On May 20, the NYDFS released a statement announcing that Superintendent Benjamin Lawsky will depart in late June. Lawsky, who became the newly created agency’s first superintendent in May 2011, stated: “I am deeply proud of the work our team has done building this new agency and helping strengthen oversight of the financial markets. We have assembled a great team at NYDFS and I have full confidence that the critical work of this agency will continue seamlessly moving forward.”