FHFA Director Melvin L. Watt said Galeano, who succeeds the retiring Fred Graham, will oversee the regulation and supervision of the 11 Federal Home Loan Banks (FHLBanks).
“I am pleased that Andre Galeano will be leading this outstanding division and our team of FHLBank examiners,” Watt said. “Andre’s experience at FHFA has prepared him well for this position and I look forward to working with him.”
Galeano previously served in various capacities at FHFA and a predecessor agency since 2002, having worked as associate director of examinations for the FHLBanks, associate director of credit risk for Fannie Mae and Freddie Mac, and examiner-in-charge of Fannie Mae.
Galeano received his Bachelor’s degree in Business Administration from Pace University and also graduated with distinction from the American Bankers Association’s Stonier Graduate School.
Watt commended Graham for his dedication to the agency.
“We are all extremely grateful to Fred for his outstanding years of service to FHFA during which he used his expertise and leadership to ensure the safety and soundness and mission focus of the FHLBank System,” Watt said. “I wish him all the best in his retirement.”