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BANKING & FINANCE - Dec. 24, 1993

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From Times Staff and Wire Reports

S&L; Bailout Agency Names New Interim Head: Jack Ryan, a longtime banking and thrift regulator, was appointed acting head of the Resolution Trust Corp., the agency overseeing the savings and loan bailout, the Treasury Department said. Deputy Treasury Secretary Roger C. Altman said Ryan will become the RTC’s interim deputy chief executive on Jan. 4 and manage the agency’s day-to-day operation until a permanent CEO is confirmed by the Senate. Ryan has been Southeast regional director of the Office of Thrift Supervision since 1989. He previously served as acting president of the Federal Home Loan Bank of Boston and director of the Federal Reserve’s banking supervision and regulation division.

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