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Press Release

ABA Names New Executive Director of Card Policy Council

WASHINGTON —

Dan Smith has been named senior vice president and executive director of the American Bankers Association’s Card Policy Council, the leading voice on legislative, regulatory and communications issues facing credit card issuers and payment card networks. Smith comes to ABA from the Consumer Financial Protection Bureau, where he has been serving as the first assistant director for the Bureau's Office of Financial Institutions and Business Liaison which he has built and managed since 2013. He will play a leadership role on card and payments system issues, advocating on behalf of ABA members engaged in this critical and dynamic segment of the industry. He will join ABA on June 10.

“Dan’s extensive experience in both the public and private sectors, proven track record for building consensus and knack for developing unique policy solutions will be essential as ABA works to ensure card issuers can continue to meet their customers’ evolving needs and preferences,” said Jess Sharp, ABA’s executive vice president of advocacy and innovation. “His background in financial services as well as consumer protection make him a natural fit for this critically important role.”

“It has been an honor and a privilege to work for the CFPB over the past six years on important consumer protection issues, and I’m proud of what we have accomplished at the Bureau over that time,” said Smith. “I am excited to be joining ABA to help with card and payment issues during this exciting and rapidly evolving time in the industry.”

At the CFPB, Smith was responsible for the development and implementation of the Bureau’s strategy to ensure coordination, communication and cross divisional exchange of information to facilitate industry stakeholder perspective on public policy issues affecting the financial services sector within the CFPB’s jurisdiction. Prior to his time at the CFPB, Smith served as director for industry and state relations at Freddie Mac, where he was responsible for legislative, regulatory and industry issues in all 50 states. Before working at Freddie Mac, Smith represented Fortune 500 companies as vice president at Dehart and Darr Associates for 15 years.

A native of New Jersey, Smith holds a Master’s in Business Administration and a B.A. in Political Science from Mount Saint Mary’s University. He currently lives in Virginia with his wife and daughter.

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $18 trillion banking industry, which is composed of small, regional and large banks. Together, America’s banks employ more than 2 million men and women, safeguard nearly $14 trillion in deposits and extend more than $10 trillion in loans.

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