Fannie Mae is hiring Anthony Moon, presently an government at Morgan Stanley, as its new government vp and chief threat officer, efficient within the fourth quarter.
Moon can be answerable for enterprise threat administration, overseeing the corporate’s governance and technique for world threat administration. As well as, he can be a member of Fannie Mae’s administration committee and report back to President and Interim CEO David Benson.
Andrew Brammer has been serving as interim CRO since April when Ryan Zanin left Fannie Mae after just a little bit greater than a yr within the place to take the identical title at Australian financial institution Westpac.
“With practically 30 years of deep expertise in market, credit score, operational and compliance threat, Anthony is properly positioned to steer our threat administration technique, a core perform of Fannie Mae’s enterprise and very important to sustaining the corporate’s security and soundness,” Benson stated in a press launch.
Moon heads threat administration for Morgan Stanley’s Wealth Administration and Non-public Financial institution division, a enterprise that oversees $5 trillion in shopper property.
Previous to becoming a member of Morgan Stanley, Moon had served at GE Capital for practically six years, holding the function of chief working officer — threat administration in his final 20 months, in accordance with his LinkedIn profile.
Moon additionally labored because the chief threat officer at Financial institution of Tokyo-Mitsubishi UFJ for 11 years and at Bankers Belief for 12.
“I am honored to be getting into such a important function at Fannie Mae,” stated Moon. “I look ahead to collaborating with my colleagues and the board of administrators to refine and maintain a powerful tradition of threat administration and oversight, and proceed Fannie Mae’s mission to help renters and householders throughout the USA.”