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News Now

Washington
NCUA names Fazio deputy executive director
ALEXANDRIA, Va. (3/14/08)—The National Credit Union Administration
Larry Fazio during a June 21, 2007 monthly NCUA Board meeting. (Photo provided by CUNA)
(NCUA) has named Larry Fazio to be its deputy executive director, assisting Executive Director Leonard Skiles in managing the daily operation of the agency. Fazio, who has been with the agency for more than 17 years, is currently deputy director of the NCUA’s office of examination and insurance (E&I). In announcing the appointment, NCUA’s Skiles said of Fazio, “(H)e has played a crucial role in helping ensure the safety and soundness of the credit union system. His tireless work on a variety of issues ranging from examinations to capital reform has placed him at the pinnacle of his profession, and I am pleased that he will continue to contribute to the agency in this new capacity.” Fazio began with the NCUA in 1991 as an examiner. He was selected as a supervision analyst in what was then Region IV in 1996 and in 1999 became supervisory examiner in Region IV, a position he held until his selection as director of supervision, also in Region IV. In 2002, Fazio was selected to be the director of risk management in E&I and was then promoted to his current position as deputy director in 2006.


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