WASHINGTON, D.C. — American Investment Council President and CEO Drew Maloney has been appointed by Washington D.C. Mayor Muriel Bowser to serve on the Financial Services Regulatory Sandbox and Innovation Council. Maloney joins 18 leaders from the insurance, banking, technology and consumer advocacy sectors. The initiative will help D.C. study the feasibility of implementing a regulatory sandbox to test innovative new financial products, services, business models and delivery methods without incurring the normal regulatory process.
- “I’m honored that Mayor Bowser’s administration has asked me to serve on this crucial council working on behalf of the citizens of Washington D.C.,” said AIC President and CEO Drew Maloney. “I am thrilled to work with a diverse group of stakeholders as we review innovative financial services and blockchain tools.”
The Council recently held its first meeting and Maloney will serve until November 1, 2022.
Read more about the DC Financial Services Regulatory Sandbox and Innovation Council