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Press Release

For Immediate Release
March 1, 2006
 
One Senior Vice President, Four Vice Presidents Appointed at the Federal Home Loan Bank of San Francisco
 
San Francisco—The Board of Directors of the Federal Home Loan Bank of San Francisco has promoted Gregory P. Fontenot to Senior Vice President and Director of Human Resources; Roger Chemtob to Vice President, Asset Risk Management; Cecilia M. de Leon to Vice President and Assistant General Counsel; Marietta Núñez to Vice President, Community Lending; and Anne W. Yee to Vice President, Treasury Analysis and Capital Markets.
 
Mr. Fontenot plans and directs a broad spectrum of human resources strategies and policy development in support of the Bank’s business objectives. Mr. Fontenot began his career with the Bank as the Assistant Vice President, Compensation and Benefits in March 1996 and assumed the Vice President, Director of Human Resources role in August 2001. Prior to joining the Bank, he was the Director of Compensation and Benefits for CompuCom Systems, Inc.  He also held managerial and professional positions in Human Resources for Chief Auto Parts Inc., Western Federal Savings and Loan Association, and Southwest Bancshares, Inc.  Mr. Fontenot received his bachelor’s degree in Business Administration and Management from Lamar University in Beaumont, Texas. He holds the Senior Professional in Human Resources designation from the Human Resources Certification Institute - Society for Human Resource Management.     
 
Mr. Chemtob helps to manage the credit risk associated with the Bank’s mortgage securities and mortgage purchased assets, and assists in the implementation of the Enterprise Risk Management framework.  Prior to his current position, he was responsible for the Bank’s Unsecured Credit function, where he incorporated credit and portfolio modeling to monitor the credit quality of the unsecured portfolio. Mr. Chemtob earned his M.B.A. in Finance from University of South Carolina and a B.S. from State University of New York at Binghamton. 
 
Ms. de Leon provides legal counsel to the Bank primarily on legal and regulatory matters impacting the areas of credit, collateral, and membership.  Ms. de Leon joined the Bank in 1999 as an Assistant Vice President and Associate General Counsel.  Prior to joining the Bank, Ms. de Leon worked as an associate at the law firms of Wilson Sonsini Goodrich & Rosati, P.C., specializing in debt equity securities and secured commercial transactions, and Kelley Drye & Warren LLP, specializing in bankruptcy matters.  Ms. de Leon earned a B.A. in Economics/Business from the University of California at Los Angeles and a J.D. from the Boalt Hall School of Law at the University of California at Berkeley.
 
Ms. Núñez manages the Bank’s homeownership set-aside programs, the Individual Development and Empowerment Account (IDEA) program and the Workforce Initiative Subsidy for Homeownership (WISH) program, as well as the housing and economic development program, Access to Housing and Economic Assistance for Development (AHEAD). She is also responsible for developing new products and initiatives that address unmet community lending needs. Prior to joining the Bank, Ms. Núñez was a program manager and small business consultant for Women’s Initiative ALAS, a community loan fund serving low-income Hispanic women. She sits on the Advisory Committee of the San Francisco Chamber of Commerce’s Workforce Housing Loan Fund and the Advisory Board of the Women’s Foundation’s Kitchen Enterprise Incubator project. Ms. Núñez received an M.B.A. from the University of California at Los Angeles’ Anderson School of Management and a J.D. from the University Complutense of Madrid, Spain.
 
Ms. Yee develops tactical strategies for day-to-day management and decision making regarding the Bank’s liquidity profile and cash flow needs, investing needs, daily interest rate risk profile, and transfer pricing process.  Ms. Yee also monitors and researches capital market developments and opportunities to assist senior management in the development of financial policies and strategies. Ms. Yee joined the Bank in 1997 as Senior Financial Analyst and was promoted to Assistant Vice President in 2000, and then to her current position in December 2005. Before joining the Bank, she held various finance and risk management positions at Continental Bank, The Federal Reserve Bank of New York, and Wells Fargo Bank. Ms. Yee obtained a B.A. in Economics from the University of California at Los Angeles and an M.B.A. in Finance and Accounting from the University of Chicago.
 
The Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgages to people of all income levels and provide credit that supports neighborhoods and communities. The Bank also funds community investment programs that help members create affordable housing and promote community economic development. The Bank's members—its shareholders and customers—are commercial banks, credit unions, savings institutions, thrift and loans, and insurance companies headquartered in Arizona, California, and Nevada.

