Fannie Mae welcomes Mike Seelig to its Board of Directors

– USA, DC –   Fannie Mae (OTC: FNMA) today announced the appointment of Mike Seelig to its Board of Directors, joining a diverse and accomplished Board.

“We are very pleased to welcome Mike to the Fannie Mae Board of Directors. We will benefit greatly from his deep experience and robust financial management and reporting, risk management, and business strategy expertise,” said Board Chair, Mike Heid,.

CEO Priscilla Almodovar added, “Mike is another strong addition to our exceptional Board of Directors. His extensive financial services experience and strong leadership qualities are a great complement to those of his peers on the Board. Mike will help guide us as we continue advancing our mission to address the needs of homeowners and renters by providing financing to the residential mortgage market safely and soundly.”

Mike Seelig will also join the Audit Committee.

About Michael Seelig

Mike Seelig was a senior executive at PricewaterhouseCoopers LLP, where he was a partner from 1997 until his retirement in September 2022. Mr. Seelig has over 35 years of diverse experience principally serving clients in the financial services industry. In addition to helping companies navigate risk, regulatory, mergers and acquisitions, financial reporting, corporate governance, and strategy matters, Mr. Seelig served in a variety of leadership roles within PricewaterhouseCoopers, where he was responsible for driving various aspects of the firm’s strategy and operations in several national, market, and sector-based capacities.

Mr. Seelig is a licensed certified public accountant and a member of the American Institute of Certified Professional Accountants, or AICPA. Mr. Seelig currently serves or has served as a trustee or member of the Board of several civic, educational, and faith-based organizations.

About Fannie Mae

Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible.

SOURCE: www.fanniemae.com/news

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