David M. Frankel was appointed Finance Commissioner by Mayor Michael R. Bloomberg on July 29, 2009, and officially began leading the agency on September 8, 2009. David brings a depth of operational, legal and financial expertise from the private and public sectors, along with a passion for public service, and a commitment to improve customer service, efficiency and accountability. He has focused the agency on exemplary service, accountability for measurable results and the highest standard of conduct.

Prior to his appointment, Commissioner Frankel held several positions as Managing Director at Morgan Stanley, overseeing fixed income, regulatory and tax operations, managing a staff of 750 and a budget of $200 million. From 1992 to 2004, he was the head of global operations for the AIG Trading Group.

During the first year of the Dinkins Administration, Commissioner Frankel served as Deputy Commissioner for Intergovernmental Relations at the New York City Department of Housing, Preservation and Development. This followed a two-year stint as Special Counsel to the Commissioner of the New York City Department of Corrections in the Koch Administration. From 1978 to 1988, he was an attorney at two New York firms, where he specialized in litigation.

Commissioner Frankel graduated with a history degree from Tufts University in 1974, and earned a law degree from Columbia Law School in 1978. He lives on the Upper West Side with his wife and two daughters.