FHLBanks Office of Finance
Veera Venkata Bhamidipati is a Cyber Security Engineer with extensive IT experience across multiple organizations, currently employed at AT&T since March 2023. Previous roles include positions at FIS Global, Chase, Honeywell, and Foxfire Technologies India Pvt Ltd, where responsibilities encompassed application security, system vulnerability resolution, security monitoring, and incident response management. Veera is well-versed in various security frameworks and practices such as OWASP, NIST, and vulnerability assessments. Holding a Bachelor of Engineering in Computer Science Engineering from Jawaharlal Nehru Technological University Kakinada, Veera brings a strong technical foundation to the field.
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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).