Richard Hunt is preparing to step down as president and CEO of the Consumer Bankers Association.
Hunt, who has held the post since 2009, confirmed in a tweet Wednesday that he plans to retire next summer.
“When the board entrusted me with the job … in 2009, I set a goal of serving for 10 years, but I’ve loved being part of CBA so much, I stayed an extra three,” Hunt said in a separate tweet. “Now it’s time to look for a new leader to take the helm.”
Hunt said the CBA will form a search committee to find his successor.
The CBA at the time of Hunt’s appointment “was primarily known for weighing in on student lending, and the [government] had chased banks out of it,” Rob Blackwell, chief content officer at InterFi Network, said in his own tweet. Hunt “fought to make CBA influential on other policy issues.”