Contact:
Tracy Fine, (415) 616-2707
finet@fhlbsf.com





Federal Home Loan Bank of San Francisco

Press Release

For Immediate Release
March 1, 2006
 
One Senior Vice President, Four Vice Presidents Appointed at the Federal Home Loan Bank of San Francisco
 
San Francisco—The Board of Directors of the Federal Home Loan Bank of San Francisco has promoted Gregory P. Fontenot to Senior Vice President and Director of Human Resources; Roger Chemtob to Vice President, Asset Risk Management; Cecilia M. de Leon to Vice President and Assistant General Counsel; Marietta Núñez to Vice President, Community Lending; and Anne W. Yee to Vice President, Treasury Analysis and Capital Markets.
 
Mr. Fontenot plans and directs a broad spectrum of human resources strategies and policy development in support of the Bank’s business objectives. Mr. Fontenot began his career with the Bank as the Assistant Vice President, Compensation and Benefits in March 1996 and assumed the Vice President, Director of Human Resources role in August 2001. Prior to joining the Bank, he was the Director of Compensation and Benefits for CompuCom Systems, Inc.  He also held managerial and professional positions in Human Resources for Chief Auto Parts Inc., Western Federal Savings and Loan Association, and Southwest Bancshares, Inc.  Mr. Fontenot received his bachelor’s degree in Business Administration and Management from Lamar University in Beaumont, Texas. He holds the Senior Professional in Human Resources designation from the Human Resources Certification Institute - Society for Human Resource Management.     
 
Mr. Chemtob helps to manage the credit risk associated with the Bank’s mortgage securities and mortgage purchased assets, and assists in the implementation of the Enterprise Risk Management framework.  Prior to his current position, he was responsible for the Bank’s Unsecured Credit function, where he incorporated credit and portfolio modeling to monitor the credit quality of the unsecured portfolio. Mr. Chemtob earned his M.B.A. in Finance from University of South Carolina and a B.S. from State University of New York at Binghamton. 
 
Ms. de Leon provides legal counsel to the Bank primarily on legal and regulatory matters impacting the areas of credit, collateral, and membership.  Ms. de Leon joined the Bank in 1999 as an Assistant Vice President and Associate General Counsel.  Prior to joining the Bank, Ms. de Leon worked as an associate at the law firms of Wilson Sonsini Goodrich & Rosati, P.C., specializing in debt equity securities and secured commercial transactions, and Kelley Drye & Warren LLP, specializing in bankruptcy matters.  Ms. de Leon earned a B.A. in Economics/Business from the University of California at Los Angeles and a J.D. from the Boalt Hall School of Law at the University of California at Berkeley.
 
Ms. Núñez manages the Bank’s homeownership set-aside programs, the Individual Development and Empowerment Account (IDEA) program and the Workforce Initiative Subsidy for Homeownership (WISH) program, as well as the housing and economic development program, Access to Housing and Economic Assistance for Development (AHEAD). She is also responsible for developing new products and initiatives that address unmet community lending needs. Prior to joining the Bank, Ms. Núñez was a program manager and small business consultant for Women’s Initiative ALAS, a community loan fund serving low-income Hispanic women. She sits on the Advisory Committee of the San Francisco Chamber of Commerce’s Workforce Housing Loan Fund and the Advisory Board of the Women’s Foundation’s Kitchen Enterprise Incubator project. Ms. Núñez received an M.B.A. from the University of California at Los Angeles’ Anderson School of Management and a J.D. from the University Complutense of Madrid, Spain.
 
Ms. Yee develops tactical strategies for day-to-day management and decision making regarding the Bank’s liquidity profile and cash flow needs, investing needs, daily interest rate risk profile, and transfer pricing process.  Ms. Yee also monitors and researches capital market developments and opportunities to assist senior management in the development of financial policies and strategies. Ms. Yee joined the Bank in 1997 as Senior Financial Analyst and was promoted to Assistant Vice President in 2000, and then to her current position in December 2005. Before joining the Bank, she held various finance and risk management positions at Continental Bank, The Federal Reserve Bank of New York, and Wells Fargo Bank. Ms. Yee obtained a B.A. in Economics from the University of California at Los Angeles and an M.B.A. in Finance and Accounting from the University of Chicago.
 
The Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgages to people of all income levels and provide credit that supports neighborhoods and communities. The Bank also funds community investment programs that help members create affordable housing and promote community economic development. The Bank's members—its shareholders and customers—are commercial banks, credit unions, savings institutions, thrift and loans, and insurance companies headquartered in Arizona, California, and Nevada.

Contact:
Tracy Fine, (415) 616-2707
finet@fhlbsf.com



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