Each depositor insured to at least $250,000 per insured bank



Home > News & Events > Press Releases




Press Releases

Three Key Executive Appointments Announced at FDIC:
Appointees will serve in Division of Supervision and Consumer Protection's Washington office


FOR IMMEDIATE RELEASE
December 2, 2005
Media Contact:
David Barr (202) 898-6992 or dbarr@fdic.gov

Three FDIC veterans were named to key executive posts within the agency's Division of Supervision and Consumer Protection (DSC), announced DSC Acting Director Christopher J. Spoth today. The appointments are: William A. Stark, Deputy Director, Strategic Planning and Resource Management; Lisa A. Arquette, Associate Director, Anti-Money Laundering and Financial Crimes; and Robert J. Mooney, Associate Director, Compliance Policy and Examination Support. All three will serve in the division's Washington, D.C., office and will assume their new posts on December 12, 2005.

"Bill, Lisa and Bob are valued members of the DSC team," said Spoth. "They bring a wealth of banking and supervisory experience to their new positions, along with proven leadership skills. I look forward to working with them in their new capacities."

William A. Stark – Deputy Director, Strategic Planning and Resource Management

William A. Stark, currently Associate Director of DSC's Capital Markets Branch, began his FDIC career in 1990 directing the development of the Capital Markets Branch. He was later responsible for policy development and examiner guidance on insured institutions' involvement with all securities matters and related risk areas, and the development of capital policy for FDIC-supervised banks. He worked closely with the Federal Financial Institutions Examination Council's (FFIEC) Supervision Task Force on developing policy guidelines, and has been directly involved in training bank examiners and industry representatives. He has also served on numerous Basel Committee on Banking Supervision subgroups.

Prior to joining the FDIC, Stark was Chief Financial Officer, Controller, and Treasurer of various financial institutions located in the United States.

Stark is a graduate of the University of Missouri, St. Louis, Missouri, with a degree in Business Administration.

Lisa D. Arquette – Associate Director, Anti-Money Laundering and Financial Crimes

Lisa D. Arquette, currently Chief of the FDIC's Anti-Money Laundering (AML) Section, joined the FDIC in 1990. During her career, she has served as a Safety and Soundness Examiner, Senior Capital Markets Specialist and Review Examiner. In her current position as Chief of the AML Section, she also represents the agency as a member of Treasury's Bank Secrecy Act (BSA) Advisory Group and the FFIEC's BSA/AML Working Group. She has been responsible for administering a nationwide program on the BSA/AML policies.

Arquette has a master's degree in Business Administration from the University of Houston and a bachelor's degree in Criminal Justice from New Mexico State University. She also is a graduate of the Stonier Graduate School of Banking, Georgetown University, Washington, D.C., and is a Certified Anti-Money Laundering Specialist.

Robert J. Mooney – Associate Director, Compliance Policy and Examination Support

Robert J. Mooney, currently Chief of DSC's Policy Development Section, began his FDIC career in 1989. Positions he has held with the FDIC include Senior Fair Lending Specialist, Community Affairs Officer for the Chicago Region, and managing agent and chief executive of several thrifts under FDIC and Resolution Trust Corporation conservatorship. Mooney has represented the FDIC on several interagency Community Reinvestment Act and Compliance initiatives and authored the FDIC publication Side by Side, a Guide to Fair Lending.

Before joining the FDIC, Mooney had more than 10 years of senior management experience in banking, including Regional Vice President, and Director for Retail Banking of a multi-state financial institution; Director of Mergers and Acquisitions; and Vice President for Employee Relations. Mooney was active in civic affairs, serving on the board of directors and as President or Treasurer of several community development corporations and other organizations. The Massachusetts State Senate awarded him a commendation for his work in community development and equal opportunity.

# # #

Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,854 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars — insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or (703) 562-2200). PR-120-2005




Last Updated 12/02/2011 communications@fdic.gov