Jelena McWilliams Sworn in as the 21st Chairman of the FDIC — 2018-06-05

Jelena McWilliams was sworn in today as the 21st Chairman of the Federal Deposit Insurance Corporation (FDIC). She succeeds Martin J. Gruenberg, who has served on the FDIC Board since August 22, 2005, as Vice Chairman and Acting Chairman before becoming Chairman on November 29, 2012. "It is an honor and a privilege to join the FDIC as Chairman,” said Chairman McWilliams. “I look forward to working closely with my fellow Board members and counterparts at other regulatory agencies.” "I would like to thank Martin Gruenberg for his service, dedication, and leadership during his nearly 13 years at the FDIC,” said Chairman McWilliams. Prior to joining the FDIC Board, Ms. McWilliams was executive vice president, chief legal officer, and corporate secretary for Fifth Third Bank, Cincinnati, Ohio. Prior to Fifth Third Bank, she worked with the United States Senate Committee on Banking, Housing, and Urban Affairs as chief counsel and deputy staff director.