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MICHAEL E. BARTELL NAMED FDIC'S CHIEF INFORMATION OFFICER

FOR IMMEDIATE RELEASE
PR-109-2003 (12-1-2003)
Media Contact:
David Barr (202-898-6992)

Federal Deposit Insurance Corporation (FDIC) Chairman Donald Powell announced the appointment of Michael E. Bartell as the FDIC's Chief Information Officer (CIO). Mr. Bartell's appointment is effective immediately.

"Mike's broad IT and management background makes him an ideal choice for this key position," said Chairman Powell. "As the agency's CIO, he will ensure that our corporate-wide IT needs are met, and that our information systems meet the highest security standards. I look forward to working with Mike in this important area."

Mr. Bartell joined the FDIC in October 2002 as the Deputy Director of Technical Infrastructure Management and Chief Technology Officer in the Division of Information Resources Management. Over the past three months, he has also been managing the comprehensive information technology program assessment being conducted by the Deloitte Consulting Group.

Before joining the FDIC, Mr. Bartell served as the CIO at the Securities and Exchange Commission, where he had worked since 1995. Earlier, Mr. Bartell had held progressively responsible IT positions at several other federal entities, including the United States Senate where he served as the Director of Information Technology, the Department of the Treasury, and the Department of Commerce, which is where he began his federal career in 1975.

Mr. Bartell holds a B.S. degree in business and finance from Mount Saint Mary's College, Emmittsburg, MD.

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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 9,267 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 or through the FDIC's Public Information Center (877-275-3342 or (703) 562-2200).

Last Updated 12/01/2003 communications@fdic.gov

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