Governor Granholm Appoints Acting OFIS Commissioner

Contact: Elizabeth Boyd 517-335-6397

February 26, 2003

Governor Jennifer M. Granholm today named Ronald C. Jones as Acting Commissioner of the Office of Financial and Insurance Services (OFIS) following the recent resignation of Commissioner Frank M. Fitzgerald.

Jones was appointed OFIS Chief Deputy Commissioner in April 2000 and currently oversees the Office of Financial Evaluation. Previously, he served the Corporation, Securities and Land Development Bureau in several capacities. Jones, of Haslett, graduated cum laude from Thomas M. Cooley Law School and is an adjunct professor at the Detroit College of Law.

“Ronald has been a dedicated public servant for 17 years,” said Granholm. “His skill and knowledge of OFIS will ensure a smooth bridge between the prior commissioner and a new, permanent commissioner I will appoint soon.”

Governor Granholm will appoint a permanent OFIS commissioner in the upcoming weeks. “I look forward to naming a commissioner who shares the people’s priorities and who will balance consumer protection with fair industry regulation,” she said.