Hodgen Mainda has stepped down as commissioner for the Tennessee Department of Commerce and Insurance (TDCI), after being appointed September last year.
In his resignation letter, Mainda outlined to Bill Lee, the governor of Tennessee, that his last day will be 13 November 2020.
Mainda explained that he has the opportunity to transition to the private sector and spend more time with his family.
Last year in an interview with Captive Insurance Times, Mainda said his ambitions as TDCI commissioner include “continuing the Volunteer State’s growth into an international economic leader”.
Mainda took on the role from Julie Mix McPeak, who stepped down on 14 June last year to pursue career opportunities in the private sector.
Commenting on his departure, Mainda said: “I have thoroughly enjoyed my time here and appreciated the opportunity to support you in leading the state serving 6.8 million Tennesseans.”
“The work has been very fulfilling, and though the last eight months have been challenging, I am proud of what we have accomplished with the response to the tornado events, COVID-19, reopening the economy with ERG and the work with the Law Enforcement Reform Partnership,” he added.
Mainda apologised to the governor for any inconvenience caused by his departure and added that he will do whatever he can to make this transition as smooth as possible.
Prior to taking on the role as TDCI commissioner, Mainda served as vice president for community development at the Electric Power Board (EPB) in Chattanooga.
In addition to his work with EPB, Mainda served on several non-profit boards including the Chattanooga Area Chamber of Commerce, the Downtown Chattanooga Rotary Club, the United Way of Greater Chattanooga, the University of Tennessee at Chattanooga Chancellor’s Roundtable and the College of Business Advisory Board.
Recently, the TDCI promoted Jonathan Habart as assistant director at the captive insurance section.