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DCBS announces new administrator of Division of Financial Regulation

December 15, 2017

The Department of Consumer and Business Services has hired Andrew Stolfi as the administrator of the Division of Financial Regulation.

Stolfi’s first day at DCBS will be Feb. 1.

Stolfi is currently the chief operating officer and chief counsel at the International Association of Insurance Supervisors (IAIS) in Basel, Switzerland. In these roles, he is responsible for leading and managing the operations, legal, communication, finance, risk management, and human resources functions of the association. He is also an advisor to the IAIS Executive Committee and helps lead strategic planning and stakeholder engagement activities.

Stolfi replaces Laura Cali, who is now the chief financial officer at the Oregon Health Authority.

“We are pleased that Andrew is coming to DCBS,” said DCBS Acting Director Jean Straight. “His passion for consumer protection, leadership, and experience with state and international regulation perfectly aligns with the values and mission of DCBS and the Division of Financial Regulation.”

Before joining the IAIS in 2012, Stolfi served in various senior management roles at the Illinois Department of Insurance, including acting director, chief of staff, and special counsel for policy and legislative affairs.

He received a Bachelor of Science degree from the University of Vermont and a law degree from Chicago-Kent College of Law.

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