Joseph M. Otting headshot

Joseph M. Otting

Chief Executive Officer, New York Community Bancorp, Inc.


Joseph M. Otting is the Managing Partner of Ocean Blvd LLC, Lake Blvd LLC and Gulf Blvd LLC and serves on the board of Black Knight, Blockchain.com, and the Global Board of Operation Hope. Previously Mr. Otting was the 31st Comptroller of the Currency of the United States and was sworn in November 27, 2017 and resigned his position on May 29, 2020  to return to private enterprise. The Comptroller of the Currency is the administrator of the federal banking system and chief executive officer of the Office of the Comptroller of the Currency (OCC). The Comptroller also served as a director of the Federal Deposit Insurance Corporation and was a member of the Financial Stability Oversight Council and the Federal Financial Institutions Examination Council.

Prior to becoming Comptroller of the Currency, Mr. Otting was an executive in the banking industry. He served as President of CIT Bank and Co-President of CIT Group. Was the President, Chief Executive Officer, and a member of the Board of Directors of OneWest Bank, N.A. Prior to joining OneWest Bank, he served as Vice Chairman of U.S. Bancorp, where he managed the Commercial Banking Group and served on the Bancorp's executive management committee. He also served as a member of U.S. Bank's main subsidiary banks' Board of Directors.From 1994 to 2001, Mr. Otting was with Union Bank of California, where he was
Executive Vice President and Group Head of Commercial Banking. Before joining Union Bank, he was with Bank of America and held positions in branch management, private banking, and commercial lending.  Mr. Otting has played significant roles in charitable and community development organizations. He has served as a board member for the California Chamber of Commerce, the Killebrew-Thompson Memorial foundation, the Associated Oregon Industries, the Oregon Business Council, the Portland Business Alliance, the Minnesota Chamber of Commerce, and Blue Cross Blue Shield of Oregon. He was also a member of the Financial Services Roundtable, the Los Angeles Chamber of Commerce, and the Board and Executive Committee of the Los Angeles Economic Development Corporation.  Mr. Otting holds a bachelor of arts in management from the University of Northern Iowa and is a graduate of the School of Credit and Financial Management, which was held at Dartmouth College in Hanover, New Hampshire.