Federal Home Loan Bank of San Francisco Announces 2021 Director Election Results

Banafsheh Akhlaghi

Banafsheh Akhlaghi was elected to the board of directors of FHLBank San Francisco.

Banafsheh Akhlaghi was elected to the board of directors of FHLBank San Francisco.

david adame

David Adame was elected to the board of directors of FHLBank San Francisco.

David Adame was elected to the board of directors of FHLBank San Francisco.

David Adame was elected to the board of directors of FHLBank San Francisco.

SAN FRANCISCO, 02 Dec. 2021 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of San Francisco today announced the results of its 2021 election of directors.

Members of FHLBank San Francisco elected David Adame and Banafsheh Akhlaghi as Independent Non-Member Directors.

David Adame is President and CEO of Chicanos Por La Causa (CPLC), one of the nation’s largest community development corporations. Mr. Adame served as COO and CFO before assuming the role of President and CEO. Under his leadership, CPLC experienced significant growth and expansion in Arizona, Nevada, New Mexico, California, Texas and Mexico. Mr. Adame has served on the Bank’s Affordable Housing Advisory Council since 2016.

Banafsheh Akhlaghi has over 20 years of experience as a founder of a non-profit civil rights organization, consultant to the United Nations, regional director of Amnesty International and founder of an international private law firm . His expertise includes environment, social, governance (ESG), risk management, legal and business strategy, diversity and inclusion and public policy. Currently, she is co-chair and member since 2010 of the Legal Services Trust Fund Commission of the State Bar of California, focusing on legal advocacy for underserved and underrepresented populations and homelessness prevention.

The California Members of the Bank also re-elected Marangal (Marito) I. Domingo and Joan C. Opp as California Member Directors. Mr. Domingo is Chief Financial Officer and Chief Credit Officer, First Technology Credit Union, San Jose, California. Ms. Opp is president and CEO of Stanford Federal Credit Union, Palo Alto, California.

Each of these four positions has a four-year term beginning January 1, 2022 and ending December 31, 2025.

Federal Home Loan Bank of San Francisco

The Federal Home Loan Bank of San Francisco is a member-driven cooperative that helps local lenders in Arizona, California and Nevada build strong communities, create opportunity and change lives for the better. The tools and resources we provide to our member financial institutions – commercial banks, credit unions, industrial loan companies, thrifts, insurance companies and community development financial institutions – promote home ownership, expand access to quality housing, start or support small businesses, and revitalize entire neighborhoods. Together with our members and other partners, we make the communities we serve more vibrant and resilient.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/959710b7-1681-4a03-bbf5-041a652d2d47

https://www.globenewswire.com/NewsRoom/AttachmentNg/7e57c95a-50ef-4c2e-ae2d-5c9efbf7831c

CONTACT: Contact: Mary Long, (415) 572-6717 [email protected]

Bernadine J. Perkins