FDIC Chairman Ricki Helfer announced today that eight veteran FDIC officials have been selected to fill high-level posts within the Corporation's Division of Supervision (DOS). The division's mission is to evaluate and control risk in the financial system, examine federally insured banks, and promote safe and sound financial practices.

Michael J. Zamorski, currently Regional Director of the FDIC's New York Regional Office, will serve in the newly created post of Deputy Director of the Division of Supervision at FDIC headquarters in Washington, D.C. In addition, five regional directors and two deputy regional directors were named.

"The recent retirements of senior staff in the Division of Supervision provided the opportunity for these promotions," said Chairman Helfer. "The FDIC is fortunate to have a cadre of professionals with outstanding credentials who are ready and able to step into these key positions. Together, these individuals bring a wealth of experience to the FDIC's longstanding commitment to the safety and soundness of banks."

Appointments announced in five of the Division of Supervision's eight regions include:

New York Region. James V. McFarland, currently the Deputy Regional Director of the Boston Regional Office, has been named Regional Director of the New York Regional Office in New York City. Scott M. Polakoff, currently the Assistant Regional Director for the Atlanta Regional Office, will serve as Deputy Regional Director of the New York Regional Office.

The New York Region includes Delaware, the District of Columbia, Maryland, New Jersey, New York, Pennsylvania, Puerto Rico and the Virgin Islands.

Chicago Region. Daryl P. Stum, currently the Deputy Regional Director of the Chicago Regional Office, has been named Regional Director of the Chicago Regional Office. The region includes Illinois, Indiana, Michigan, Ohio and Wisconsin.

Boston Region. Patrick J. Rohan, currently the Deputy Regional Director of the Atlanta Regional Office, has been named Regional Director of the Boston Regional Office, which includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. Paul M. Driscoll, currently the Associate Director in the FDIC's Division of Resolutions, will serve as Deputy Regional Director of the Boston Regional Office.

Dallas Region. Keith W. Seibold will serve as Regional Director of the Dallas Regional Office, which includes Colorado, New Mexico, Oklahoma and Texas. Mr. Seibold currently serves as Regional Director of the Western Service Center in Irvine, California, Division of Depositor and Asset Services.

Kansas City Region. Steven K. Scholzen, currently the Deputy Regional Director for the San Francisco Region, will serve as Regional Director of the Kansas City Regional Office, which includes Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.

The appointments will become effective April 14, 1996. Additional biographical information is attached.

Michael J. Zamorski, who currently serves as Regional Director of the FDIC's New York Regional Office, has been named Deputy Director of the Division of Supervision. Mr. Zamorski's FDIC career dates back to 1977, when he joined the agency as an assistant bank examiner in the Philadelphia Region. He became a commissioned examiner in 1981. Subsequent assignments took him to Kansas City, Washington and Dallas. He was one of four managers selected for the FDIC's Executive Selection and Development Program in 1985.

As Assistant Regional Director in Dallas, beginning in 1986, Mr. Zamorski oversaw examination activity for numerous troubled banks in Texas.

In 1989, Mr. Zamorski was named Deputy Regional Director of the New York Regional Office. He is a graduate (cum laude) of Villanova University, Villanova, Pennsylvania, and of The Stonier Graduate School of Banking at Rutgers University.

New York Regional Office

James V. McFarland, who currently serves as Deputy Regional Director of the Boston Regional Office, has been named Regional Director of the New York Regional Office. Mr. McFarland joined the FDIC as a bank examiner trainee in 1965 and has been assigned to the Boston Regional Office since 1978. His assignments include having served as a review examiner and as Assistant Regional Director, responsible for all FDIC examination activities in Connecticut, Rhode Island and Massachusetts. Mr. McFarland is a graduate of Suffolk University, Boston, Massachusetts, and of the Herbert V. Prochnow Graduate and Post Graduate Schools of Banking at the University of Wisconsin.

