Tim Mayopoulos has been appointed CEO of Silicon Valley Bank by the FDIC

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Tim Mayopoulos, the former CEO of Fannie Mae, has been selected by the Federal Deposit Insurance Corporation (FDIC) as the CEO of Silicon Valley Bank, a subsidiary of the defunct SVB Financial Group.

News Overview

  • Prior to joining StartupBlend, Mayopoulos was CEO of mortgage financier Fannie Mae for more than six years.

About Silicon Valley Bank

  • Establishment - 1983

  • Founder -Roger V Smith

  • President - Gregory W. Baker

  • Headquarters - Santa Clara, California (United States)

About the Federal Deposit Insurance Corporation (FDIC)

  • Formed -1933

  • Jurisdiction - United States federal government

  • Founder - Franklin D. Roosevelt

  • Headquarters - Washington, D.C. (United States)

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