Wednesday - December 4, 2024
Office of Finance Announces Departure of Chief Executive Officer and Appointment of Interim Chief Executive Officer
December 03, 2024
WASHINGTON, Dec. 3 -- The Federal Home Loan Bank System's Office of Finance issued the following news release on Dec. 2, 2024:

The Federal Home Loan Banks (FHLBanks) Office of Finance (OF) announced today that Randy Snook, Chief Executive Officer (CEO), will depart to become President and CEO of the FHLBank of New York, effective February 3, 2025. The OF Board of Directors (Board) has named John Gerli, Chief Capital Markets Officer, as interim CEO, effective upon Mr. Snook's departu . . .

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