People on the Move: Cottrell Webster, FDIC
The Federal Deposit Insurance Corporation (FDIC) has announced the retirement of Cottrell Webster as the FDIC’s ombudsman, a role he has held since 2002. Gordon Talbot, an associate ombudsman, is serving as acting FDIC ombudsman until a permanent replacement is appointed. The FDIC office of the ombudsman is a confidential, neutral, and independent source of information and assistance to anyone affected by the FDIC in its regulatory, resolution, receivership or asset disposition activities.
Webster joined the FDIC in 1972 as an assistant bank examiner in the FDIC field office in Houston. Later he was promoted to a commissioned bank examiner and review examiner in the Dallas regional office. In 1985, he was appointed assistant regional director of the FDIC’s Chicago region and in 1994 he was appointed regional director of the Memphis region.