Fannie Mae announced that Ryan Zanin is joining the company as its executive vice president and chief risk officer, which became effective February 1. The role signifies the company’s sustained commitment to risk management in its drive to create a stronger, more stable housing market, Fannie Mae said in a press release.
Zanin is currently a member of Fannie Mae’s Board of Directors. In connection with his appointment as the company's chief risk officer, Zanin notified the company on Jan. 20, 2021 of his resignation from Fannie Mae’s board, effective Jan. 31, 2021.
“Ryan’s appointment as chief risk officer comes at a critical time for Fannie Mae. Risk management is a core function of managing our business. Filling this position with someone of Ryan’s caliber is key to meeting our mission to sustainably serve lenders, homebuyers, and renters, and provide liquidity through all market cycles,” Fannie Mae Chief Executive Officer Hugh Frater said in the release.
Zanin joins Fannie Mae with more than 30 years of experience in financial services, and more than 20 years of experience in risk management.
“I am grateful for Ryan’s service on Fannie Mae’s Board of Directors since 2016, and I’m pleased the company will continue to benefit from his extensive risk management experience and expertise in his new role,” Fannie Mae Chairwoman of the Board Sheila Bair said.