FDIC Appoints New Ombudsman — 2017-06-16

The Federal Deposit Insurance Corporation (FDIC) has appointed M. Anthony Lowe to the post of FDIC Ombudsman and Director of the Office of the Ombudsman. The Ombudsman's office interacts extensively with bankers, other industry representatives, community groups, and members of the public to answer questions and hear concerns about FDIC policies and regulations. The office serves as both a resource and a liaison to facilitate the resolution of issues with financial institutions fairly and impartially. Mr. Lowe will be based in Chicago and will assume his new duties July 2. He replaces Cottrell Webster, who previously retired from the FDIC. A 32-year veteran of the FDIC, Mr. Lowe has served as the agency’s Chicago Regional Director for the divisions of Risk Management Supervision and Depositor and Consumer Protection since September 2008.