Fannie Mae announced that Ryan A. Zanin was elected to the board of directors. He has been appointed to the Risk Policy and Capital committee and the Strategic Initiatives and Technology committee.

Zanin has over 30 years of experience in financial services specializing in risk management. Zanin is the president and CEO of the Restructuring, Strategic Ventures and Insurance Group at GE Capital. Prior to this, he served as chief risk officer of GE Capital. Before joining GE Capital, Zanin served as managing director and chief risk officer, International Capital Markets, at Wells Fargo, and as chief risk officer, Corporate and Investment Bank at Wachovia. Previously, he was a member of the board of directors of the holding company for GE Capital, GECC and spent 14 years in leadership roles across Deutsche Bank AG and Bankers Trust.

Zanin joins an experienced and diversely skilled board that will help guide Fannie Mae as it fulfills its mission to provide access to safe, affordable mortgage financing in the U.S.

“We are extremely pleased to welcome Ryan to the Fannie Mae board of directors,” said Egbert L.J. Perry, chairman of the Board. “We will benefit from his vast experience, accomplished track record, and deep risk management and financial services expertise.”

“Ryan is yet another strong addition to our exceptional board of directors,” said Timothy J. Mayopoulos, president and CEO. “His deep expertise, broad financial services experience, and strong leadership qualities complement those of his peers on the board, and his appointment further demonstrates Fannie Mae’s commitment to be America’s most valued housing partner. We are fortunate to gain the advantage of all of Ryan’s capabilities as we continue to focus on serving our customers, expanding opportunities for homeowners and renters, and addressing today’s most critical housing challenges. His world-class risk management skills are highly valuable, as effectively managing and reducing risk is a key component of our important role in the market.”