Risk management veteran appointed as director of FDIC’s Chicago region

A 35-year veteran of the federal insurer of bank deposits will lead the agency’s Chicago region, the agency said Friday.

Gregory P. Bottone was appointed regional director of the Federal Deposit Insurance Corp.’s (FDIC) Chicago office, where he will direct the risk management and consumer protection supervision programs for banks and other FDIC-insured financial institutions in Indiana, Illinois, Kentucky, Ohio, Michigan, and Wisconsin.

Over the course of his 35 years with the agency, the FDIC said, he has held a variety of positions in risk management, including as assistant director for the Boston area office of the New York region for the past 23 years. He has also previously served as acting area director for the Boston area office and acting deputy regional director for the Chicago, Kansas City, and New York regions of the agency, where he also oversaw both risk management and consumer protection supervision programs, the FDIC said.

Bottone fills the vacancy created by the promotion of John P. Conneely to director, division of complex institution supervision and resolution, earlier this year

Gregory P. Bottone Named FDIC Chicago Regional Director