SACRAMENTO, Calif. — William Haraf, Ph.D., has been appointed Commissioner of Financial Institutions for the Business, Transportation and Housing Agency.

Haraf has served as an independent consultant with the Promontory Financial Group since 2005. He also has been a visiting professor of economics and finance for the Graduate School of Management at the University of California, Davis.

Previously from 1999 to 2003, Haraf was managing director at Bank of America Securities and from 1994 to 1999 was senior vice president of strategic policy development and planning for Bank of America.

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