Jim Wigand is the Director of the Office of Complex Financial Institutions (OCFI), FDIC. The OCFI was created to better position the FDIC to carry out its new resolution responsibilities under the recently enacted Dodd Frank Wall Street Reform and Consumer Protection Act.
Prior to assuming this position, Wigand was the Deputy Director for Franchise and Asset Marketing, Division of Resolutions and Receiverships, FDIC, and oversaw the resolution of failing insured financial institutions and the sale of their assets from 1997 to 2010.
From 1995 to 1997, he was the Assistant Director for Capital Markets, Division of Depositor and Asset Services, FDIC.
Wigand served in various executive positions at the Resolution Trust Corporation from December 1989 until its closing in December 1995. During this period, he oversaw the Asset Management and Sales Division's loan and owned real estate management, seller financing, equity partnership and loan workout programs. He also had responsibility for receivership operations and the conclusion of RTC's conservatorship program.
Before RTC, Wigand worked in the Division of Liquidation, FDIC, the Federal Savings and Loan Insurance Corporation's Operations and Liquidation Division, and Ferris & Company.
Born in New York City, Wigand received a Bachelor of Science degree from the University of Maryland and a Master of Business Administration degree with a specialization in finance from the University of Chicago Graduate School of Business.