Fannie Mae Names Accomplished Risk Executive Ryan A. Zanin to the Board of Directors

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Sep 16, 2016, 02:12 ET

WASHINGTON, Sept. 16, 2016 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board: FNMA) today announced that Ryan A. Zanin has been elected to the Board of Directors. He has been appointed to the Risk Policy and Capital Committee and the Strategic Initiatives and Technology Committee. Mr. Zanin joins an experienced and diversely skilled Board that will help guide Fannie Mae as it fulfills its mission to provide access to safe, affordable mortgage financing in the United States.

"We are extremely pleased to welcome Ryan to the Fannie Mae Board of Directors," said Egbert L.J. Perry, chairman of the Board. "We will benefit from his vast experience, accomplished track record, and deep risk management and financial services expertise."

"Ryan is yet another strong addition to our exceptional Board of Directors," said Timothy J. Mayopoulos, president and chief executive officer. "His deep expertise, broad financial services experience, and strong leadership qualities complement those of his peers on the Board, and his appointment further demonstrates Fannie Mae's commitment to be America's most valued housing partner. We are fortunate to gain the advantage of all of Ryan's capabilities as we continue to focus on serving our customers, expanding opportunities for homeowners and renters, and addressing today's most critical housing challenges. His world-class risk management skills are highly valuable, as effectively managing and reducing risk is a key component of our important role in the market."

Mr. Zanin has over 30 years of experience in financial services specializing in risk management. Mr. Zanin is the president and CEO of the Restructuring, Strategic Ventures, and Insurance Group at GE Capital. Prior to this, he served as Chief Risk Officer of GE Capital. Before joining GE Capital, Mr. Zanin served as Managing Director and Chief Risk Officer, International Capital Markets, at Wells Fargo & Company, and as Chief Risk Officer, Corporate and Investment Bank at Wachovia Corporation. Previously, he was a member of the Board of Directors of the holding company for GE Capital, General Electric Capital Corporation, and spent 14 years in leadership roles across Deutsche Bank AG and Bankers Trust Company.

Mr. Zanin is a Chartered Financial Analyst and graduated from the Institute of Canadian Bankers and the Canadian Securities Institute.

Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit fanniemae.com and follow us on twitter.com/fanniemae.

SOURCE Fannie Mae