September 28, 2021

MP Now News

Mortgage News

Federal Home Loan Bank of Boston appoints new president and CEO

Barrett joined FHLBB in November 2010 as Senior Vice President and Treasurer and was promoted to Executive Vice President and Treasurer in January 2019.

Prior to joining FHLBB, Barrett was Deputy Treasurer of FMR LLC, the parent company of Fidelity Investments, from September 2008 to October 2010; as Treasurer and Chief Investment Officer at Fidelity Personal Bank & Trust from August 2007 to September 2008; as Managing Director, Global Treasury at Investors Bank & Trust from September 2004 to July 2007; in various senior positions in treasury at FleetBoston Financial (including merged companies) from 1985 to 2004; and as an investment manager for Citibank, NA from 1981 to 1985.

“Tim is a dedicated and accomplished professional who has demonstrated exceptional leadership and deep commitment to the bank’s mission, financial success, affordable housing and economic development, and diversity and inclusion efforts during his 10+ year tenure “, Said Martin Geitz, chairman of the board of the FHLBB. “His member-centric approach to the bank’s business will skillfully guide the organization through these challenging times and add value to membership.”

“I am honored to take on this new role as President and CEO of FHLBB and I am excited to have the opportunity to work with a focused team and board to meet the needs of our members who support communities across New England,” said Barrett .