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FOR IMMEDIATE RELEASE
March 26, 2008

 

GOVERNOR BARBOUR REAPPOINTS ALLISON AS COMMISSIONER OF BANKING AND CONSUMER FINANCE DEPARTMENT

 

(JACKSON, Mississippi) — Governor Haley Barbour has reappointed John Allison, of Ridgeland, as commissioner of the Department of Banking and Consumer Finance, which supervises and regulates institutions, firms, and other entities that provide financial services to the state and its citizens.

 

“John has done an exceptional job as commissioner, working to ensure a high quality of supervision and regulation in this important area. I’m delighted he has agreed to continue his public service,” Governor Barbour said.

 

Allison has served as commissioner since 2000. He has worked at the Department of Banking and Consumer Finance since 1972, serving in various capacities, including deputy commissioner and acting commissioner (January 1996-August 1997). An active member of the Conference of State Bank Supervisors since the 1980s, Allison chaired the organization in 2005. He served as past chairman and member of the State Liaison Committee (SLC) of the Federal Financial Institutions Examiner Council. One of his last acts with the SLC was to create a document to help prepare financial institutions for catastrophic events, such as Hurricane Katrina.

 

Allison served for two years in the U.S. Army, where he completed a tour of duty in Vietnam and was awarded the Bronze Medal Star. A graduate of the University of Mississippi, Allison holds a bachelor of business administration degree. He and his wife, Jan, have two adult children.