CBAI congratulates Jelena McWilliams upon her being sworn in as the 21st Chairman of the Federal Deposit Insurance Corporation (FDIC). McWilliams was appointed by President Donald J. Trump to serve as FDIC Chairman for a term of five years and a six-year term on the FDIC Board of Directors. She succeeds Martin Gruenberg, who has served on the FDIC board since August 2005 and as Chairman since November 2012.
Prior to joining the FDIC Board, McWilliams’ professional experience included serving as chief legal officer at Fifth Third Bank, chief counsel and deputy director of the U.S. Senate Banking Committee, assistant chief counsel of the U.S. Senate Small Business Committee, and attorney at the Federal Reserve Board of Governors. McWilliams received a Bachelor of Science degree in political science and a law degree from the University of California, Berkeley. CBAI looks forward to working with FDIC Chairman Jelena McWilliams. Read FDIC Release.