Schools Chancellor David Banks To Step Down This Month

NEW YORK CITY — New York City Public Schools Chancellor David Banks will step down from his position in less than two weeks, instead of a previously planned end of the year departure, officials announced Wednesday.

Banks' last day will be Oct. 16, according to an NBC News report.

Last week, Banks announced he would retire at the end of the year.

In a statement to reporters on Wednesday, a City hall spokesperson said they "decided to accelerate the start date of Chancellor Aviles-Ramos to October 16th so that she can immediately begin executing on her vision for New York City Public Schools."

."We thank Chancellor Banks for his service to the city and nearly one million public school children,"the spokesperson told NBC News.

“I am incredibly proud of what we have accomplished during my tenure and the opportunity to work alongside such dedicated professionals to shape the future of education in our great city is one that I will always cherish,” Banks said in his resignation letter last week. “We have faced many challenges and made significant strides in improving the educational landscape for our students, families and educators.”

Banks had held top position for nearly three years.

Banks' home was among those raided by federal agents on Sept. 4. NYPD commissioner Edward Caban phone was seized in the raid, and he would later resign amid a corruption probe. Chief legal counsel Liza Zornberg also announced her resignation following the raids.