The Federal Deposit Insurance Corporation (FDIC) today announced the appointment of John F. Vogel as Deputy Director Operations and Chief of Staff in the Division of Risk Management Supervision (RMS), effective September 16, 2019. Mr. Vogel previously served as Regional Director for the New York Region. Replacing him as Regional Director is Frank R. Hughes, who previously served as Deputy Regional Director for the New York Region.
Mr. Vogel fills the vacancy created by the promotion of Maureen Sweeney earlier this year to Director of the Division or Resolutions and Receiverships. In his new position, Mr. Vogel will provide leadership and direction for RMS's operations and executive office oversight, including examiner training, knowledge management, community bank technical assistance initiatives, community bank outreach, budgeting, financial management and reporting, strategic planning, personnel administration, internal controls, management information reporting systems, and technology services.
Mr. Vogel has nearly 30 years of service with the FDIC. Early in his career, heserved as a Bank Examiner and Supervisory Examiner in offices throughout New England. From 2004 through 2006, he served as Special Assistant to FDIC Board Member Thomas J. Curry in Washington, DC, and then returned to New England to serve as the Field Supervisor for the Southern New England Field Territory. In August 2009, Mr. Vogel became an Assistant Regional Director in New York, subsequently served Deputy Regional Director for Risk Management, and was named Regional Director in 2012.
He holds a Bachelor of Arts in Business Management from Keene State College in Keene, New Hampshire, and is a graduate of the Stonier Graduate School of Banking at Georgetown University in Washington, DC.
Mr. Hughes replaces Mr. Vogel as Regional Director for the New York Region. Mr. Hughes presently serves as Deputy Regional Director for the New York Region, a position he was appointed to in 2018 after serving as Assistant Regional Director beginning in 2014. He began his FDIC career as a bank examiner in 1989 and has 30 years of industry experience, including 24 with the FDIC. Before coming to the New York Region, Mr. Hughes held a number of positions in the Kansas City Region, served as President and Board member of a community bank in Kansas City, Missouri, and as a Senior Examiner with the Federal Housing Finance Agency.
He has a Bachelor of Science in Finance from Arizona State University in Tempe, Arizona; holds a Chartered Financial Analyst designation; and is a graduate of the Graduate School of Banking at the University of Colorado, and the Executive Potential Program at Graduate School USA.
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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, 5,303 as of June 30, 2019. 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.
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