Public Protection Cabinet
FDIC Official Named Banking Commissioner

Press Release Date:  Thursday, July 31, 2008  
Contact Information:  Jim Carroll, 502-564-5525  

     Public Protection Cabinet Secretary Robert Vance today announced the appointment of a veteran official in the Federal Deposit Insurance Corporation (FDIC) as the new commissioner of the Kentucky Department of Financial Institutions.

    Charles A. Vice, 40, of Winchester, has been an FDIC bank examiner for 18 years, serving the Lexington field office.

      "Kentucky’s banking industry is strong," Secretary Vance said. "Under Mr. Vice’s leadership, the Department of Financial Institutions will ensure that our state banks will remain strong in the future."

     During his tenure with FDIC, Vice served as the office’s expert on subprime lending and capital markets. He was in charge of the examination of numerous troubled financial institutions and of the information technology operations of three other banks. His awards have included the 2007 FDIC Chicago Region employee of the year.

      Vice holds a Bachelor of Science in Finance from the University of Southern Mississippi. He also successfully completed the Louisiana State University Graduate School of Banking program. The appointment is effective Aug. 16.