FDIC: New FDIC Ombudsman Appointed

The Federal Deposit Insurance Corporation (FDIC) has appointed M. Anthony Lowe to the post of FDIC Ombudsman and Director of the Office of the Ombudsman.

The Ombudsman’s office interacts extensively with bankers, other industry representatives, community groups, and members of the public to answer questions and hear concerns about FDIC policies and regulations. The office serves as both a resource and a liaison to facilitate the resolution of issues with financial institutions fairly and impartially.

Mr. Lowe will be based in Chicago and will assume his new duties July 2. He replaces Cottrell Webster, who previously retired from the FDIC.

A 32-year veteran of the FDIC, Mr. Lowe has served as the agency’s Chicago Regional Director for the divisions of Risk Management Supervision and Depositor and Consumer Protection since September 2008. Previously, he held the positions of deputy regional director, risk management, Dallas region; assistant regional director, risk management, Dallas region; case manager, Dallas region; and commissioned examiner – Shreveport, Louisiana, territory.

Mr. Lowe graduated from Arkansas State University in Jonesboro, Arkansas, with a Bachelor of Science degree in business finance, and graduated with honors from the Graduate School of Banking of the South at Louisiana State University.

Kansas City Regional Director James D. LaPierre will serve as the acting regional director in Chicago through September 29, 2017, during the search for a permanent replacement. John R. Jilovec, the deputy regional director for risk management in Kansas City, will serve as acting regional director in Kansas City.

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