LANSING, Mich. — Ken Ross, who has been serving since lastOctober as the acting Michigan regulator of credit unions and is aformer vice president of the Michigan Credit Union League, wasnamed last week to the permanent job by Gov. Jennifer Granholm.

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Ross, 40, joined the Office of Financial and Insurance Servicesin 2003 as chief of staff to former commissioner Linda Watters andlast year was promoted to deputy commissioner for policy.

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Ross, who joined the Michigan League staff in 2000 as regulatoryaffairs director and later become vice president of regulatory andlegal affairs, helped draft a CU reform bill later helping toimplement the measure when he joined the commissioner's office.

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Prior to taking the league job, he had been an assistant toformer Michigan attorney generals Frank Kelly and Granholm. He alsohad served as chief of staff for former State Rep. Agnes Dobronski,D-Dearborn.

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In a statement, David Adams, president/CEO of the league, said,“Ken is certainly no stranger to the MCUL and Michigan creditunions. And, to our knowledge, this is the first time that anindividual with a credit union background has ever served as thestate's chief regulator of financial institutions.”

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