New York City Schools Chancellor David Banks is stepping down earlier than initially planned, with sources confirming his departure will now occur on October 16.

Incoming Schools Chancellor Melissa Aviles-Ramos is set to assume leadership of the nation’s largest school system on that date. Last week, when Banks announced his resignation, he had stated plans to remain in the role through the end of the year, but the reason for accelerating the transition remains unclear.

This development comes as the administration of Mayor Eric Adams faces a wave of resignations amid his five-count indictment. The charges accuse Adams of pressuring the FDNY to expedite an inspection at the Turkish consulate in Manhattan, following years of accepting over $100,000 in flight upgrades and luxury hotel accommodations from Turkish officials. During a recent court hearing, a prosecutor indicated that additional charges and defendants are likely.