{"id":468876,"date":"2021-03-31T12:21:52","date_gmt":"2021-03-31T16:21:52","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=468876"},"modified":"2021-03-31T12:21:52","modified_gmt":"2021-03-31T16:21:52","slug":"federal-home-loan-bank-of-atlanta-announces-retirement-of-w-wesley-mcmullan-president-and-ceo-appointment-of-kirk-malmberg-as-president-and-ceo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-atlanta-announces-retirement-of-w-wesley-mcmullan-president-and-ceo-appointment-of-kirk-malmberg-as-president-and-ceo\/","title":{"rendered":"Federal Home Loan Bank of Atlanta Announces Retirement of W. Wesley McMullan, President and CEO; Appointment of Kirk Malmberg as President and CEO"},"content":{"rendered":"<div class=\"mw_release\">\n<p>ATLANTA, March  31, 2021  (GLOBE NEWSWIRE) &#8212; Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the retirement of W. Wesley McMullan as President and CEO, effective May 27, 2021. Kirk Malmberg has been appointed as President and Chief Executive Officer.<\/p>\n<p>McMullan has led the Bank since 2010. Prior to his appointment as President and CEO, he served as Executive Vice President and oversaw asset liability management, member sales and trading, and financial operations management. McMullan joined the Bank as a credit analyst in 1988.<\/p>\n<p>\u201cWe are sincerely grateful for Wes\u2019s 33 years of service and dedication to the Bank and to the FHLBank System,\u201d said Rick Whaley, chair of the FHLBank Atlanta board of directors. \u201cThe example set by Wes\u2019s long and meaningful career is the epitome of what makes the Bank special, and it underscores the advancement opportunities that are possible at FHLBank Atlanta.\u201d<\/p>\n<p>\u201cThrough times of challenge and prosperity, I\u2019m thankful for the opportunity to execute the Bank\u2019s vital mission to contribute to the success of our shareholders,\u201d said McMullan. \u201cIt has been the deepest honor to work for FHLBank Atlanta, its shareholders, and the communities they serve.\u201d<\/p>\n<p>As the Bank transitions leadership, Malmberg brings 24 years of experience with the FHLBank System including 19 years at FHLBank Atlanta. He has served in significant leadership roles in the Bank, including as its Chief Financial Officer, Chief Credit Officer, and most recently as the Bank\u2019s Executive Vice President and Chief Operating Officer.<\/p>\n<p>\u201cWe are fortunate to have Kirk as our new President and Chief Executive Officer,\u201d said Chair Whaley. \u201cKirk brings a strong record of accomplishment and depth of knowledge about the Bank and the FHLBank System that will serve our shareholders well.\u201d<\/p>\n<p>\u201cI\u2019m humbled by the opportunity to lead the Bank as President and CEO and work with our staff to help our members serve their communities,\u201d said Malmberg.<\/p>\n<p>Malmberg will assume the role of President and CEO effective May 28, 2021.<\/p>\n<p>\n        <strong><br \/>\n          <u>About the Federal Home Loan Bank of Atlanta<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank&#8217;s members\u2014its shareholders and customers\u2014are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $6.6 billion in Affordable Housing Program funds, assisting more than 957,000 households.<\/p>\n<p>For more information, visit our website at <strong>www.fhlbatl.com<\/strong>.<\/p>\n<p>\n        <strong>CONTACT:<\/strong> Sharon B. Cook<br \/>Federal Home Loan Bank of Atlanta<br \/>scook@fhlbatl.com<br \/>404.888.8173<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTU3MCM0MTAwNTM3IzIwMjA0MjI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/de9ad005-2b0f-4e29-9168-53de1a7f9a0f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTA, March 31, 2021 (GLOBE NEWSWIRE) &#8212; Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the retirement of W. Wesley McMullan as President and CEO, effective May 27, 2021. Kirk Malmberg has been appointed as President and Chief Executive Officer. McMullan has led the Bank since 2010. Prior to his appointment as President and CEO, he served as Executive Vice President and oversaw asset liability management, member sales and trading, and financial operations management. McMullan joined the Bank as a credit analyst in 1988. \u201cWe are sincerely grateful for Wes\u2019s 33 years of service and dedication to the Bank and to the FHLBank System,\u201d said Rick Whaley, chair of the FHLBank Atlanta board of directors. \u201cThe example set &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-atlanta-announces-retirement-of-w-wesley-mcmullan-president-and-ceo-appointment-of-kirk-malmberg-as-president-and-ceo\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Federal Home Loan Bank of Atlanta Announces Retirement of W. Wesley McMullan, President and CEO; Appointment of Kirk Malmberg as President and CEO&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-468876","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Federal Home Loan Bank of Atlanta Announces Retirement of W. Wesley McMullan, President and CEO; Appointment of Kirk Malmberg as President and CEO - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-atlanta-announces-retirement-of-w-wesley-mcmullan-president-and-ceo-appointment-of-kirk-malmberg-as-president-and-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Federal Home Loan Bank of Atlanta Announces Retirement of W. Wesley McMullan, President and CEO; Appointment of Kirk Malmberg as President and CEO - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATLANTA, March 31, 2021 (GLOBE NEWSWIRE) &#8212; Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the retirement of W. Wesley McMullan as President and CEO, effective May 27, 2021. Kirk Malmberg has been appointed as President and Chief Executive Officer. McMullan has led the Bank since 2010. Prior to his appointment as President and CEO, he served as Executive Vice President and oversaw asset liability management, member sales and trading, and financial operations management. McMullan joined the Bank as a credit analyst in 1988. \u201cWe are sincerely grateful for Wes\u2019s 33 years of service and dedication to the Bank and to the FHLBank System,\u201d said Rick Whaley, chair of the FHLBank Atlanta board of directors. \u201cThe example set &hellip; Continue reading &quot;Federal Home Loan Bank of Atlanta Announces Retirement of W. 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McMullan has led the Bank since 2010. Prior to his appointment as President and CEO, he served as Executive Vice President and oversaw asset liability management, member sales and trading, and financial operations management. McMullan joined the Bank as a credit analyst in 1988. \u201cWe are sincerely grateful for Wes\u2019s 33 years of service and dedication to the Bank and to the FHLBank System,\u201d said Rick Whaley, chair of the FHLBank Atlanta board of directors. \u201cThe example set &hellip; Continue reading \"Federal Home Loan Bank of Atlanta Announces Retirement of W. Wesley McMullan, President and CEO; Appointment of Kirk Malmberg as President and CEO\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-atlanta-announces-retirement-of-w-wesley-mcmullan-president-and-ceo-appointment-of-kirk-malmberg-as-president-and-ceo\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-31T16:21:52+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTU3MCM0MTAwNTM3IzIwMjA0MjI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-atlanta-announces-retirement-of-w-wesley-mcmullan-president-and-ceo-appointment-of-kirk-malmberg-as-president-and-ceo\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/federal-home-loan-bank-of-atlanta-announces-retirement-of-w-wesley-mcmullan-president-and-ceo-appointment-of-kirk-malmberg-as-president-and-ceo\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Federal Home Loan Bank of Atlanta Announces Retirement of W. 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