Federal Home Loan Bank announces two new top executives
BPC Staff Jun 7, 2019 | 7:55 pm
1 min read time
153 wordsAll Latest News, Banking and Finance, On the MoveJoelyn Jensen-Marren and Bill Bemis have been named to top spots at the Federal Home Loan Bank of Des Moines. Jensen-Marren was named chief financial officer and Bemis chief capital markets officer, a new position. Both will start their new jobs on Monday. The change in leadership follows an announcement made earlier this year that Joseph E. Amato, executive vice president and CFO, is leaving FHLB to pursue other opportunities. Jensen-Marren has been with FHLB for 20 years, beginning as a senior risk analyst. She also has experience in market risk, financial risk and portfolio strategy. In her new role, she will oversee accounting, strategic planning and financial controls teams. Bemis has more than 15 years of senior capital markets experience. As CCMO, he will oversee the treasury and portfolio strategy teams. The FHLB of Des Moines is a member-owned cooperative that provides funding solutions and liquidity to more than 1,350 financial institutions.