Michael Rizzo

Michael Rizzo, Chief Risk Officer, is responsible for the oversight of the Bank's risk function, which includes market risk; operations and compliance risk; and credit risk to members, counterparties and structured credit. He is a member of all major committees in the Bank and is chair of the Risk Management Committee. Previously, Mr. Rizzo served as Chief Risk Officer for the U.S. residential mortgage lending unit of GMAC ResCap and Chief Credit Officer for Ally (GMAC) Bank. Previous experience includes 15 years of risk and portfolio management experience with various banks and seven years with the Office of the Comptroller of the Currency, where he was a commissioned National Bank Examiner. He holds a B.S. in Accounting from Bucknell University and also held a license as a Certified Public Accountant in Pennsylvania.