On April 1, 2024, the Federal Deposit Insurance Corporation (FDIC) made a significant announcement, solidifying its leadership team with the appointment of E. Marshall Gentry as the new Chief Financial Officer (CFO). This appointment follows the retirement of Bret D. Edwards earlier this year, and Gentry will also assume the role of Deputy to the Chairman.
Gentry brings a wealth of experience and expertise to his new position, having previously served as the FDIC’s Chief Risk Officer and the director of the Office of Risk Management and Internal Controls (ORMIC) since April 2018. In this capacity, he has demonstrated exceptional leadership in overseeing the implementation of a comprehensive Enterprise Risk Management program and maintaining the FDIC’s internal controls program.
FDIC’s Chairman Martin J. Gruenberg expressed confidence in Gentry's capabilities, highlighting his extensive background in financial and risk management. Gruenberg emphasized, “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.”
Prior to his tenure at ORMIC, Gentry held a pivotal role at the FDIC's Office of Inspector General, where he served as the Assistant Inspector General for Program Audits and Evaluations. In this capacity, he managed a diverse portfolio of audit and evaluation assignments covering various aspects of the agency's operations.
Gentry’s professional journey began in 1987 when he commenced his career as an evaluator with the U.S. General Accountability Office (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.
His appointment underscores the FDIC's commitment to maintaining sound financial management practices and strengthening its leadership team to effectively fulfill its mission of safeguarding depositors and promoting financial stability. With his extensive experience and expertise, Gentry is poised to make significant contributions to the FDIC's ongoing efforts in protecting consumers and preserving the integrity of the banking industry.
