FDIC veterans promoted to key leadership roles

WASHINGTON — Two long-term employees of the Federal Deposit Insurance Corp. have been appointed to key leadership positions under Chairman Jelena McWilliams, the agency announced Tuesday.

Arleas Upton Kea will serve as chief operating officer and deputy to the chairman, and Arthur Murton will serve as the deputy to the chairman for policy.

“Arleas and Art have demonstrated outstanding commitment to the FDIC, and embody the core principles of our dedicated workforce,” said McWilliams in a statement. “I am deeply honored that they have agreed to serve in these new positions under my chairmanship.”

Kea joined the FDIC in 1985 and has been the director of the Division of Administration since 1999. She will succeed Barbara Ryan, who retired as COO in July, the FDIC said.

Murton came to the agency in 1986, and most recently served as special adviser to former FDIC Chairman Martin Gruenberg. Prior to that, he held positions as director of the Office of Complex Financial Institutions, director of the Division of Insurance and Research, and financial economist.

The two appointments are on top of previous personnel changes under McWilliams, who took the reins of the FDIC on June 5. In June, former Federal Reserve Board congressional liaison Chad Davis was appointed deputy to the chairman for external affairs. In July, former Raytheon executive Brandon Milhorn joined the agency as McWilliams’ chief of staff, and Travis Hill — a former senior counsel to the Senate Banking Committee — was named senior adviser to the chairman.

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Career moves Policymaking Jelena McWilliams FDIC
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