FDIC Announces Five New Senior Leadership Roles

The Federal Deposit Insurance Corporation (FDIC) recently made significant leadership appointments. Ryan Billingsley now serves as Director of the FDIC’s Division of Risk Management Supervision (RMS), responsible for overseeing the safety and soundness examination and supervision of insured commercial banks and savings institutions. Having previously acted as Deputy Director of Capital Markets and Accounting Policy, Mr. Billingsley is a sound addition to the team with his experience in capital markets, accounting regulation, risk surveillance, and examination support, gained through various roles in the banking and financial services industry. He is a Chartered Financial Analyst who holds a bachelor’s degree in economics from the University of Virginia and completed the Stonier Graduate School of Banking at the University of Pennsylvania.

Matthew P. Reed now serves as FDIC General Counsel after previously taking on the role of Acting General Counsel. Mr. Reed’s background includes being an executive in the Legal Division’s Emerging Technology, Anti-Money Laundering/Cyber Fraud Policy Group and serving in an executive capacity at a globally active bank in the private sector. His federal government experience is extensive, ranging from serving as Chief Counsel in the U.S. Department of the Treasury’s Office of Financial Research, various positions at the U.S. Securities and Exchange Commission, trial work at the U.S. Department of Justice, and as counsel to the U.S. Senate Judiciary Committee. Mr. Reed holds a bachelor’s degree from Michigan State University and a law degree from George Mason University’s Antonin Scalia Law School, where he also instructs on FinTech law.

Alex LePore has been named Deputy to the Chairman for Policy after rejoining the FDIC in January 2024 as Deputy to the Vice Chairman. With his position as a key policy advisor to the Acting Chairman, Mr. LePore will continue overseeing the development and execution of various regulatory initiatives and liaising with internal and external stakeholders on policy matters. Mr. LePore’s appointment brings a wealth of experience and expertise to the FDIC, contributing to the vital functions of the organization.