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

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.