ABOUT WILLIAM ISAAC

William M. Isaac CV

William “Bill” Isaac served as Chairman of the FDIC during one of the most tumultuous periods in US banking history. Some 3,000 banks and thrifts failed during the 1980s, including Continental Illinois and nine of the ten largest banks in Texas. President Carter appointed Bill Isaac to the board of the FDIC. He was confirmed by the Senate at the age of 34. President Reagan named him Chairman of the FDIC two years later, making him the youngest FDIC board member and Chairman in history. Bill Isaac also served as Chairman of the Federal Financial Institutions Examination Council (1983-85), as a member of the Depository Institutions Deregulation Committee (1981–85), and on the Vice President’s Task Group on Regulation of Financial Services (1984).

Bill Isaac is currently Chairman and principal owner of two premier consulting firms, the Secura/Isaac Group and Blue SaaS Solutions (www.SecuraIsaac.com and www.BlueSaas.com). He is a member of the boards of directors of Emigrant Bank and New York Private Bank & Trust and serves as Chairman of Sarasota Private Trust and Cleveland Private Trust, all of which are owned by Howard Milstein and his family.

After completing his service as Chairman of the FDIC at the end of 1985, Bill Isaac founded The Secura Group, a leading consulting firm, which he sold in 2008. He served as Chairman of the Board of Fifth Third Bancorp, one of the nation’s leading banks, and worked as Senior Managing Director at FTI Consulting from 2011 to 2019. He then joined Howard Milstein in the financial services business. Bill Isaac is a former board member at TSYS, a leading payment processing company that today is part of Global Payments. He has served on the boards of Amex Bank, The Associates (a finance company formerly owned by Ford Motor Company), credit reporting company TransUnion, and staffing firm MPS Group.

Bill Isaac is involved extensively in thought leadership relating to the financial industry. He is the author of ‘Senseless Panic: How Washington Failed America’ with a foreword by legendary former Federal Reserve Chairman Paul Volcker. ‘Senseless Panic’ provides an inside account of the banking and savings and loans crises of the 1980s and compares that period to the financial crisis of 2008/2009. Bill Isaac’s articles appear in the Wall Street Journal, the Washington Post, the New York Times, American Banker, Forbes, the Financial Times, the Washington Times, and other leading publications. He appears regularly on television and radio, testifies before Congress, and is a speaker before audiences throughout the world (www.WilliamIsaac.com).

Bill Isaac was formerly a senior partner at Arnold & Porter, which was a founding partner of The Secura Group. He left the firm in 1993 when Secura purchased Arnold & Porter’s interest in the firm. Before his appointment to the FDIC, Bill Isaac served as vice president, general counsel and secretary of First Kentucky National Corporation and its subsidiaries, including First National Bank of Louisville and First Kentucky Trust Company. He began his career with Foley & Lardner where he practiced general corporate law specializing in banking law.

Bill Isaac received a Distinguished Achievement Medal in 1995 from Miami University and a Distinguished Alumnus Award in 2013 from Ohio State University. He is a former member of the Board of Directors of the Miami University Foundation and is a Life Member of the Board of Directors of the Ohio State University Foundation. Bill co-founded in 2016, with his former classmate, the William Isaac & Michael Oxley Center for Business Leadership at Miami University.

 

EDUCATION:

  • LLD (Honorary), Miami University, Oxford, Ohio
  • JD, summa cum laude, College of Law, The Ohio State University, Columbus, Ohio
  • B.S., Miami University, Oxford, Ohio

 

PROFESSIONAL AFFILIATIONS:

  • Chairman, Secura/Isaac Group

  • Chairman, Blue SaaS Solutions
  • Member, Boards of Directors, Emigrant Bank and New York Private Bank & Trust

  • Chairman, Sarasota Private Trust

  • Chairman, Cleveland Private Trust

  • Former Chairman, FDIC (1978-1986)

  • Former Chairman, Board of Directors, Fifth Third Bancorp

  • Former Member, Board of Directors, Total System Services (now GPN)

  • Former Member, Board of Directors of Amex Bank

  • Former Member, Board of Directors of Transunion

  • Former Member, Board of Directors, The Associates

  • Former Member, Board of Directors of MPS Group (now Addeco)

  • Chairman, Isaac Family Property Companies

  • Life Member, Board of Directors, The Ohio State University Foundation

  • Life Member, Board of Directors of Miami University Foundation
  • Member, Board of Directors of BankCap Investment Fund
  • Member, Board of Directors of the Ringling College of Art & Design, Sarasota, Florida
  • Member of Kentucky, Wisconsin, District of Columbia and American Bar Associations