The US Department of Housing and Urban Development announced that Doug Criscitello was sworn in today as the Chief Financial Officer at the agency.
Criscitello is responsible for overseeing the financial management practices that ensure the U.S. Department of Housing and Urban Development meets the needs of the housing community.
His duties include preparing and accounting for HUD’s budget, strategic and budget planning, and establishing and maintaining financial systems which process millions of transactions annually to support HUD projects said a statement.
“Doug is very well known and highly-respected for his government service and his work in the banking and financial services sector, and we are very happy to welcome him to the Department,” said HUD Secretary Shaun Donovan. “He brings a broad base of experience to the table, and we have no doubt our Agency and those we serve will benefit greatly from his insights and his expertise in a wide range of financial topics.”
“I am excited about being part of the talented and innovative team at HUD is working to address the significant housing and community development challenges of our Nation,” said Criscitello. “I want to help optimize HUD’s budget while also building trust by enhancing official and public understanding of our expenditures.”
Criscitello previously worked at PricewaterhouseCoopers (PWC) where he was assisting the firm in the establishment of a public sector financial services practice. Prior to joining PWC, Criscitello was an Executive Director at JPMorgan Securities, Inc. where he provided operational, investment banking, and financial advisory services to U.S. government agencies. Before JPMorgan, he worked extensively with U.S. credit agencies in roles at the Small Business Administration, Office of Management and Budget, and Congressional Budget Office.
The Johnson City, New York native was confirmed by the U.S. Senate on February 11, 2010.