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First Extraordinary Session, 2011
HOUSE CONCURRENT RESOLUTI ON NO. 8
BY REPRESENTATIVE ARNOLD AND SENATOR SMI TH
A CONCURRENT RESOLUTI ON
To commend John P. Ducrest, commissioner of the Louisiana Office of Financial
Institutions, on being named chairman of the Conference of State Bank Supervisors.
WHEREAS, John P. Ducrest is currently serving as commissioner of the Louisiana
Office of Financial Institutions (OFI); and
WHEREAS, Commissioner Ducrest has been with the Louisiana Office of Financial
Institutions nearly twenty-six years; and
WHEREAS, from 1985 to 1994, he was a financial examiner, and his duties included
conducting safety and soundness examinations of financial institutions; and
WHEREAS, in 1994, Mr. Ducrest was named deputy chief examiner of OFI; and
WHEREAS, Mr. Ducrest, a native and resident of Broussard, Louisiana, was first
appointed commissioner of the Louisiana Office of Financial Institutions on June 8, 2004,
and reappointed by Governor Bobby Jindal on January 10, 2008; and
WHEREAS, as commissioner, John P. Ducrest manages oversight of various entities
that provide financial services to individuals and businesses in Louisiana, ranging from
depository institutions such as banks and credit unions, to non-depository providers such as
mortgage companies and mortgage brokers; and
WHEREAS, during Hurricane Katrina, Commissioner Ducrest earned high praise
for his tireless leadership in working with other state officials and the federal government
to ensure a functional financial system for the citizens of Louisiana; and
WHEREAS, Mr. Ducrest is a 1984 graduate of the University of Louisiana at
Lafayette, with a Bachelor of Science degree in business administration; and
WHEREAS, he is a 1994 graduate of the Graduate School of Banking at Louisiana
State University; and ENROLLEDHCR NO. 8
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WHEREAS, Commissioner Ducrest is a certified public accountant, a certified fraud
examiner, and a certified examinations manager; and
WHEREAS, the Conference of State Bank Supervisors (CSBS) is the nationwide
organization for state bank regulation, representing the bank regulators of the fifty states, the
District of Columbia, Guam, Puerto Rico, and the Virgin Islands; and
WHEREAS, the Conference of State Bank Supervisors has announced that
Commissioner Ducrest became chairman of the CSBS effective January 14, 2011; and
WHEREAS, Commissioner Ducrest has long been involved in the leadership of the
Conference of State Bank Supervisors; and
WHEREAS, prior to becoming chairman, Mr. Ducrest served as chairman-elect of
the Conference of State Bank Supervisors, a position he held since May 2010; and
WHEREAS, he was also vice chairman of the Conference of State Bank Supervisors
and chairman of the CSBS Legislative Committee.
THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
commend and congratulate John P. Ducrest, commissioner of the Louisiana Office of
Financial Institutions, on being named chairman of the Conference of State Bank
Supervisors, and does hereby extend to him every measure of success and happiness in his
future endeavors.
BE IT FURTHER RESOLVED that a suitable copy of this Resolution be transmitted
to John P. Ducrest, commissioner of the Louisiana Office of Financial Institutions.
SPEAKER OF THE HOUSE OF REPRESENTATI VES
PRESIDENT OF THE SENATE