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    Commissioner Announces Personnel Change in the Bank Division

    Tuesday, April 23, 2024 | 10:26am

    NASHVILLE, Tenn. – Today, Greg Gonzales, Commissioner of the Tennessee Department of Financial Institutions (the Department), announced two personnel changes. Tod Trulove is retiring at the end of April after 33 years of service to the Department. He has served the last 20 years as Assistant Commissioner of the Bank Division. Trulove began his career as an examiner in the middle Tennessee region and was promoted multiple times to ultimately lead this division, which supervises state-chartered banks, trust companies, and business and industrial development corporations (BIDCOs). Gonzales also announced that Philip Ruffin has been appointed as Assistant Commissioner of the Bank Division. Ruffin joined the Department in 2006 and has led the Large Bank section of the Bank Division since its inception in 2017. Before joining the Department, Ruffin served as a bank examiner with the Federal Deposit Insurance Corporation (FDIC). Phil is a graduate of Tennessee Technological University and the Graduate School of Banking at LSU. He is a resident of Mt Juliet, Tennessee.

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