WASHINGTON The Federal Deposit Insurance Corp. on Tuesday named Michael Dean as the director of the agency's Atlanta region. He had been serving as acting director of the region since April.
Dean, whose career at the FDIC spans 28 years, will oversee the FDIC's bank supervisory and compliance activities for 819 institutions that total more than $454 billion in assets. The region includes banks in Alabama, Florida, Georgia, North Carolina, South Carolina, Virginia and West Virginia.
"Over his career, Mike has developed strong insights into operational and supervisory challenges," Doreen Eberley, director of the Division of Risk Management Supervision, said in a press release. She added that Dean "brings a depth of experience in both the risk management and compliance disciplines."
Mark Pearce, director of the Division of Depositor and Consumer Protection, said Dean "is a leader with proven judgment and capability in supervising financial institutions and managing our operations."
Dean holds a Master of Business Administration degree from the University of Massachusetts. He is also a graduate of Bryan College and the Graduate School of Banking of the South.