Amid a flurry of staff changes at the Federal Deposit Insurance Corp., compliance chief Paul L. Sachtleben has been named director of the agency's division of finance.
FDIC ombudsman Carmen J. Sullivan will take over Mr. Sachtleben's job as director of the division of compliance and consumer affairs.
Mr. Sachtleben replaces Steven A. Seelig, who will become deputy director for special projects in the FDIC's division of research and statistics.
Mr. Seelig had headed the division of finance for more than three years, also acting as the FDIC's chief financial officer for much of that time. Before taking the finance job in November 1992 he was director of the FDIC's office of liquidation.
Also switching jobs is Sharon Powers Sivertsen, previously assistant general counsel for closed bank litigation, who will be director of a newly created Office of Policy Development.
Ms. Sivertsen will coordinate policy development among FDIC divisions and offices and formulate positions on regulatory and legislative proposals affecting the FDIC. She will report to Leslie Woolley, FDIC Chairman Ricki Helfer's deputy for policy.
Mr. Sachtleben, the new finance chief, started with the FDIC as a bank examiner in 1969. After 18 years in the agency's division of supervision, he quit in 1987 to work as a bank consultant. In 1990, he joined the Resolution Trust Corp. as the bailout agency's first chief financial officer, and in 1991 returned to the FDIC as deputy director of its division of resolutions.
He had headed the agency's compliance division since 1994.
Ms. Sullivan joined the FDIC as a bank examiner in 1970, and went on to jobs as a consumer affairs specialist and acting director of the agency's office of consumer affairs and civil rights. In 1989, she moved to the RTC, where she was vice president for the Dallas region until 1992, when she rejoined the FDIC as director of the division of information resources management.
She took the newly created post of ombudsman in 1995.
Leslie R. Crawford, the agency's deputy ombudsman, will serve as acting ombudsman until the FDIC board appoints a replacement for Ms. Sullivan.