William M. Isaac
- Senior Managing Director-Global Head of Financial Institutions
- T: +1 202 312 9100
- F: +1 202 312 9101
- 1101 K Street NW
- Suite B100
- Washington, DC, 20005
- United States
- T: +1 202 312 9100
- F: +1 202 312 9101
- LLD., (Honorary), Miami University, Oxford, Ohio
- J.D., summa cum laude, College of Law, The Ohio State University
- B.S., Business Administration, Economics, Miami University
- Former Chairman, Board of Directors, Fifth Third Bancorp
- Member, Board of Directors, Total System Services (TSYS)
- Chairman, Isaac Family Property Companies
- Member, Board of Directors of BankCap Investment Fund
- Member, Bretton Woods Committee
- Member, Board of Directors of the Ringling College of Art & Design, Sarasota, Florida
- Life Member, Board of Directors, The Ohio State University Foundation
- Member of Kentucky, Wisconsin, District of Columbia and American Bar Associations
- Corporate Finance
- Corporate Governance
- Expert Testimony
- Lender Advisory
- Mergers & Acquisitions Advisory
- Financial Institutions
William M. Isaac is a Senior Managing Director at FTI Consulting and is based in Sarasota. Mr. Isaac serves as Global Head of the Financial Institutions practice, which provides regulatory counseling and risk management services, strategy consulting, expert testimony and corporate governance consulting.
Prior to joining FTI Consulting, Mr. Isaac founded The Secura Group, a leading financial institutions consulting firm in 1986. Secura was acquired by FTI Consulting in 2011.
Mr. Isaac was formerly a senior partner of Arnold & Porter, which was a founding partner of The Secura Group. Mr. Isaac left the firm in 1993 when Secura purchased Arnold & Porter’s interest in the firm.
Prior to forming Secura, Mr. Isaac headed the Federal Deposit Insurance Corporation (FDIC) during the banking crisis of the 1980s, serving under Presidents Carter and Reagan from 1978 through 1985. Mr. Isaac served as chairman of the FDIC during one of the most tumultuous periods in U.S. banking history. He was appointed to the board of the FDIC by the President at the age of 34, making him the youngest FDIC board member and chairman in history. Mr. Isaac also served as chairman of the Federal Financial Institutions Examination Council, as a member of the Depository Institutions Deregulation Committee, and as a member of the Vice President's Task Group on Regulation of Financial Services.
Before his appointment to the FDIC, Mr. Isaac served as Vice President, General Counsel and Secretary of First Kentucky National Corporation and its subsidiaries, including First National Bank of Louisville and First Kentucky Trust Company.
Mr. Isaac began his career with Foley & Lardner where he practiced general corporate law specializing in banking law, primarily regulatory affairs, including securities matters, acquisitions and branching and antitrust law.
Mr. Isaac is involved extensively in thought leadership relating to the financial services industry. He is the author of Senseless Panic: How Washington Failed America with a foreword by legendary former Federal Reserve Chairman Paul Volcker. Senseless Panic provides an inside account of the banking and S&L crises of the 1980s and compares that period to the financial crisis of 2008-2009. Mr. Isaac’s articles are published in the Wall Street Journal, Washington Post, New York Times, American Banker, Forbes, Financial Times, Washington Times, and other leading publications. He also appears regularly on television and radio, testifies before Congress and is a frequent speaker before audiences throughout the world.
Mr. Isaac serves as a member of the board of Total Systems Services, a leading world-wide payments system processing company and is former Chairman of Fifth Third Bancorp, one of the nation’s leading banking companies. Mr. Isaac is a former member, board of directors of MPS Group prior to its sale to Adecco; former member of the board of directors of Trans Union Corporation; former member, board of directors of The Associates prior to its sale to CitiGroup; former chairman, board of directors, Goodwill Industries, Sarasota; former member, board of directors of Amex Centurion Bank; former member, board of directors, Community Foundation of Sarasota, Florida; former member, board of directors, Out-of-Door Academy, Sarasota, Florida; and former member, board of trustees, Miami University Foundation.
Mr. Isaac received a Distinguished Achievement Medal in 1995 from Miami University and a Distinguished Alumnus Award in 2013 from The Ohio State University.