Illinois bank regulator names director of banking

The Illinois Department of Financial and Professional Regulation named Susana Soriano director of banking. 

Appointed by Gov. JB Pritzker, a Democrat, Soriano previously served as the deputy director of banking after joining the department in October 2020. Her appointment is pending approval by the Illinois Senate. 

Pritzker credited Soriano for implementing Illinois’ Community Reinvestment Act and for the key role she had in implementing the Banking Development District Act, which encouraged the establishment of banking branches in parts of the state with the most underbanked and unbanked residents. 

Soriano has more than 15 years of experience in banking and financial services, including at JPMorgan Chase and as a senior loan program officer with Chicago Community Loan Fund. 

 “Susana brings both expertise and equity to all that she does — both inside and outside of IDFPR,” Pritzker noted. “A seasoned professional and passionate advocate for underserved communities, I have no doubt that Susana is the right person for this post.”  

Soriano has a bachelor’s degree from the University of Illinois at Chicago.