A press release announcing the new president and CEO of Martha's Vineyard Savings Bank describes the bank's new chief as someone who "has worked closely with bank regulators throughout his career."
A Vineyard Gazette article about the leadership transition quotes the bank's chief financial officer and interim CEO, Thomas Sharkey, as saying that the new CEO "has experience in dealing with regulators." The newspaper says that the bank needed FDIC approval for its selection of the new president and CEO.
This is where we're at now with banking in America — the regulators are choosing the bank executives, and the bank executives are being chosen for their experience in dealing with regulators. This may be a slightly unusual example, but it may not be all that unusual.