Saturday, July 17


Senate confirms Fernando Grillo as Illinois' first Latino cabinet secretary

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[JULY 17, 2004]  SPRINGFIELD -- The Illinois Senate voted 53-0 Wednesday to confirm Fernando E. Grillo as head of the new Department of Financial and Professional Regulation, making him the first Latino cabinet secretary in state history.

"I'm grateful the Illinois Senate agreed to give me the opportunity to lead this new agency. It is, of course, a great honor for me and my family," said Secretary Grillo, a native of Chicago's north side. "It is also an honor for the many people in my community who have helped me throughout my career in public service."

Grillo, who joined Gov. Blagojevich's administration as director of the Department of Professional Regulation in July 2003, will lead an agency that combines the Department of Professional Regulation with the Department of Financial Institutions, the Office of Banks and Real Estate, and the Department of Insurance. The combined department is expected to save nearly $14 million in its first year.

"Under Fernando's leadership, the new Department of Financial and Professional Regulation will improve efficiency and maximize the state's ability to ensure the integrity and standards of regulated industries and professions in Illinois," Gov. Blagojevich said.


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The governor proposed last April to consolidate the four agencies, which officially became the Department of Financial and Professional Regulation on July 1. More than 800 employees of the new department, which officially merged July 1, serve Illinois consumers and nearly 1 million licensed professionals in approximately 100 fields.

"We are sensitive to DFPR's mission of both protecting consumers and addressing the concerns of the industries and professions we regulate," Secretary Grillo said. "We understand the importance of working with consumer, industry and professional groups to make this new department [a] success."

[News release]

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