Welcome to the California Department of Financial Institutions

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DFI Commissioner Bio and Photo

William Haraf
WILLIAM S. HARAF
Commissioner of Financial Institutions

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William S. Haraf was appointed Commissioner of Financial Institutions by Governor Arnold Schwarzenegger on March 10, 2008. He was sworn in by BTH Agency Secretary Dale E. Bonner on April 8, 2008.

For the prior three years, Haraf was a visiting professor of economics and finance for the Graduate School of Management, University of California, Davis, and he served as an independent consultant with the Promontory Financial Group. While with Promontory, he worked with financial institutions on corporate governance and corporate organizational design, compliance program design and implementation, anti-money laundering programs, senior management reviews, and strategic planning.

Haraf was managing director at Banc of America Securities from 1999 to 2003. From 1994 to 1999, he was senior vice president of strategic policy development and planning for Bank of America. Haraf served as director of policy analysis with Citicorp from 1989 to 1994. From 1985 to 1989, he was the J. Edward Lundy Scholar and director of the financial markets project at the American Enterprise Institute for Public Policy Research in Washington D.C.

From 1983 to 1985, Haraf was special assistant to the chairman and senior staff economist to President Ronald Reagan’s Council of Economic Advisors. Haraf was assistant professor of economics at Brown University from 1979 to 1983.

He is a past board member of the Bank Administration Institute and past chair of the institute’s strategic issues and regulatory affairs committees. Haraf has served as a consultant to the World Bank, the U.S. General Accounting Office, the Federal Deposit Insurance Corporation, and the congressional Office of Technology Assessment.

Haraf received his Ph.D. in economics from the University of Washington in Seattle in 1979.

Contact Information:
45 Fremont Street, Suite 1700,
San Francisco, CA 94105.
Tel: (415) 263-8507
Fax: (415) 288-8830