FHLBanks Office of Finance
Sohrab Aidun is a seasoned IT professional with extensive experience in system engineering and administration, currently serving as a Senior System Engineer at FHLBanks Office of Finance since May 2021. Previous roles include Systems Engineer at Amazon, Senior DevOps Engineer at Ntrepid Corp, and Senior System Engineer at NeuStar, Inc. Notable positions also include Senior Sys Engineer at America Online (AOL) and System Engineer IV at Comcast. Sohrab's career began as a UNIX System Administrator at ACS and a Consultant at Collective Technologies, providing expertise in various UNIX platforms. Sohrab Aidun holds two Bachelor of Science degrees in Mechanical Engineering from Clarkson University.
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).