Sandra L. Thompson

Director, Division of Supervision and Consumer Protection Federal Deposit Insurance Corporation

Sandra L. Thompson leads the FDIC's supervision of more than 5,300 state nonmember banks as well as its back-up examination activities for all federally insured depository institutions. As Director of the Division of Supervision and Consumer Protection (DSC), Ms. Thompson is responsible for all aspects of FDIC supervisory activities nationwide. She oversees a workforce of more than 2,700 employees deployed in six regional offices and 84 field offices nationwide.

Ms. Thompson is responsible for the FDIC's programs designed to promote financial institutions' safety and soundness, and those institutions' compliance with consumer protection statutes and regulations. She leads the FDIC's domestic and international banking policy development, including initiatives of the Basel Committee on Banking Supervision and programs dealing with anti-terrorism and anti-money-laundering. She also oversees the FDIC's supervisory enforcement initiatives and manages regulatory approvals that allow banks to engage in certain activities or transactions.

As DSC Director, Ms. Thompson coordinates with her regulatory counterparts to effect vigilant supervision of the nation's financial institutions. She regularly testifies before the House Financial Services Committee and the Senate Banking Committee on issues such as risk management, consumer protection and other policy matters. She represents the FDIC as a member of bank regulatory professional organizations, including the Federal Financial Institutions Examination Council Task Force on Supervision and she is a member of the Board of Directors for the Association of Supervisors of Banks of the Americas.

Ms. Thompson is a vigorous advocate of the FDIC's consumer/community affairs and outreach activities and speaks frequently on such issues as affordable housing and foreclosure prevention. She is passionately committed to protecting America's consumers.

Previously, Ms. Thompson served in several executive positions. She was formerly Deputy to the FDIC Vice Chairman, DSC's Deputy Director for Strategic Planning and Resource Management, Assistant Director for Electronic Banking, and DRR's Assistant Director for Capital Markets. She also served as the Director of Securitization for the Resolution Trust Corporation, where, among other things, she was responsible for issuing more than $41 billion in mortgage-backed securities.

Before joining the FDIC in 1990, Ms. Thompson served as an associate with Goldman Sachs. She holds a degree in finance from Howard University, Washington, D.C.

Sandra L. Thompson, Director, Division of Supervision and Consumer Protection at the FDIC is available for interviews and can answer any questions you may have about the FDIC and deposit insurance. To schedule an interview, or request additional information, please contact Imani Sanders at 202-973-4793 or via e-mail at Imani.Sanders@porternovelli.com.