The race is on to choose a successor to Federal Deposit Insurance Corp. supervision director Nicholas J. Ketcha, who retires Dec. 18.

Michael J. Zamorski, deputy director of the 2,700-employee supervision division and Mr. Ketcha's confidant, is considered the front-runner. Since joining the agency in 1977, he has weathered several banking crises and is the agency's point man on the year-2000 problem.

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