PRESS RELEASE
Federal Deposit Insurance Corporation
FOR IMMEDIATE RELEASE
March 5, 2007
Media Contact:
David Barr (202) 898-6992
Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's
banking system. 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-20-2007
FDIC Vice Chairman Martin Gruenberg Named Chairman of the International
Association of Deposit Insurers Training and Conference Committee
Martin Gruenberg, Vice Chairman of the Federal Deposit Insurance Corporation (FDIC),
has been appointed by the International Association of Deposit Insurers (IADI) to chair
its Training and Conference Committee.
The IADI, which was established in 2002, is an international organization with 47
member countries that contributes to the stability of financial systems around the world
by promoting international cooperation and encouraging wide international contact
among deposit insurers and other interested parties. The FDIC is one of the founding
members of IADI.
"Marty is tireless in his efforts to promote financial stability and ensure that deposit
insurance contributes effectively to a well-functioning safety net. He will actively employ
the energy and experience of all IADI members to achieve these goals," said FDIC
Chairman Sheila Bair.
As Chairman of the Training and Conference Committee, Vice Chairman Gruenberg will
direct its activities in assessing the needs of the members, leveraging the resources of
the participants and working with IADI partners and other interested parties on training
and development matters. The FDIC hosted the IADI's Executive Council meeting this
month and will host its first training conference this July.
Federal Deposit Insurance Corporation
FOR IMMEDIATE RELEASE
March 5, 2007
Media Contact:
David Barr (202) 898-6992
Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's
banking system. 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-20-2007
FDIC Vice Chairman Martin Gruenberg Named Chairman of the International
Association of Deposit Insurers Training and Conference Committee
Martin Gruenberg, Vice Chairman of the Federal Deposit Insurance Corporation (FDIC),
has been appointed by the International Association of Deposit Insurers (IADI) to chair
its Training and Conference Committee.
The IADI, which was established in 2002, is an international organization with 47
member countries that contributes to the stability of financial systems around the world
by promoting international cooperation and encouraging wide international contact
among deposit insurers and other interested parties. The FDIC is one of the founding
members of IADI.
"Marty is tireless in his efforts to promote financial stability and ensure that deposit
insurance contributes effectively to a well-functioning safety net. He will actively employ
the energy and experience of all IADI members to achieve these goals," said FDIC
Chairman Sheila Bair.
As Chairman of the Training and Conference Committee, Vice Chairman Gruenberg will
direct its activities in assessing the needs of the members, leveraging the resources of
the participants and working with IADI partners and other interested parties on training
and development matters. The FDIC hosted the IADI's Executive Council meeting this
month and will host its first training conference this July.