WASHINGTON - The Federal Deposit Insurance Corp. announced two structural changes to its supervision division Monday, including the creation of a unit devoted to examining large institutions and led by John Lane, an agency veteran.
The FDIC also named Christopher J. Spoth, the head of its New York office, to the new position of senior deputy director for supervisory examinations. Mr. Spoth will be based in Washington and will oversee all examinations as well as the agency's regional operations.
Both men will report to Sandra L. Thompson, who on Monday was named the director of the division of supervision and consumer protection, a position she had held on an acting basis since February.
In the past the division's director has supervised four sections: strategic planning, compliance and consumer protection, policy and examination oversight, and risk management. But in the restructuring, Mr. Spoth will rank above the heads of those four sections and the new large-bank unit, and he will report to Ms. Thompson.
Mr. Spoth also took a turn as the division's acting director, from August 2005 to February 2006. He started with the FDIC as a bank examiner in 1980, and before taking over the New York office he had been the deputy regional director for the agency's Atlanta office.
Ms. Thompson has worked at the FDIC for 17 years. Before becoming the division's acting director, she had been a deputy to the vice chairman, a deputy director, and an assistant director of electronic banking.
Mr. Lane had been the deputy director for risk management since 2002. Before that he had been the assistant director for risk management and an assistant regional director in the FDIC's San Francisco office. He joined the FDIC in 1977 in Portland, Ore.
