SAN FRANCISCO, April 03, 2017 — The Board of Directors of the Federal Home Loan Bank of San Francisco has appointed Lisa Violet as Senior Vice President and Chief Risk Officer.
Ms. Violet has served in senior roles in governance, risk, and compliance in both the financial services and technology sectors. Before joining the Bank, Ms. Violet was the chief audit executive at Hitachi Data Systems (HDS), where she led a global team responsible for internal audit and business continuity. As a member of the HDS Finance Leadership Team and through the executive Internal Control and Risk Committee, she advised on risk management practices during significant industry and company transformation.
Prior to her tenure at HDS, Ms. Violet served in a number of senior positions in the banking industry, amassing 20 years of experience at institutions including Wells Fargo & Company and MUFG Union Bank, predominantly in the area of independently assessing capital adequacy under complex regulatory standards. She was also chief risk officer at Bank of the Orient and started out in banking as a commercial lender at Scotia Capital. Her professional career began at PriceWaterhouseCoopers. She is a Chartered Accountant and received her B.A. in Management Accounting from the University of Waterloo, Canada.
“Lisa has an exceptional track record of success and we are very pleased to have her joining us as Chief Risk Officer,” said Greg Seibly, FHLBank San Francisco President and Chief Executive Officer. “With deep experience in the tech sector as well as financial services, she is well-positioned to advance the Bank’s integrated risk framework and support our overall strategic goals.”
Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgage loans to people of all income levels and provide credit that supports neighborhoods and communities. The Bank also funds community programs that help members create affordable housing and promote community economic development. The Bank’s members are headquartered in Arizona, California, and Nevada and include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions.