William M. Isaac is a Senior Managing Director at FTI Consulting and is based in Sarasota. Mr. Isaac is in the Forensic & Litigation Consulting segment, 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 institution consulting firm in 1986. Secura was acquired by FTI Consulting in 2011. Formerly, he was 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.