John Bovenzi

John Bovenzi joined Oliver Wyman’s Financial Services Practice in June of 2009. He is a partner in the public policy area where he works on financial-market issues that impact both the public and private sectors. His work has included addressing corporate governance issues, failure-resolution planning, regulatory compliance, and bank funding issues. Before joining Oliver Wyman, Bovenzi served for over twenty years in senior level positions at the Federal Deposit Insurance Corporation (FDIC); the last ten as the deputy to the chairman and the chief operating officer. In the latter position he directed the day-to-day operations of the FDIC, including those related to bank supervision, deposit insurance, the resolution of insolvent banks and internal operations. During his career at the FDIC, Bovenzi was a principal advisor to nine FDIC chairmen. In 2008 he also served as the chief executive officer of IndyMac Federal Bank while it was owned and operated by the FDIC. From 1993 through 1999, Bovenzi was the director of the FDIC’s Division of Resolutions and Receiverships. In that position, he oversaw all of the FDIC’s bank closing and receivership management activities. From 1989 through 1992, Bovenzi served as the FDIC’s deputy to the chairman. At this time Bovenzi was instrumental in the start-up of the newly-created Resolution Trust Corporation (RTC). Prior to that appointment, he was the Deputy Director of the FDIC’s Division of Research and Statistics. Bovenzi joined the FDIC in 1981 as a financial economist. Bovenzi holds a bachelor's degree in economics from the University of Massachusetts, and master's and Ph.D. degrees in economics from Clark University. He is the author of numerous publications, and was the editor of “Managing the Crisis, the FDIC and RTC Experience.”