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Appraiser News

Fannie Mae elects new member to board of directors

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Appraiser News
Thursday, November 21, 2013

Fannie Mae, the nation’s leading source of residential mortgage credit in the U.S. secondary market, announced on Nov. 14 that its board of directors has elected Diane Nordin to join the company’s board. Nordin, 55, a seasoned asset management executive, will complement other members’ areas of expertise and strengthen the board’s governance of Fannie Mae as the company works to create a safer, more transparent and sustainable housing finance system, Fannie Mae said.

“Ms. Nordin brings to the board a deep and broad understanding of the global markets and excellent fixed income investment experience,” said Philip Laskawy, chairman of the Fannie Mae board. “Her experience coupled with her pragmatic approach will be valuable as we continue to strengthen the company and improve the housing finance system.”

Nordin most recently spent a year as a fellow at the Advanced Leadership Initiative at Harvard University. Prior to her time at Harvard, she spent twenty years at Wellington Management Company LLP, a private asset management company, where she served as a partner from 1995 to 2011. She served in many global leadership roles at Wellington, most notably as head of Fixed Income, vice chair of the Compensation Committee and audit chair of the Wellington Management Trust Company. Previous positions at Wellington include director of Global Relationship Management and director of Fixed Income Product Management.

Nordin graduated from Wheaton College with a Bachelor of Arts degree, with a concentration in biology. She was also a participant in the Harvard Business School Leading Professional Service Firms program.

Nordin currently serves as a trustee of Wheaton College, where she is an Audit Committee member and chair of the Investment Committee. She is also a board member of the Vineyard Nursing Association of Martha's Vineyard, a director of the Appalachian Mountain Club and a foundation board member of the Massachusetts College of Art and Design.

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