Drew Breakspear Appointed Florida Office of Financial Regulation Commissioner

Oct 15 - The Florida Financial Services Commission has appointed Drew Breakspear commissioner of the Florida Office of Financial Regulation.

Breakspear has more than 40 years of experience in the international banking industry and management consulting. He specializes in auditing, risk management and finance. Most recently, Breakspear served as executive vice president and general auditor at State Street Corporation. He previously worked as senior vice president at First Nationwide Bank in San Francisco.

“I am honored and humbled to have been appointed by the Governor and Cabinet and I look forward to serving Florida in this new capacity,” Breakspear said in an OFR press release. “My goal is to continue promoting a stronger, healthier financial industry, combating fraud, and showcasing the exceptional work at this agency.”

Breakspear will assume the role of OFR commissioner Nov. 5, replacing Tom Grady who served as commissioner from August 2011 to March 2012. Grady stepped down to become interim president of Citizens Property Insurance Corp. Linda B. Charity has served as interim commissioner since that time.

Breakspear received his MBA from Harvard University and his undergraduate degree from the University of Witwatersrand in Johannesburg, South Africa.