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PRESS RELEASE | APRIL 1, 2024

FDIC Appoints E. Marshall Gentry as Deputy to the Chairman and Chief Financial Officer

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors has approved the selection of E. Marshall Gentry as Deputy to the Chairman and Chief Financial Officer (CFO).  Mr. Gentry succeeds Bret D. Edwards, who retired in February.

“Marshall brings an exceptional breadth of experience and knowledge in the areas of financial and risk management to the role of CFO, having led the FDIC’s enterprise risk management and internal controls programs,” said FDIC Chairman Martin J. Gruenberg.  “His particular skill and background as an auditor, conducting reviews on large bank failures, will benefit the agency’s ongoing work to maintain sound financial management and accounting systems.  I look forward to continue working with him as a member of our senior management team.”

Mr. Gentry has been serving as the FDIC’s Chief Risk Officer and Director of the Office of Risk Management and Internal Controls (ORMIC) since April 2018.  ORMIC is responsible for implementing a comprehensive Enterprise Risk Management program; maintaining the FDIC’s internal controls program; coordinating Inspector General and U.S. General Accountability Office (GAO) audits; and performing process improvement and program evaluation work. 

Prior to joining ORMIC, Mr. Gentry worked at the FDIC’s Office of Inspector General, most recently as the Assistant Inspector General for Program Audits and Evaluations, where he managed a portfolio of audit and evaluation assignments that covered all aspects of the FDIC.

Mr. Gentry began his professional career in 1987 as an evaluator with the GAO in Atlanta. He holds a Bachelor of Science degree in internal auditing from Berry College in Rome, Georgia, and is a Certified Public Accountant.

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FDIC: PR-22-2024

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