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Braswell Appointed Commissioner of Department of Banking and Finance

Friday, November 4, 2005  Contact: Office of Communications 404-651-7774

 

ATLANTA – Governor Sonny Perdue announced today the appointment of Robert Braswell as commissioner of the Georgia Department of Banking and Finance (DBF). 

“The Department of Banking and Finance promotes a safe and competitive financial market in the state of Georgia ,” said Governor Sonny Perdue.  “I appreciate the leadership that David Sorrell has provided this department, and I'm pleased to welcome Rob Braswell as the new commissioner.”

DBF regulates and examines banks, credit unions and trust companies which are chartered by the state. The department also has regulatory and/or licensing authority over mortgage brokers and lenders, check cashers, sale of check companies, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia .

Braswell, 43, has been the deputy commissioner for mortgage for DBF since August 2003.  He has spent his entire professional career with the department.  Braswell previously served as district director and supervisory examiner for the Northwest region and held several financial examiner positions.  He received his bachelor's degree in business administration, with a concentration in finance, from Georgia Southern College.  Braswell and his wife, Amy, reside in Marietta with their two children.

David Sorrell announced his retirement as DBF commissioner effective December 1, 2005 after more than 34 years of service with the department.  George Reynolds will continue to serve as senior deputy commissioner.  He has more than 27 years of regulatory experience with the department.