Donald E. Powell

Donald E. Powell
Chairman of the Federal Deposit Insurance Corporation
In office
August 29, 2001 – November 15, 2005
PresidentGeorge W. Bush
Preceded byJohn N. Reich
(Acting)
Succeeded byMartin J. Gruenberg
(Acting)
Personal details
Born
Donald E. Powell

(1941-05-02) May 2, 1941 (age 83)
Texas, US
SpouseTwanna Powell
Alma materWest Texas State University
OccupationBanker

Donald E. Powell (born May 2, 1941) became the 18th chairman of the U.S. Federal Deposit Insurance Corporation (FDIC) on August 29, 2001, and served through November 15, 2005.[1] He resigned to become Federal Coordinator of Gulf Coast recovery efforts following Hurricanes Katrina and Rita.[2][3]

Prior to being named chairman of the FDIC by George W. Bush, Powell was president and CEO of The First National Bank of Amarillo, TX. He began his banking career in 1963 at First Federal Savings & Loan of Amarillo.

Powell has served on a variety of boards, most notably as chairman of the board of regents of the Texas A&M University System, advisory board member of the George Bush School of Government and Public Service, and chairman of the Amarillo Chamber of Commerce. Powell has also been a member of the City of Amarillo Housing Board and the boards of the Franklin Lindsay Student Aid Fund, the Cal Farley's Boys Ranch, High Plains Baptist Hospital, and the Harrington Regional Medical Center.

Powell currently serves as a member of the Amarillo Independent School District Board of Trustees.

Powell received his Bachelor of Science degree in economics from West Texas State University and is a graduate of The Southwestern Graduate School of Banking at Southern Methodist University.

References

  1. ^ Bovenzi, John F. (2015-01-20). Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles. John Wiley & Sons. ISBN 978-1-118-99410-8.
  2. ^ Schwartz, John (2007-05-29). "Can Science Outwit Storms Like Katrina?". The New York Times. ISSN 0362-4331. Retrieved 2020-07-27.
  3. ^ Times-Picayune, Mike Scott, NOLA com | The. "How a Bush appointee became a post-Katrina hero to many". NOLA.com. Retrieved 2020-07-27.{{cite web}}: CS1 maint: multiple names: authors list (link)

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