Reduce liability for losses on commercial accounts by adhering to four requirements.
FDIC Names Vogel New York Regional Director
Sept 26 - The FDIC has appointed John Vogel regional director in New York. Until his promotion, Vogel had been serving in New York as deputy regional director for risk management. Vogel directs the supervision of approximately 890 FDIC-insured depository institutions with assets of more than $1.5 trillion. The New York region covers the states of Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New York, Pennsylvania, New Jersey, Delaware, Maryland, Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Sandra Thompson, director of the division of risk management supervision, said, "John is well-suited for the job. He brings to the table an abundance of experience, spending much of his 22-year FDIC career in New England plus two years at headquarters in Washington. I expect he'll be a major contributor to our senior management team."
Mark Pearce, director of depositor and consumer protection, added, "I am pleased to have someone of John's caliber and talent to lead our New York region. His sound judgment and diverse experience will serve him well in promoting public confidence in the banking system."
Vogel began his FDIC career in 1990 working at the Concord, N.H., field office. Since then, he has served as a bank examiner and supervisory examiner in offices throughout New England. From 2004 through 2006, he was the special assistant to FDIC board member Thomas J. Curry in Washington, D.C., and then returned to New England as the field supervisor for the Southern New England field territory. In August 2009, Vogel became an assistant regional director in New York, and was serving as deputy regional director for risk management until now.
Vogel is a graduate of Keene State College, in Keene, N.H., and the Stonier Graduate School of Banking at Georgetown University in Washington, D.C.