Scott M. Polakoff, who presently serves as Assistant Regional Director for the Atlanta Regional Office, has been named Deputy Regional Director for the New York Regional Office. Mr. Polakoff joined the FDIC in 1983 as an assistant examiner in the Tulsa, Oklahoma, field office, and later was named Assistant to the FDIC's Executive Director at headquarters. In 1994, he became Assistant Regional Director for the Atlanta Regional Office and subsequently served as Acting Regional Manager for the Division of Compliance and Consumer Affairs, Atlanta Region. Mr. Polakoff is a graduate of West Chester University, West Chester, Pennsylvania, and the Southwestern Graduate School of Banking at Southern Methodist University, Dallas, Texas.

Chicago Regional Office

Daryl P. Stum, who currently serves as Deputy Regional Director of the Chicago Regional Office, has been named Regional Director of the Chicago Regional Office. Mr. Stum joined the FDIC as a bank examiner in 1972, and was promoted in 1980 to review examiner in the Philadelphia Regional Office. He subsequently served as Supervisor of the FDIC's Baltimore Field Office and Assistant to the FDIC's Executive Director. Mr. Stum is a graduate of Shippensburg State College, Shippensburg, Pennsylvania, and of the Herbert V. Prochnow Graduate School of Banking at the University of Wisconsin.

Boston Regional Office

Patrick J. Rohan, who currently serves as Deputy Regional

Director of the Atlanta Regional Office, has been named Regional Director of the Boston Regional Office. Mr. Rohan joined the FDIC in 1970 as a bank examiner in the Chicago Region and in 1986 became the region's Assistant Regional Director. In 1990, he was named Deputy Regional Director of the Atlanta Region. Mr. Rohan is a graduate of Loyola University of Chicago, The Stonier Graduate School of Banking, and the Loyola University School of Law.

Paul M. Driscoll, currently serving as Associate Director in the FDIC's Division of Resolutions, has been named Deputy Regional Director of the DOS Boston Regional Office. Mr. Driscoll joined the FDIC in 1976, serving as an examiner for 10 years before joining the Boston Regional Office in 1986 as a review examiner. In 1991, he joined the Division of Resolutions as Regional Manager of the division's Boston Region. In 1993, he transferred to headquarters as an Assistant Director in the Division of Resolutions. Mr. Driscoll received a Masters degree in Business Administration from Babson College, Wellesley, Massachusetts, and is also a graduate of The Stonier Graduate School of Banking.

Dallas Regional Office

Keith W. Seibold, currently Regional Director of the Western Service Center in Irvine, California, Division of Depositor and Asset Services, has been named Regional Director of the Dallas Regional Office. Mr. Seibold, who joined the FDIC in 1970 as an assistant bank examiner, entered the FDIC's Executive Development Program in 1985. He became Managing Liquidator in 1986 for the former Division of Liquidation in Irvine, California. In 1993, he was named Regional Director of the newly created Southeast Service Center in Atlanta, Georgia, Division of Depositor and Asset Services. Mr. Seibold is a graduate of the University of Nebraska and the Graduate School of Banking, Southern Methodist University, Dallas, Texas.

Kansas City Regional Office

Steven K. Scholzen, currently Deputy Regional Director for the San Francisco Region, has been named Regional Director of the Kansas City Regional Office. Mr. Scholzen joined the FDIC in 1969 as an assistant examiner in the former Madison, Wisconsin, Region. In 1983, he was appointed Assistant Regional Director of the Kansas City Region. Mr. Scholzen transferred to the San Francisco Region as Deputy Regional Director in 1989, with responsibility for overseeing examination and supervisory activities in the region's 11 Western states. Mr. Scholzen is a graduate of the University of Wisconsin and the Herbert V. Prochnow Graduate and Post Graduate Schools of Banking at the University of Wisconsin.

Congress created the Federal Deposit Insurance Corporation in 1933 to maintain public confidence in the nation's banking system. The FDIC insures deposits at the nation's 12,000 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.