Kentucky public protection secretary to retire

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Associated Press

Posted on May 15, 2014 at 8:10 AM

FRANKFORT, Ky. (AP) — Kentucky Public Protection Secretary Bob Vance says he will retire effective May 31.

Gov. Steve Beshear announced Thursday that his chief of staff, Larry Bond, will be the acting secretary until Beshear names a permanent replacement.

The Public Protection Cabinet regulates banks and investment companies, thoroughbred and standardbred horse racing, insurance companies, and alcohol sales and licensing, among other industries.

Vance was among the first appointments Beshear made after winning election in 2007. Vance is a Grant County native and spent most of his career in the banking industry in Kentucky, Ohio and Indiana.

Beshear said in a news release he will miss Vance in Frankfort but is happy he will get to spend more time with his grandchildren. Vance praised the cabinet's employees as conscientious and dedicated.

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