FDIC officer reshuffle as Wigand retires

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The Federal Deposit Insurance Corporation (FDIC) has announced the retirement of James Wigand, director of the Office of Complex Financial Institutions, following a 32-year career in federal government.

Wigand will leave his post on July 28, but will remain as a senior adviser in the office of the chairman until September 30.

Wigand will be succeeded by Arthur Murton, who is currently director of the FDIC's division of insurance and research (DIR). He became the first director of the division of

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