C. T. Conover
Encyclopedia
Conover, a California banking and management consultant, was named Comptroller by President Ronald Reagan
Ronald Reagan
Ronald Wilson Reagan was the 40th President of the United States , the 33rd Governor of California and, prior to that, a radio, film and television actor....
. He presided over the agency during a period of dramatic change in financial services as deregulation increased competition and the services offered by banks.
Under Conover guidance, national banks began to offer discount brokerage services and investment advice and underwrite certain kinds of insurance. He reduced the number of regional offices to six, increasing their staffs and authority. After Conover resignation, he returned to his bank consulting practice.