FHFA Appoints Two New Faces to Key Positions

The ""Federal Housing Finance Agency"":http://www.fhfa.gov (FHFA) picked up two new appointees, duly announced by the independent federal agency Tuesday.

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Richard Hornsby will assume his new role as COO with the FHFA, while Jon Greenlee takes on the position of deputy director of the division of enterprise regulation.

""Having extensive large bank supervision and executive management experience, Messrs. Hornsby and Greenlee each bring outstanding backgrounds and skills to their new roles at FHFA,"" ""Edward DeMarco"":http://www.fhfa.gov/Default.aspx?Page=67, de facto director of the FHFA, said in a statement.

""Since the creation of FHFA and the establishment of the Conservatorships, FHFA has grown, as have the demands for strong oversight and experienced management,"" he

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added. ""These individuals bring expertise well matched to the tasks at hand.""

Hornsby arrives at his new role following 26 years with the Federal Reserve of San Francisco, where he occupied roles that included senior-level and supervisory positions. He previously acted as group VP and division head for the central bank's control, corporate administration, and financial planning divisions.

He previously served as supervising examiner with the division of banking supervision and regulation, a 10-year role that saw Hornsby oversee regulations for banks, bank holding companies, and nonbank entities. He received his bachelor's and master's degrees from Utah State University.

Greenlee takes on his new role with the FHFA from a previous spot with KPMG LLP, where he served as managing director with the financial services regulatory advisory practice.

He administered assistance to clients with areas of responsibility related to the Dodd-Frank Act and Basel II and III accords. His other experiences include roles with the Federal Reserve and Office of the Comptroller of the Currency. He earned his bachelor's degree from Indiana State University.

Hornby and Greenlee will each apprise themselves of their new roles in early December.