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Donald E. Powell

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Donald E. Powell

Donald E. Powell
Chairman of the Federal Deposit Insurance Corporation
In office
August 29, 2001 – late 2005
President George W. Bush
Preceded by Donna Tanoue
Succeeded by Sheila Bair
Personal details
Born Donald E. Powell
(1941-05-02) May 2, 1941
Texas
Nationality American
Spouse(s) Twanna Powell
Alma mater West Texas State University
Occupation Banker

Donald E. Powell (born May 2, 1941) became the 18th Chairman of the U.S. Federal Deposit Insurance Corporation (FDIC) on August 29, 2001, and served through late 2005. He resigned to become Federal Coordinator of Gulf Coast recovery efforts following Hurricanes Katrina and Rita.

Prior to being named Chairman of the FDIC by George W. Bush, Powell was President and CEO of The First National Bank of Amarillo, TX. He began his banking career in 1963 at First Federal Savings & Loan of Amarillo.

Powell has served on a variety of boards, most notably as Chairman of the Board of Regents of the Texas A&M University System, Advisory Board Member of the George Bush School of Government and Public Service, and Chairman of the Amarillo Chamber of Commerce. Powell has also been a member of the City of Amarillo Housing Board and the boards of the Franklin Lindsay Student Aid Fund, the Cal Farley's Boys Ranch, High Plains Baptist Hospital, and the Harrington Regional Medical Center.

Powell received his Bachelor of Science degree in Economics from West Texas State University and is a graduate of The Southwestern Graduate School of Banking at Southern Methodist University.

External links

  • Brief FDIC bio
  • Press Release upon Powell's swearing-in as FDIC chair, August 29, 2001
  • Press Release upon Powell's FDIC chair resignation
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