In a decisive move towards ensuring a safe and inclusive workplace, the Federal Deposit Insurance Corporation (FDIC) Board of Directors has established a special committee to oversee an independent review of the agency’s culture. Amid concerns of inappropriate behavior, including sexual harassment and discrimination, the FDIC aims to take necessary actions and promote accountability.
Appointed as co-chairs of the special committee are Directors Jonathan McKernan and Michael J. Hsu. The committee will work with an independent third-party to conduct a thorough examination of the FDIC’s workplace culture. The goal is to identify the root causes of any misconduct and create a safe, fair, and inclusive environment for all employees.
To ensure a diversity of views and expertise, the co-chairs have the authority to appoint up to three additional non-voting members to join the special committee. These members are likely to be individuals from outside the FDIC who can provide valuable insights and advise on the review.
This independent examination will be conducted autonomously, with the individuals responsible for the review reporting exclusively to the special committee. The FDIC Board Members emphasize that this initiative is a top priority and intend to fully support the process of identifying and addressing any issues within the agency’s culture.
As the review gets underway, the FDIC expresses its gratitude and recognition for the dedication and hard work of its approximately 6,000 professionals. Despite this necessary investigation, the mission of the FDIC remains steadfast in maintaining stability and public confidence in the nation’s financial system.
For media inquiries regarding this special committee and the review, please contact MediaRequests@fdic.gov.
FAQs:
1. What is the purpose of the special committee formed by the FDIC Board of Directors?
The special committee is established to oversee an independent review of the agency’s workplace culture, with the aim of addressing any inappropriate behavior and promoting a safe and inclusive environment.
2. Who are the co-chairs of the special committee?
Directors Jonathan McKernan and Michael J. Hsu have been appointed as co-chairs of the special committee.
3. Will the special committee include members from outside the FDIC?
Yes, the co-chairs have the authority to appoint up to three additional non-voting members, likely from outside the FDIC, to provide a diversity of views and expertise.
4. How will the review be conducted?
The review will be conducted by an independent third-party, ensuring that the examination is unbiased and impartial. The individuals responsible for the review will report exclusively to the special committee.
5. What is the FDIC’s commitment to its employees during this process?
The FDIC affirms its commitment to the well-being and safety of its employees. The agency recognizes the hard work and dedication of its professionals and aims to create a workplace culture that promotes a safe and inclusive environment.
For further information about the FDIC and its initiatives, please visit the following links:
– [Visbanking.com](https://visbanking.com/)
– [Pricing](https://visbanking.com/pricing/)
– [Request Demo](https://visbanking.com/request-demo/)
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