Effective today, the New York Department of Financial Services (‘DFS”) is headed by Acting Superintendent Shirin Emami. Ms. Emami, a Columbia Law School graduate, replaces Linda Lacewell.  The new Governor, Kathy Hochul, will appoint a permanent Superintendent.  The appointment is subject to Senate confirmation.

Emami has been with the agency for 7 ½ years; her most recent position was Executive Deputy Superintendent – Banking Division. Prior to joining the DFS, Emami held positions in several banks in their respective legal departments.

The DFS was formed in 2011 by merger of the States’ Insurance and Banking Departments.

Photo of Stephen Kelly Stephen Kelly

Stephen Kelly focuses his practice on construction and development, including contract drafting and negotiating and construction-related litigation. Steve, Of Counsel in the Stoel Rives’ Construction and Design group, has represented private and public owners, developers, contractors and designers in many facets of development…

Stephen Kelly focuses his practice on construction and development, including contract drafting and negotiating and construction-related litigation. Steve, Of Counsel in the Stoel Rives’ Construction and Design group, has represented private and public owners, developers, contractors and designers in many facets of development and construction law. He has been listed in Best Lawyers in America® in the practice area of Native American Law from 2012 to 2015 and was selected by Best Lawyers® as Portland Native American Law Lawyer of the Year for 2013.