US FDIC names director of new office of professional conduct

FILE PHOTO: The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters in Washington

NEW YORK (Reuters) – The Federal Deposit Insurance Corporation said on Wednesday its Board of Directors has approved the appointment of Hansel Cordeiro as director of a new Office of Professional Conduct. 

The appointment follows a scandal involving allegations of widespread sexual harassment and other misconduct at the agency.

(Reporting by Chris Prentice; Editing by Chris Reese)