Who appoints the Superintendent of Financial Services?

The Superintendent of Financial Services in New York is appointed by the Governor. This position is significant within the state's regulatory framework, overseeing the Department of Financial Services, which supervises institutions including banks and insurance companies. The appointment process ensures that the Superintendent operates under the guidance and policy direction of the state’s executive branch, reflecting the Governor's priorities regarding financial regulation and consumer protection.

This mechanism allows the appointment to be a part of a broader strategy to maintain stability and accountability in financial oversight, as the appointed individual is aligned with the Governor's administration and policies. The other options—election by the voting public, appointment by the Attorney General, or election by the Governor's cabinet—do not align with the established process in New York, where executive appointments are made to support coherent governance.