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Fed Names a New Chief Regulator

By Luca Di Leo
Published November 30 2011 Wall Street Journal

The Federal Reserve said Wednesday that Michael Gibson would take over as director of its regulatory division, a key role as the U.S. central bank implements the Dodd-Frank financial overhaul law. Mr. Gibson, 45 years old, a deputy chief at the Fed's economic research department with expertise in risk management and financial markets, will take on his new role at the start of next year. He succeeds Patrick Parkinson, 59, who is retiring after more than 30 years at the central bank.

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