FDIC Chairman Sheila Bair has announced the appointment of Thom H. Terwilliger to the position of Chief Learning Officer of the FDIC's Corporate University. He replaces David C. Cooke.

"We are very pleased to have Thom on board to lead our training and development arm," said Chairman Bair. "With his strong background in business and educational development, Thom will ensure that our employees are equipped with the specialized knowledge and skills they need to meet the demands of an ever-changing financial services industry."

The FDIC's Corporate University supports the agency's mission and business objectives through high-quality, cost-effective continuous learning and development.

Among Terwilliger's previous positions were Assistant Vice President for Academic Affairs and Director of Institutional Research at the National Defense University in Washington, D.C.; Adjunct Professor and Visiting Professor at the University of Maryland University College, Adelphi, MD, George Mason University, Fairfax, VA, and the Graduate School, Korea National Defense University, Seoul, Republic of Korea; President and CEO of CSJ Associates, Arlington, VA; CEO (Commander) of 341 Services Squadron, Great Falls, Montana; Associate Professor of Leadership and National Security Strategy, and Commandant of Cadets, The University of Texas at Austin; and Chief Academic Officer, Directorate of Services, Headquarters, United States Air Force, Washington, D.C.

Terwilliger holds a doctorate degree in education and an educational specialist degree from the College of William and Mary, Williamsburg, VA; a master of business administration from Golden Gate University, San Francisco, CA; a bachelor of science degree in business administration from Christopher Newport College, Newport News, VA; and a diploma from the Air War College, Air University, Montgomery, AL.

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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 8,681 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-37-2007