John C. Dugan
Board of Trustees
As comptroller, Mr. Dugan headed the agency that supervises over 1,500 national banks and federal branches of foreign banks, and also served on the Board of Directors of the Federal Deposit Insurance Corporation. During his five-year term, Mr. Dugan led the agency through the financial crisis and ensuing recession that resulted in extraordinary regulatory, supervisory, and legislative actions for national banks of all sizes, including government assistance provided under the Troubled Asset Relief Program (TARP); resolutions of large, mid-size, and community banks; the successful implementation of regulatory “stress tests”; and the enactment of the Dodd-Frank Act. He also served on the Basel Committee on Banking Supervision as it formulated “Basel III” regulatory requirements; chaired the Joint Forum of banking, securities, and insurance supervisors; and was an active participant at the Financial Stability Board. Earlier in his career, Mr. Dugan served as assistant secretary of the Treasury for Domestic Finance and Minority General Counsel to the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
Mr. Dugan joined the Financial Accounting Foundation (FAF) Board of Trustees in January 2013, and serves on the FAF’s Appointments and Evaluations Committee and Standard-Setting Process Oversight Committee. Mr. Dugan earned a bachelor’s degree from the University of Michigan and a J.D. from Harvard Law School.