The New York Stock Exchange (NYSE) has tapped a former top state regulator to head up its new in-house regulatory division.

The NYSE announced on Tuesday that it has completed the process of bringing regulatory oversight, which was being carried out by the Financial Industry Regulatory Authority (FINRA), in-house. And, it has named Anthony Albanese, who was acting superintendent for the New York State Department of Financial Services (DFS), as its new chief regulatory officer (CRO).

At the NYSE, Albanese will oversee all regulatory compliance for listed companies and the exchange’s reorganized regulatory affairs teams. The current CRO, Mary Brienza, will retire in June. Additionally, the exchange’s board has formed a new regulatory oversight committee made up of independent directors.

The transition of the regulatory function to the exchange from FINRA involved a two-year effort to build the staff and information technology infrastructure to monitor its equity and option markets, the NYSE reports.

At the same time, the exchange also appointed a new global head of listings.