CHARLOTTE, N.C. – Bobby Bean has joined FORVIS as a managing director with the firm’s financial services advisory group. Bean comes to FORVIS after spending more than 30 collective years at the Federal Deposit Insurance Corporation (FDIC), where he led the federal agency’s international and domestic policy development for regulatory capital, capital markets and accounting.

Based in Charlotte, N.C., Bean will serve FORVIS clients nationwide by helping them navigate the changing regulatory and economic environment. He will assist clients in understanding regulatory and supervisory requirements and expectations and in optimizing governance, risk management and compliance strategies and processes.

Prior to joining FORVIS, Bean served as deputy director of the FDIC’s Division of Risk Management Supervision. In that role, he led the Capital Markets and Accounting Policy branch, served as a member of both the Basel Committee on Banking Supervision (BCBS) and the Network of Central Banks and Supervisors for Greening the Financial System (NGFS). He played a central role in facilitating the implementation of such landmark reforms as the Volcker Rule, over-the-counter derivatives margining requirements and the development of the Basel III regulatory capital standards. Bean also spearheaded the agency’s efforts in addressing climate-related financial risks and was involved with efforts to address regulatory concerns related to crypto asset–related activities. In addition to the FDIC, his other prior experience includes serving as a manager at the Federal Reserve Board and as a director at a large international accounting firm.

Upon his retirement from the FDIC earlier this year, agency chairman Martin Gruenberg called Bean “one of the most creative and effective public servants I have had the privilege to work with.”

“We are thrilled to welcome Bobby to our FORVIS team,” said William Rogers, Regulatory Advisory Leader with FORVIS. “Financial services regulatory change continues to play an increasingly important role in emerging ideas and technologies that will affect business models and increase complexity of compliance. It is important to FORVIS that we stay ahead of the curve in understanding how we can better enable our clients and our professionals to meet that change. Bobby is a rare talent that has had a front seat view to most of the regulatory issues facing the financial services industry today and is certainly going to make an immediate impact for FORVIS clients as they navigate these challenges.”

“It has been an honor to serve the public through helping the FDIC achieve its core mission of maintaining stability and public confidence in the U.S. financial system,” Bean said. “At FORVIS, I hope to continue this service by sharing and building upon the insights and perspectives that I have gained over the years to assist financial institutions to effectively manage new and emerging risks and respond to a dynamic economic and regulatory landscape.”

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