FHLBanks Office of Finance
Nnenna G. is a seasoned finance professional with extensive experience in financial reporting and accounting. Currently serving as Manager of Financial Reporting at FHLBanks Office of Finance since July 2013, Nnenna has previously held roles including Accounting Manager at The Siegfried Group, Manager of External/SEC Reporting at Discovery Communications, Senior Financial Reporting Accountant at American Capital Strategies, Ltd, and Audit Senior at Deloitte. Nnenna's career began with an internship at Arthur Andersen and included a summer accounting internship at Time Warner Cable. Nnenna holds an MBA in International Business & Management from Long Island University and a Bachelor of Science in Accounting and Management Information Systems from Miami University.
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FHLBanks Office of Finance
Located in Reston, Virginia, a suburb of Washington, D.C., the Office of Finance (OF) is operated on behalf of the 11 regional FHLBanks. Its primary function is to issue and service all debt securities for the FHLBanks, while obtaining the most cost-effective terms possible given current market conditions. Related activities include the compilation and publication of the combined financial statements, analysis and joint development of new funding opportunities, and educational outreach to inform investors and other interested parties about FHLBank debt products. These efforts can include investor road shows, sales conferences, adopting dealer/FHLBank recommendations, preparing brochures and educational materials, and enhancing the Office of Finance website. The OF also provides the FHLBanks with credit and general capital market information/data, and manages the relationship with the credit rating agencies. In addition, the OF administers two tax-exempt government corporations, the Financing Corporation (FICO) and the Resolution Funding Corporation (REFCORP).