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