Andrew C. Hove, Jr.
Mr. Hove was appointed to his second term as Vice Chairman of the FDIC in 1994. When Ricki Helfer resigned from the top post in June 1997, Mr. Hove began serving as Acting Chairman for the third time since 1991. Prior to his first appointment as Vice Chairman in 1990, Mr. Hove was Chairman and Chief Executive Officer of the Minden Exchange Bank & Trust Company, Minden, Nebraska, where he served in every department during his 30 years with the bank.
Also involved in local government, Mr. Hove was Mayor of Minden from 1974 until 1982 and was Mindens Treasurer from 1962 until 1974.
Other civic activities included serving as President of the Minden Chamber of Commerce, President of the South Platte United Chambers of Commerce and positions associated with the University of Nebraska. Mr. Hove also was active in the Nebraska Bankers Association and the American Bankers Association.
Mr. Hove earned his B.S. degree at the University of Nebraska-Lincoln. He also is a graduate of the University of Wisconsin-Madison Graduate School of Banking. After serving as a U.S. naval officer and naval aviator from 1956 to 1960, Mr. Hove was in the Nebraska National Guard until 1963.
Joseph H. Neely
Mr. Neely served as Mississippis banking commissioner before being sworn in as a member of the FDIC Board on January 29, 1996. His appointment, which followed nomination by President Clinton on July 12, 1995, and Senate confirmation later that year on December 22, brought the Board to its full membership of five directors for the first time since August 1992.
Mr. Neely's banking experience began in 1977 with the Grenada Sunburst Banking System in Grenada, Mississippi, where he worked in the lending area. In 1980, he continued his community banking service at Merchants National Bank of Vicksburg, Mississippi, where he ultimately served as Senior Vice President before being named Commissioner of the Department of Banking and Consumer Finance for the State of Mississippi in 1992. As Commissioner, Mr. Neely was the primary regulator and supervisor of state-chartered bank and thrift institutions, as well as state-chartered credit unions and consumer finance companies.
Throughout his career, Mr. Neely has been active in community affairs and has held a number of civic leadership positions.
A native of Grenada, Mississippi, Mr. Neely received his B.S. and M.B.A. degrees from the University of Southern Mississippi. He also is a graduate of the Stonier Graduate School of Banking, Rutgers University; The School of Bank Marketing, University of Colorado; and the School of Bank Management and Strategic Planning, University of Georgia. Mr. Neely has lectured at the Stonier Graduate School of Banking, the Graduate School of Banking at Louisiana State University, and the Alabama and Mississippi Schools of Banking.
Eugene A. Ludwig
Mr. Ludwig became the 27th Comp- troller of the Currency on April 5,1993. As the Comptroller, Mr. Ludwig also serves as an FDIC Board member.
In January 1997, Mr. Ludwig was elected Chairman of the Neighborhood Reinvestment Corporation. He also serves as Chairman of the Federal Financial Institutions Examination Council and the federal Consumer Electronic Payments Task Force.
Prior to becoming Comptroller, Mr. Ludwig was with the law firm of Covington and Burling in Washington, DC, where he specialized in intellectual property law, banking and international trade. He became a partner in 1981.
Raised in York, Pennsylvania, Mr. Ludwig earned his B.A. magna cum laude from Haverford College in Pennsylvania. He also received a Keasbey scholarship to attend Oxford University, where he earned a B.A. and M.A. Mr. Ludwig holds an LL.B. from Yale University, where he served as Editor of the Yale Law Journal and Chairman of Yale Legislative Services.
Mr. Ludwig's five-year term as Comptroller of the Currency expired on April 4, 1998.
Ellen S. Seidman
Ms. Seidman became Director of the Office of Thrift Supervision (OTS) on October 28, 1997. She succeeded Nicolas P. Retsinas, who had served in dual positions as OTS Director and Assistant Secretary for Housing-Federal Housing Commissioner at the U.S. Department of Housing and Urban Development. As OTS Director, Ms. Seidman is also an FDIC Board member.
Ms. Seidman joined the OTS from the White House, where from 1993 to 1997 she was Special Assistant to President Clinton for economic policy at the White House National Economic Council. She chaired the interagency working group on pensions and dealt with such issues as financial institutions, natural disaster insurance, bankruptcy and home ownership.
From 1987 to 1993, Ms. Seidman served in various positions at Fannie Mae, ending her career there as Senior Vice President for Regulation, Research and Economics. Other prior positions include Special Assistant to the Treasury Under-secretary for Finance from 1986 to 1987, and Deputy Assistant General Counsel at the Department of Transportation from 1979 to 1981. Ms. Seidman also practiced law for three years beginning in 1975 with Caplin & Drysdale, a Washington, DC, law firm specializing in tax, securities and bankruptcy issues.
Ms. Seidman received an A.B. degree in government from Radcliffe College, an M.B.A. from George Washington University and a J.D. from Georgetown University Law Center.