History repeated itself Friday when the Federal Deposit Insurance Corp. named James L. Sexton the new head of its supervision division, effective Jan. 4. He succeeds Nicholas J. Ketcha, who retired last week.

Mr. Sexton, 58, joined the FDIC in 1965 and ran the supervision division in the early 1980s. He left in 1983 to serve as Texas' bank commissioner and joined the Austin, Tex., office of the Bracewell & Patterson law firm in 1987 as a financial institutions consultant.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.