Ross to Replace Watters in Michigan
LANSING, Mich. -- A former Michigan Credit Union League staffer has been named acting commissioner of the Michigan Office of Financial and Insurance Services.
Governor Jennifer M. Granholm announced Oct. 12 that Linda A. Watters is stepping down as commissioner effective the end of October and Ken Ross has been named acting commissioner.
"Linda Watters has served our state with distinction," Granholm said. "She has been a tireless advocate for consumers while at the same time strengthening the financial services industry in Michigan." Over her four-and-a-half year tenure, she worked to eliminate predatory lending and fought for the Michigan Credit Union Act. Watters will be joining the financial risk management practice of KPMG LLP in Chicago.
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