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He is Senior Advisor to the Financial Stability Institute (FSI), of which he was the founding chairman in 1999. The FSI is a joint initiative of the Swiss-based Bank for International Settlements and the Basel Committee on Banking Supervision, whose mission is to promote better and more independent supervision of the banking, capital markets and insurance industries by supervisory authorities around the globe, primarily for supervisors of transitional and emerging growth economies. From 1984 to 1999, Mr. Heimann acted as chairman of the Financial Institutions Group of Merrill Lynch & Company, and also served as member of the firm’s Executive Committee. Prior to that, Mr. Heimann served as United States Comptroller of the Currency. In this capacity, he was a member of the Board of Directors of the FDIC, and was acting chairman for one year. He chaired the Federal Financial Institutions Examinations Council. Prior to becoming Comptroller, Mr. Heimann was appointed Superintendent of Banks of New York State and Commissioner of Housing of Community Renewal of New York State. In 1967, he was a founding partner of the private equity firm of Warburg, Pincus LLC. He is a director and trustee of the Urban Assembly; treasurer and trustee of the Nasher Foundation; director of The American Ditchley Foundation; and a member of the Group of Thirty. Additionally, he is a member of the board of directors of Interaudi Bank and Newsmith Capital Group. Mr. Heimann is a member of the Council on Foreign Relations.