Charlie Clark Tapped to Lead Washington Department of Financial Institutions

4/2/2019

Charlie Clark has been named the next Washington Director of the Department of Financial Institutions. Clark will proceed Gloria Papiez, who announced her retirement in January.

Washington Governor Jay Inslee has appointed Charlie Clark next Director of the Department of Financial Institutions. Clark will proceed Gloria Papiez, who announced her retirement in January.

“Charlie has extensive knowledge of DFI – its policies, people, and financial and legal frameworks,” Inslee said. “His work has already helped build DFI into one of the top financial education agencies in the nation, and I look forward to having him join my cabinet.”

During his 14 years with the DFI, Clark has served in a number of capacities, from enforcement chief and program manager, to director in the Consumer Services division. He was promoted as DFI’s Agency Deputy Director in 2016.

Clark continues to direct the Consumer Services division, where he oversees the regulation of residential mortgage lenders and servicers, mortgage brokers, escrow agents, consumer finance companies, payday lenders, and money transmitters.

Clark began his affiliation with DFI while working in the Office of the Attorney General, where he provided the agency with legal advice and representation. While in that role, he worked as an attorney team lead in the government compliance and enforcement division.

The Northwest Credit Union Association, as well as some individual credit unions, were engaged with the governor’s office throughout the search process, sharing credit union priorities and critically important qualifications and attributes for the next leader.

“We welcome the opportunity to work with Charlie, who already has a wealth of experience and knowledge,” said NWCUA President and CEO, Troy Stang. “And we deeply appreciate Gloria’s dedication during her time as Director.”

“In the coming months, we will work to connect credit unions leaders with Clark so that they may get to know him and build a dialogue.”

Under Papiez’s leadership, the agency implemented several significant projects that benefitted consumers and the financial services industry.

“Gloria’s years of service to this state have left an indelible mark on the financial services industry for the better,” Inslee said. “I am grateful for her service and leadership at DFI, as well as her long career in state government. I wish her the best in a well-deserved retirement.”

Prior to working in state government, Clark founded his own law firm in Issaquah and also practiced law in California.

Clark received his law degree from University of the Pacific in Sacramento, California. He received his master’s in business administration and a bachelor’s degree from California State University.

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