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The American Association of Bank Directors (AABD) today announced the appointment of Liana Prieto to its Board of Advisors. Ms. Prieto is Executive Vice President and General Counsel of Luther Burbank Savings, Santa Rosa, California and previously served as Counsel to BuckleySandler and as a trial attorney for the Comptroller of the Currency.

“Liana brings to AABD a wealth of practical experience and expertise in bank regulatory, compliance, BSA, Fair Lending, and strategic matters from a variety of perspectives,” David Baris, President of AABD, said.

“Liana has a broad background in issues affecting bank directors and CEOs,” said Rich Whiting, AABD’s Executive Director.  “Her knowledge base and insight will hugely benefit our membership, which faces substantial regulatory and strategic challenges.”

Ms. Prieto will also serve on the new General Counsel and Corporate Secretary Committee, designed to provide support for in house bank General Counsel in their efforts to fulfill the needs of bank boards to meet their obligations.

“I am delighted to be involved with the American Association of Bank Directors,” Prieto said.  “It is the only trade association in the United States that consistently speaks out for the interests of bank directors and offers the nationally recognized AABD Bank Director Certification Program that assists bank directors to access and participate in a formal training process.”

Founded in 1989, the non-profit American Association of Bank Directors is the only trade group in the United States solely devoted to bank directors and their information, education, and advocacy needs.  The Institute for Bank Director Education was established in 1993 as the educational arm of AABD.  Its purpose is to act as a clearinghouse for education programs designed for bank and savings institution directors that support the nationally recognized AABD Director Certification Program.  AABD has published, among other publications, the “The Bank Director Regulatory Burden Report”, the first public compilation of over 800 laws, regulations and federal banking agency guidance that impose various requirements on bank directors and their boards and board committees, and “FDIC Director Suits: Lessons Learned”.

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