Home / Daily Dose / Freddie Mac Names New HR Head, Chief Diversity Officer
Print This Post Print This Post

Freddie Mac Names New HR Head, Chief Diversity Officer

Government-sponsored enterprise Freddie Mac this week announced experienced personnel-management professional Dionne Wallace Oakley will serve as its SVP, Chief Human Resources Officer (CHRO), and Chief Diversity Officer (CDO).

In this role, the insurance industry veteran will be a member of the company's senior operating committee and will report directly to Freddie Mac CEO Michael DeVito, who commented on her appointment via press release.

“It is with great pleasure that we announce Dionne Wallace Oakley as our next head of Human Resources and Chief Diversity Officer,” DeVito said. “Ms. Wallace Oakley has extensive experience across the insurance and financial services industry, and she will be at the forefront of many very important initiatives for the company, including talent acquisition, leadership development, and our diversity, equity, and inclusion efforts. I thank Angela Locke for her dedication to our company by serving in an interim role for the past seven months.”

Wallace Oakley brings more than 20 years of human resources experience to Freddie Mac, most recently serving as EVP, Human Resources and Strategy at Erie Insurance. In that role she oversaw human resources, strategic communications, strategy, and privacy. She also spent more than two decades at State Farm Insurance where she progressed through multiple positions and disciplines ranging from underwriting, public affairs, and auto claims to human resources.

“I am excited to join Freddie Mac at this critical moment for the company and our country,” said Wallace Oakley. “I’m looking forward to supporting Freddie Mac’s strong culture and talented workforce as we seek to address important issues of diversity, equity and inclusion we face as a nation. I’m also pleased to contribute to the company’s mission of making home possible for millions of homeowners and renters from every background.”

Wallace Oakley, whose first day at Freddie Mac is slated for September 15, is active in the community, a member of the Delta Sigma Theta Sorority, Inc., and a member of the HR Policy Association, the lead public policy organization of CHROs.

Wallace Oakley is the GSE's third major executive hire in the past few months—MichaelDeVito took over as CEO in June and last month it promoted Jerry Mauricio to Chief Compliance Officer.

About Author: Christina Hughes Babb

Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Contact Christina at christina.hughesbabb@thefivestar.com.

Check Also

DS5: Top Post-Pandemic Priorities for Servicers

DS5: Inside the Industry returns with Freddie Mac’s Kevin Palmer discussing a critical issue facing hundreds of thousands of homeowners and the professionals assisting them.

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.