agency principals at the Federal Trade Commission on consumer protection-related policy and enforcement matters and was a litigator in the New York offices of Morrison & Foerster LLP and Cadwalader, Wickersham & Taft LLP.

Kelvin studied Systems Engineering and Mathematics at the University of Pennsylvania ('00) and attended New York University School of Law ('04). He is an Advisory Group member of the Digital Dollar Project and was previously affiliated with the Princeton Center for Information Technology Policy.

Kelvin and his wife Kasey have two children, Avery and Miles. According to Kelvin, he and his children are enthusiastic novices at all things gaming, cooking, fitness, and music.