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| FHLBank Atlanta President and CEO announces retirement Federal Home Loan Bank of Atlanta (FHLBank Atlanta) CEO and President Raymond R. Christman has announced his retirement, effective Jan. 31, 2007. William Ott has been named Interim President and CEO, effective Feb. 1, 2007. During his tenure, Christman oversaw the Bank as it grew from $50 billion to $144 billion in assets and increased advances to members from $34 billion to $101 billion. In 2006, the Bank awarded a record number of Affordable Housing Program grants totaling $40.2 million to help build or preserve more than 6, 000 affordable housing units. William Ott is President of PEAC Ventures, Inc., a firm that advises corporate boards and executive management teams. Previously, Ott served on the Executive Managing Committees of VISA, St. George Bank (Australia) and the Bank of Boston. He has held senior positions at First Data Corp. and Bank of America. He currently serves as a Director and Chairman of the Audit Committee of E-TRADE Bank. write your comments about the article :: © 2007 Construction News :: home page |