WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the elevation and renaming of its chartering and licensing function and the appointment of Stephen Lybarger as Senior Deputy Comptroller for Chartering, Organization and Structure. “The business of banking is innovating at a rapid pace. Elevating the OCC’s chartering and licensing activities to be managed by a Senior Deputy Comptroller reflects the strategic value of these functions to our agency and the federal banking system,” said Comptroller of the Currency Jonathan V. Gould. Mr. Lybarger will serve on the OCC’s Executive Committee and report to the Comptroller of the Currency. Mr. Lybarger most recently served as Deputy Comptroller for Licensing, assuming that role in 2010.