The Federal Deposit Insurance Corporation (FDIC) announced that Arthur J (Art) Murton will retire on May 31, 2025, stepping down as Deputy to the Chairman for Financial Stability and Director of the Division of Complex Institutions Supervision and Resolution (CISR) after 39 years at the agency. Murton has served as Deputy to the Chairman for Financial Stability since October 2019, advising FDIC chairmen and board members on key policy issues affecting the FDIC and the banking system. He was appointed Director of CISR in October 2023 and oversaw the FDIC’s work related to systemically important financial institutions and insured depository institutions with assets above USD 100 billion. The FDIC highlighted his roles in responding to multiple banking crises, supporting the liquidity and solvency of the Deposit Insurance Fund, and leading the design and implementation of the Temporary Liquidity Guaranty Program during the 2008 global financial crisis.
Federal Deposit Insurance Corporation 2025-05-16
Federal Deposit Insurance Corporation announces Arthur J Murton will retire on May 31 2025 as financial stability deputy and complex institutions director
The Federal Deposit Insurance Corporation (FDIC) announced the retirement of Arthur J. Murton, Deputy to the Chairman for Financial Stability and Director of the Division of Complex Institutions Supervision and Resolution, effective May 31, 2025. Murton, who has been with the FDIC for 39 years, played a key role in advising on policy issues, overseeing systemically important financial institutions, and responding to banking crises.