ARTICLE
22 February 2021

FDIC Names First Chief Innovation Officer

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
He is also a Carnegie Endowment for International Peace Cyber Policy Initiative nonresident scholar and has served as an advisor to the Treasury and the OCC.
United States Technology

The FDIC appointed Sultan Meghji as the agency's first Chief Innovation Officer. In his new role, Mr. Meghji will be responsible for "leading the FDIC's efforts to promote the adoption of innovative technologies across the financial sector" and to aid in bringing technological solutions to the underserved population.

Mr. Meghji is a co-founder of a financial technology company that provides community banks and credit unions with secure, cloud-native and artificial intelligence-based software. He is also a Carnegie Endowment for International Peace Cyber Policy Initiative nonresident scholar and has served as an advisor to the Treasury and the OCC.

Primary Sources

  1. FDIC Press Release: FDIC Appoints First Chief Innovation Officer

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