FDIC names new COO with experience mostly from law enforcement agencies

A new chief operating officer (COO) for the federal bank deposit insurance agency has been named, who brings experience largely from law enforcement, the regulator said Monday.

Five others were also named to senior positions, the Federal Deposit Insurance Corp. (FDIC) said.

The agency said Cynthia Sjoberg Radway is its COO and will lead the FDIC’s internal operations. She is also a deputy to FDIC Board Chairman Travis Hill.

According to the FDIC, Radway most recently served at the at the Department of Homeland Security (DHS) as the chief financial officer (CFO) for the Federal Emergency Management Agency (FEMA). Before that, she was COO for the U.S. Secret Service, and has held executive positions at the Department of Justice (DOJ) and “other DHS Components.” She holds bachelor’s and master’s degrees from Johns Hopkins University.

The others named to senior positions include:

• Janie Faulkner as senior counsel to the chairman; she was most recently staff director for the U.S. Senate Committee on Banking, Housing and Urban Affairs. She previously worked at law firms.
• Michael Overmyer as senior counsel to the chairman. He most recently served as senior special counsel in the FDIC’s Legal Division; he worked at banks and law firms before that.
• Ryan Rappa also as senior counsel to the chairman. He most recently served as senior advisor to the undersecretary for domestic finance at the Treasury Department. Before that, he served as senior special counsel for complex financial institutions in the FDIC’s Legal Division. Prior to that, he worked at law firms.
• Mark Buresh is a deputy general counsel for the regulation and policy branch in the FDIC Legal Division. He previously worked as a senior special counsel in the bank regulation and policy branch of the Federal Reserve’s legal division.
• Dean Conway is deputy general counsel for the litigation branch in the legal division. He previously served as chief litigation counsel and previously as counsel to the commissioner at the U.S. U.S. Securities and Exchange Commission (SEC), where he served for “more than two decades.” Before joining the FDIC, he was a shareholder at a law firm.

FDIC Announces Six Senior Leadership Appointments