Thursday, October 2, 2025

NYC Schools Chancellor David Banks to Step Down

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New York City School Chancellor David Banks to Leave Position Sooner than Expected

What to Know

  • Outgoing New York City School Chancellor David Banks will leave his position in mid-October rather than at the end of the year.
  • Melissa Aviles-Ramos will take over as the new Chancellor on October 16, rather than at the end of December.
  • Banks’ devices were seized as part of an investigation into whether a third Banks brother obtained city contracts.
  • No accusations of wrongdoing have been made against David Banks or his brother Phil.

Background

David Banks, who previously had run a network of boys’ schools, was named the schools chancellor in 2022 by Mayor Eric Adams. He had announced his intention to retire in September, with his last day planned for December 31.

However, in a statement Wednesday night, a spokesperson for City Hall said that Banks would be leaving his position sooner than expected, with his last day set for October 16. The decision was made to allow the new Chancellor, Melissa Aviles-Ramos, to “immediately begin executing on her vision for New York City Public Schools.”

Investigations and Controversies

Banks’ devices were seized as part of an investigation into whether a third Banks brother, Terence Banks, obtained city contracts. Terence Banks was a mid-level supervisor in NYC’s subway system and later launched a consulting firm that promised to connect businesses to key government stakeholders.

There have been no accusations of wrongdoing against David Banks or his brother Phil. However, the investigations and controversies surrounding City Hall have led to the departure of several high-level officials, including Deputy Mayor Phil Banks and Deputy Mayor Sheena Wright, who is also Banks’ fiancée.

Conclusion

David Banks’ sudden departure as New York City School Chancellor is a significant development in the ongoing investigations and controversies surrounding City Hall. The expedited timeline for his departure is intended to ensure a smooth transition and allow the new Chancellor, Melissa Aviles-Ramos, to take the reins. As the investigations continue, it remains to be seen what other developments will arise in the coming weeks and months.

FAQs

Q: Why is David Banks leaving his position as Chancellor?

A: David Banks is leaving his position as Chancellor due to the expedited timeline for his departure, which was decided to allow the new Chancellor, Melissa Aviles-Ramos, to take over immediately.

Q: What is the reason for the expedited timeline?

A: The expedited timeline is intended to ensure a smooth transition and allow the new Chancellor to begin executing on her vision for New York City Public Schools.

Q: What is the investigation into the Banks brothers’ devices?

A: The investigation into the Banks brothers’ devices is part of a broader investigation into whether a third Banks brother, Terence Banks, obtained city contracts.

Q: Have there been any accusations of wrongdoing against David Banks or his brother Phil?

A: No, there have been no accusations of wrongdoing against David Banks or his brother Phil.

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