Fannie Mae announced new leadership roles on Wednesday for three key existing leaders at the government-sponsored enterprise. It appointed chief operating officer Peter Akwaboah as acting CEO while the company searches for a permanent chief executive.
According to a press release, the leadership roles are effective immediately.
Akwaboah joined Fannie Mae from Morgan Stanley, where he served as chief operating officer for global technology. He brings more than 30 years of experience in financial services, including previous roles at the Royal Bank of Scotland, Deutsche Bank, KPMG and IBM.
Akwaboah will continue to oversee Fannie Mae’s COO division. He will details ⇒
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