NEW HAVEN: Howard Pitkin a former Connecticut banking commissioner was elected to the board of Continuity, a "leading provider of compliance management and regulatory technology."
CEO Michael Nicastro made the announcement saying, “Howard has been involved with and has managed many different facets of compliance over his 40-year career in banking oversight. This level of expertise along with his relationships with the 49 other state regulators as well as federal agencies will be integral to Continuity as we continue to build compliance solutions on our compliance platform for financial institutions.”
Mr. Pitkin, who served with the Connecticut Department of Banking for 40 years, was appointed in 2006 to Banking Commissioner by then Governor M. Jodi Rell and again in 2010 by Governor Dannel Malloy. Pitkin is a 1985 graduate of the ABA Stonier Graduate School of Banking at Rutgers University. Since his retirement as Banking Commissioner in January of 2015, Mr. Pitkin has been the American Saving Foundation Banking Fellow at Central Connecticut State University School of Business, an AA-CSB accredited school of business.
Pitkin said of his new appointment, “I’m very happy and excited to be joining the governance team at Continuity, knowing first-hand the challenges that financial institutions face every day. The ever-growing complexity of rules and regulations makes it crucial to have a platform such as Continuity’s to help simplify the burden.”
In addition to Mr. Nicastro, Mr. Pitkin joins Continuity board members Andy Greenawalt, Continuity Founder and Principal of Gnostic Ventures, Rik Vandevenne, Managing Director of River Cities Capital Funds, and Peter Longo, Senior Managing Director - Investments at Connecticut Innovations.