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Nebraska native Andrew C. “Skip” Hove Jr., former chairman of the Federal Deposit Insurance Corp., has joined Promontory Financial Group of Washington, D.C., as senior adviser to the chairman and CEO.
Hove, the former CEO of Minden (Neb.) Exchange Bank and chairman of the Nebraska Bankers Association, was on the FDIC’s board of directors from 1990 to 2001. He served as vice chairman and acting chairman.
He retired from the board in 2001 and joined the faculty of the University of Nebraska-Lincoln’s College of Business Administration.
Eugene A. Ludwig, Promontory’s founder, chairman and CEO, was U.S. Comptroller of the Currency from 1993 to 1998 and served with Hove on the FDIC board. Ludwig said Hove’s experience in dealing with economic downturns and regulatory issues will benefit the company’s clients.
Promontory advises financial companies on regulatory, risk, capital and other issues. Its leaders include former Federal Reserve Vice Chairman Alan Blinder and representatives from the United Kingdom, Japan, Australia, Canada, Italy and elsewhere.
Hove also is a director of Great Western Bank in Sioux Falls, S.D., and the Federal Home Loan Bank of Topeka, a board member of Neighborworks Lincoln and a trustee of the University of Nebraska Foundation.
Contact the writer: 444-1080, steve.jordon@owh.com
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