WASHINGTON–The Federal Deposit Insurance Corp. has launched a new Office of Supervisory Appeals that will serve as the agency’s independent body for reviewing appeals of material supervisory determinations made by FDIC examiners, the agency announced.
According to the FDIC, the new Office of Supervisory Appeals (OSA) replaces the Supervision Appeals Review Committee as the agency’s highest level of review for material supervisory determinations. The standalone office is staffed by independent reviewing officials responsible for considering and resolving appeals filed by FDIC-supervised financial institutions.
The office becomes operational following the FDIC Board of Directors’ approval on Jan. 22, 2026, of amendments to the agency’s Guidelines for Appeals of Material Supervisory Determinations. Those changes took effect with the launch of the new office, the FDIC said.
Members of Panel
The agency also announced the appointment of three officials who will serve as independent reviewers on the OSA panel:
- Tim Ayala, a former FDIC senior leader and banking executive, most recently served as executive vice president and chief risk officer at Pinnacle Financial Partners, a Nashville-based institution with approximately $54 billion in assets. During his FDIC career, Ayala served as a commissioned risk management examiner and held leadership positions in Washington and four regional offices, including assistant regional director and examiner-in-charge of a large financial institution. His private-sector experience also includes serving as senior vice president and regulatory relations officer for a fintech lender.
- John Conneely, a former FDIC senior executive, brings 35 years of experience in bank supervision and regulation. He joined the FDIC as a commissioned bank examiner in New York in 1989 and later served in several senior leadership roles, including division director of the Division of Complex Institutions Supervision & Resolution, Chicago regional director and deputy regional director for the New York Region. He also served as a banking policy advisor in the U.S. Treasury Department’s Office of International Banking and Securities Markets.
- Duke Sheow has more than 30 years of experience in financial institution supervision, enterprise risk management and banking regulation. Most recently a senior managing director at PwC, Sheow previously held executive positions at several banks and served as a senior commissioned examiner with both the FDIC and the Federal Reserve Bank of San Francisco. The FDIC said he helped develop the Federal Reserve’s Fintech Supervisory Program and has extensive experience evaluating supervisory determinations, enforcement actions, civil money penalty matters and emerging supervisory risks.
The FDIC also issued a Financial Institution Letter outlining procedures for FDIC-supervised institutions seeking to appeal material supervisory determinations through the new Office of Supervisory Appeals, according to the agency.
