FHLBanks Office of Finance
Tom Lotito has extensive experience in diversity, equity, and inclusion across various organizations. Currently serving as the Manager of Diversity, Inclusion, and Outreach at FHLBanks Office of Finance since February 2023, Tom previously held the position of Diversity, Equity, and Inclusion Manager at Eversheds Sutherland, where responsibilities included managing communications and development programs for diverse populations. Notably, Tom launched the inaugural diversity and inclusion program at The Henry M. Jackson Foundation and served as a founding board member of Pride in Federal Service, fostering connections among LGBTQ+ federal employees. With a background as Diversity and Inclusion Program Manager at the U.S. Department of the Treasury, Tom spearheaded initiatives to enhance intercultural competence and inclusion across various departments. Educationally, Tom holds a Bachelor of Arts in Japanese Language and Literature from The George Washington University, supplemented by studies at Nanzan 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).