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FDIC Leadership Appointed, But Transparency Lacking
The Federal Deposit Insurance Corporation (FDIC) has announced the appointment of five senior leadership positions, but critics are questioning the agency’s commitment to transparency and accountability. The appointments, announced on September 26, 2025, include Ryan Billingsley as Director of the FDIC’s Division of Risk Management Supervision, Matthew P. Reed as FDIC General Counsel, Alex LePore as Deputy to the Chairman for Policy, Mark L. Handzlik as Special Advisor to the Chairman, and Dan Marcotte as FDIC Ombudsman.
Ryan Billingsley, the new Director of the FDIC’s Division of Risk Management Supervision, has a background in the private sector, serving in several roles in the banking and financial services industry. He earned a bachelor’s degree in economics from the University of Virginia, completed the Stonier Graduate School of Banking at the University of Pennsylvania, and is a Chartered Financial Analyst.
Matt Reed, the new FDIC General Counsel, has a long history of working in the public and private sectors. He previously served as an executive in the Legal Division’s Emerging Technology, Anti-Money Laundering/Cyber Fraud Policy Group. Reed’s private sector experience includes serving in an executive role at a globally active bank.
Alex LePore, the new Deputy to the Chairman for Policy, rejoined the FDIC in January 2024 as a Deputy to the Vice Chairman and has continued to serve as a key policy advisor to the Acting Chairman. As Deputy for Policy, LePore will continue to oversee the development and execution of a range of regulatory initiatives and coordinate with internal and external stakeholders on matters of policy.
Mark L. Handzlik, the new Special Advisor to the Chairman, was appointed as a Deputy to the Vice Chairman in January 2023 and has continued to serve as a key policy advisor to the Acting Chairman. As Special Advisor, Handzlik will continue to provide policy analysis and development and strategic counsel on a range of issues.
Dan Marcotte, the new FDIC Ombudsman, is a 35-year FDIC veteran who has served in various roles within the agency. As Ombudsman, Marcotte will serve as an independent, neutral, and confidential liaison between the agency and any person or entity experiencing problems with the FDIC’s supervisory, examination, or resolution activities.
Key Facts
- Agency: FDIC
- Category: Financial Crimes|Public Corruption
- Source: Official Source â†â€â€ÂÂÂ
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