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Gruenberg joined the Federal Deposit Insurance Corporation (FDIC) board in 2005 and is currently the regulator's vice chairman.
Updated : Jun 11, 2011, 11:12 AM IST
President Barack Obama plans to nominate Martin Gruenberg to be the next chairman of the Federal Deposit Insurance Corp, a top US banking regulator, the White House said on Friday.
Gruenberg joined the Federal Deposit Insurance Corporation (FDIC) board in 2005 and is currently the regulator's vice chairman. The term of the current chairman, Sheila Bair, is up in June. The post requires Senate confirmation.