Barbara A. Ryan, Deputy to the Chairman and Chief Operating Officer/Chief of Staff, has announced that she will retire from the Federal Deposit Insurance Corporation (FDIC) on April 30, 2018.*
Ms. Ryan was appointed FDIC Chief of Staff in July 2011 and Deputy to the Chairman and Chief Operating Officer in January 2014. In this dual capacity, Ms. Ryan assisted the FDIC Chairman in the overall operation of the agency, chaired numerous internal committees, and was instrumental in initiating several of the FDIC's key employee engagement programs. Previously, she served as Deputy to the Vice Chairman from February 2006 to July 2011, and as Associate Director of Regional Operations in the FDIC's Division of Insurance and Research from February 2005 to February 2006.
"I would like to thank Barbara for her extraordinary service to the FDIC," said Chairman Martin J. Gruenberg. "There is no one I have relied on more since I joined the FDIC Board, particularly for her exceptional judgement, expertise, and management skill. She helped make the FDIC a great place to work."
Ms. Ryan joined the FDIC in 2005 following a 26-year career serving as an economist and in executive and advisory positions in the public and private sectors. She has a B.A. in Economics and English from Georgetown University, an M.A. in Economics from The George Washington University, and a Ph.D. in Economics from George Mason University.
* On April 23, 2018, Ms. Ryan announced that she has elected to delay her retirement in order to facilitate an orderly transition in FDIC leadership. Her new date of retirement has yet to be determined.
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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's banks and savings associations, 5,670 as of December 31, 2017. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars—insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov , by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html ) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200).