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SACRAMENTO – Department of Financial Institutions Commissioner Donald R. Meyer today announced the appointment of Margaret (“Meg”) Svoboda as Legislative Deputy Commissioner for the Department of Financial Institutions (DFI).

Meg Svoboda, of Sacramento, was appointed Legislative Deputy Commissioner effective June 11, 2001.

Ms. Svoboda has extensive legislative experience and her most recent position was as a consultant with the California Assembly Committee on Banking and Finance. She formerly served as a fiscal and policy analyst with the Legislative Analyst’s Office focusing on business development and regulation. Through these positions, she had responsibility for analyzing the Department’s programs and budget as well as various legislative issues.

She is an honors graduate of DePauw University and has a master’s degree in Public Administration from Columbia University. Additionally, Ms. Svoboda was in the Peace Corps in Africa.

Ms. Svoboda will be located in the Sacramento Office at (916) 322-5966.

The Department of Financial Institutions is responsible for regulating the safety and soundness of California’s state-chartered financial institutions, including state-licensed banks, state-licensed savings and loans, trust companies, state-licensed offices of foreign banks, issuers of travelers checks and payment instruments (money orders), transmitters of money abroad, state-licensed credit unions, and state-licensed industrial banks. DFI reports to Secretary Maria Contreras-Sweet of the Business, Transportation and Housing Agency and Governor Gray Davis.