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Fannie Mae’s Board Elects Asset Management Veteran

Diane Nordin, a seasoned asset management executive, has joined ""Fannie Mae's"":http://www.fanniemae.com/portal/index.html board of directors, the company announced.

Nordin most recently spent a year as a fellow at the Advanced Leadership Initiative at Harvard University.

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Before that, she worked for 20 years at Wellington Management Company, a private asset management firm, where she served as a partner from 1995 to 2011. Throughout her career there, she worked in many global leadership roles, most notably as head of fixed income, vice chair of the Compensation Committee, and audit chair of the Wellington Management Trust Company.

In addition to her other work, she currently serves as a trustee of Wheaton College, where she is an Audit Committee member and chair of the Investment Committee. She is also a board member of the Vineyard Nursing Association of Martha's Vineyard, a director of the Appalachian Mountain Club, and a foundation board member of the Massachusetts College of Art and Design.

""Ms. Nordin brings to the Board a deep and broad understanding of the global markets and excellent fixed income investment experience,"" said Philip A. Laskawy, chairman of Fannie Mae's board. ""Her experience coupled with her pragmatic approach will be valuable as we continue to strengthen the company and improve the housing finance system.""

About Author: Tory Barringer

Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.
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