FTI Consulting Appoints William M. Isaac as Head of its Financial Institutions Practice
WEST PALM BEACH, Fla., April 25, 2011 /PRNewswire/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, expands its financial services industry team through the appointment of William M. Isaac as senior managing director and head of the Financial Institutions Group within FTI Consulting. Mr. Isaac and his team join FTI Consulting as part of the recently announced acquisition of certain key practices of LECG Corporation.
Mr. Isaac will lead the Financial Institutions Group in assisting financial institutions in a variety of areas including enterprise risk management, corporate governance, loan review, due diligence, liquidity management, stress testing, capital and loss reserve modeling, strategic planning and regulatory compliance and relations. Mr. Isaac is joined by senior leaders of his team - Mike Mancusi, Jeff Curry, John Maher and Mary Somerville.
Commenting on the appointment, Jack Dunn, President and Chief Executive Officer, FTI Consulting, said, "Bill Isaac is a true icon in banking, and we are thrilled to have him lead this strategically important practice within our firm. Bill and his team bring complementary expertise to the broad range of services we currently provide financial institutions, as well as longstanding and deep relationships with senior leaders within these firms."
Mr. Isaac previously founded the Secura Group, a leading financial institutions consulting firm that was acquired by LECG in 2007. Prior to forming Secura, Mr. Isaac headed the Federal Deposit Insurance Corporation (FDIC) during the banking crisis of the 1980s, serving under Presidents Carter and Reagan from 1978 through 1985. Mr. Isaac also serves as Chairman of Fifth Third Bancorp, one of the nation's leading banking companies. Mr. Isaac is involved extensively in thought leadership relating to the financial services industry and provides advice to policymakers worldwide. He is the author of Senseless Panic: How Washington Failed America, published by Wiley & Sons, with a foreword by former Federal Reserve Chairman Paul Volcker.
About FTI Consulting
FTI Consulting, Inc. is a $1.5 billion global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in most major business centers in the world, the firm works closely with clients every day to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, and restructuring. More information can be found at www.fticonsulting.com.
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SOURCE FTI Consulting