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His resignation becomes effectiveJuly 3. Dinallok has been superintendent ofthe state’s Insuranced Department since 2007. Gov. David Paterson said Dinallo has been a stalwart advocate for New a trusted adviser to me and my administratioj and a committedpublic servant.” The governod said he and Dinallo worked closely with the U.S. Treasuru Department, the Federal Reserve Bank of New York and otherd in the rescue of financia l servicesgiant .
“Under Superintendent Dinallo’s leadership, the department effectuateed the largest regulatory settlement in the played an integral part in the reform of the compensation system and facilitatedf morethan $15 billion in new capitalk for the bond insurance industry,” Paterson said. Dinallo will become the Henrt Kaufman Visiting Professor of Finance at NewYork University’sx Stern School of Business. Dinallo receivefd his law degree at NYU and served as Law Reviea andEssay editor.
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