Federal Deposit Insurance Corporation
Office of Inspector General
Federal Deposit Insurance Corporation - Office of Inspector General

Meet the OIG Executives


Stephen Beard

Deputy Inspector General for Strategy and Performance

Steve Beard serves as the Deputy Inspector General for Strategy and Performance. In this role, he focuses efforts on strategic and organizational initiatives for the Office in order to achieve greater efficiency.  He also advises the IG on audit and evaluation matters.  

Prior to being selected for his present position, Mr. Beard was the Deputy IG for Audits and Evaluations, responsible for executive leadership of the OIG’s audits and evaluations.

Mr. Beard served in several other executive roles for the Office of Inspector General. He led the FDIC OIG’s Office of Material Loss Reviews that was temporarily established to address the unprecedented workload associated with bank failures during the financial crisis. Prior to the financial crisis, Mr. Beard had served as the Assistant Inspector General for Management and Evaluations.  In that role, he led the OIG’s strategic planning, human resource, and information technology operations. When first joining the FDIC OIG, Mr. Beard served as the Assistant Inspector General for Congressional Relations and Evaluations.    

Mr. Beard came to the FDIC after serving as the Special Assistant to the Inspector General and Director, Office of Inspections, at the RTC OIG from 1991 through 1995.  Prior to positions held with the FDIC and RTC, he was responsible for leading audits at the Department of the Treasury OIG.

He is a graduate of the University of Maryland.

Michael McCarthy

General Counsel

Mike McCarthy leads a team of attorneys who provide independent legal counsel and determinations to the Inspector General and the OIG.  Mr. McCarthy is a career public servant who has worked in all three branches of government. Before joining the FDIC OIG, he served as Acting Inspector General for the Export-Import Bank of the United States from 2014-2017, where he led an office that evaluated risk management and compliance and investigated bank fraud and money laundering cases.  He has also been a senior executive at the U.S. Department of the Treasury and the Administrative Conference of the United States, and previously served at the U.S. Department of Justice. For the U.S. House of Representatives, Mr. McCarthy served as general counsel to the Committee on Oversight and Government Reform and as staff director of that panel's Subcommittee on Government Management. He was law clerk to U.S. District Judge Leonie Brinkema (Eastern District of Virginia). Mr. McCarthy graduated with honors from Harvard Law School and received a B.A. from Georgetown University, where he was a Big East All-Academic swimmer.   

Terry Settle

Assistant Inspector General for Program Audits and Evaluations

Terry Settle serves as the Assistant Inspector General for Program Audits and Evaluations.  In this role, Ms. Settle is responsible for planning and managing audits and evaluations of FDIC’s programs and operations.  Ms. Settle  is a career public servant.  She served as the Acting Inspector General of the Export-Import Bank of the United States (EXIM) from September 2017 to August 2018.  In this role, Ms. Settle provided overall direction to teams of auditors, investigators, and inspectors responsible for improving the programs and operations of EXIM Bank and preventing and detecting fraud, waste and abuse.   Prior to becoming the Acting IG, Ms. Settle served for more than three years as the Assistant Inspector General for Audits at EXIM OIG.  Ms. Settle began her career as an auditor at the Small Business Administration Office of Inspector General (SBA OIG) and prior to her departure in 2014, served  as the Director of Credit Programs.  In this role, she was responsible for directing audits of SBA's loan and investment programs. Ms. Settle holds a B.S. in Accounting from Salisbury University and is a Certified Public Accountant in the State of Virginia.

Mark Mulholland

Assistant Inspector General for IT Audits and Cyber

Mark Mulholland serves as the Assistant Inspector General for IT Audits and Cyber. In this role, Mr. Mulholland is responsible for an office that conducts audits of IT risks and challenges – both internal to the FDIC’s own systems, and external to insured banks and the financial sector. His group also works to develop and leverage the OIG’s Data Analytics capabilities. Prior to assuming the role of AIG for IT Audits and Cyber, Mr. Mulholland served as the AIG for Audits, and was responsible for planning and managing a national program of audits focused on FDIC programs and operations.

Mr. Mulholland began his professional career in 1989 as an auditor with the U.S. General Services Administration’s (GSA) OIG. During his tenure at GSA, Mr. Mulholland performed audits of the agency’s Public Building Service.  In 1991, Mr. Mulholland was hired by the Resolution Trust Corporation’s (RTC) OIG to perform information technology and security related audits. Mr. Mulholland transitioned to the FDIC OIG in 1996, following the merger of the RTC and the FDIC. Mr. Mulholland has assumed increasing levels of responsibility within the FDIC OIG since that time.

Mr. Mulholland holds a Bachelor of Science degree in Accounting from the University of Scranton, Scranton, Pennsylvania, and is a Certified Public Accountant in the state of Virginia.

Matthew Alessandrino

Assistant Inspector General for Investigations

Matthew Alessandrino is the Assistant Inspector General for Investigations. His office conducts criminal investigations and law enforcement operations throughout the United States. Mr. Alessandrino has served with the FDIC OIG since January 2002. He supervises and oversees numerous open and closed bank investigations where allegations include the obstruction of bank examiners, bank fraud, securities fraud, bank embezzlement, misapplication, and money laundering.  Mr. Alessandrino and his staff routinely work in partnership with United States Attorney’s Offices, the Federal Bureau of Investigation, the United States Secret Service, the Treasury Inspector General, the Internal Revenue Service–Criminal Investigation Division, other Offices of Inspector General, and other state and local law enforcement entities.  

Mr. Alessandrino has spent his entire federal career in the Inspector General community. He joined the Nuclear Regulatory Commission OIG in 1991 where he was responsible for investigating allegations of fraud, waste and abuse in that agency’s programs. He then spent 6 years at the Social Security Administration OIG, beginning in 1996, where he served as Resident Agent-in-Charge of the Washington Field Office overseeing investigations relating to benefit fraud and identity theft.

Mr. Alessandrino earned a Bachelor of Business Administration degree with a concentration in Accounting and Finance from Saint Bonaventure University in 1989. He has attended numerous training classes during his career, and completed a leadership program at the U.S. Office of Personnel Management, Center for Executive Leadership, Federal Executive Institute, in 2004.

Debra Schweikert

Assistant Inspector General for Management

Debra Schweikert joined the FDIC from the Department of Education OIG in 2011 as the FDIC Assistant Inspector General for Management.  In that role, she leads staff that handles IT, budget, contracting, human resources, training, and records management activities for the OIG.  Ms. Schweikert began her career at the Department of Education as the Assistant Director of the Advisory Committee on Student Financial Assistance. She then moved to the policy director position on the Direct Loan Task Force. Ms. Schweikert subsequently spent 7 years in the Department of Education’s Chief Information Officer operation, serving in several senior capacities before starting with Education’s OIG in 2003 as Director of Evaluation and Inspection before being promoted to the Executive Officer/Director of Management position in 2006.

Prior to joining the federal workforce, Ms. Schweikert worked as Director of Program Reviews for a national student loan guarantor (USA Funds), Director of Loan Origination for the country’s largest student loan secondary market (SallieMae), and Deputy Director of the Louisiana Office of Student Financial Assistance, which provided student loans and scholarships for Louisiana residents.

Ms. Schweikert is active in the Training Officer’s Consortium, EPA’s Leadership Development program, and serves on the Board for both the FEI Alumni Association and the Capitol Chapter of the Association of Inspectors General.

She holds a Bachelor of Arts degree from Ohio Wesleyan University in humanities/classics and psychology, and a Master of Arts degree from The Ohio State University in counseling psychology.

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