Mark Kaufman
Commissioner of Financial Regulation

Mark Kaufman was nominated Commissioner of Financial Regulation by Governor Martin O'Malley on September 30, 2010. Previously, Mr. Kaufman served as Deputy Commissioner from April 2008 to September 2010. As Commissioner, Mr. Kaufman is responsible for the Division and its supervision of approximately 60 banks, trust companies and credit unions, the licensing and regulation of over 8000 individuals and companies engaged in mortgage origination and servicing, as well as a variety of other consumer finance enterprises including check cashers, money transmitters and collection agencies.

Commissioner Kaufman serves as Chairman of the Regulatory Committee of the Conference of State Bank Supervisors and as a member of the group’s Board of Directors.

He also serves on the Monitoring Committee for the $25 billion nationwide mortgage servicing settlement. He is the only bank regulator serving on the Monitoring Committee with Attorneys General from around the nation. Mr. Kaufman previously served on the Executive Committee of the multi-state investigation by Attorneys General from all 50 states and 37 bank regulatory agencies which preceded the settlement.

Mr. Kaufman brings over fifteen years of banking and financial services experience to his position. Mr. Kaufman was a Managing Director in Investment Banking with CIBC World Markets in Baltimore and co-head of the firm's Business Services practice. Previously, he was a Principal in the Investment Banking Division of Alex. Brown & Sons/Deutsche Bank and earlier served as an Associate in the Treasury at JP Morgan. Mr. Kaufman also served on the staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs from 1992 to 1994.

Mr. Kaufman holds MBA and MPA degrees from Columbia University and a BA from Brown University, magna cum laude. He is a member of the Board of Directors of the Enoch Pratt Free Library, serving as Treasurer since 2011, and of the Jacob K. Javits Foundation.