CUNA’s Donovan Exiting to Lead Council of FHLBs

WASHINGTON— Ryan Donovan, well known to many in credit unions for his work on Capitol Hill as CUNA’s chief advocacy officer, is leaving to become CEO of the Council of Federal Home Loan Banks.

Ryan Donovan

Donovan succeeds John von Seggern, who retired at the end of June.

Donovan joined CUNA as VP-legislative affairs in September 2007 and was promoted to senior vice president in September 2011 and to EVP/chief advocacy officer in January 2015. 

Prior to joining CUNA, Donovan worked for the California and Nevada Credit Union Leagues as director of federal government affairs, and prior to that served as a member of the congressional staffs of Representative Brad Sherman (D-CA) and former House Democratic Leader Richard A. Gephardt (D-MO).

‘Pretty Big Shoes to Fill’

“I have had the pleasure of working closely with Ryan, and his commitment to America’s credit unions has been unwavering,” said CUNA President and CEO Jim Nussle. “It is hard to lose such a staunch and tireless advocate, but I am so very proud of what Ryan has accomplished during his time at CUNA. I’m not going to lie – Ryan’s leaving behind some pretty big shoes to fill.”  

CUNA said that during Donovan’s nearly 15-year tenure at CUNA, he  was “instrumental” in securing several high-profile legislative wins for the credit union movement, including protecting the credit union tax status through four major tax battles; overseeing significant expansion of credit unions’ member business lending authority, and modernizing credit union governance.   

A ‘Unified Message’

“We are excited to have Ryan lead the Council of Federal Home Loan Banks,” said Dan Moore, chairman of the CFHLB. “Ryan brings almost two decades of advocacy and association experience that will help the Council and its banks effectively deliver a unified advocacy message to policymakers in Washington.”

Added Donovan, “The Federal Home Loan Bank system plays a crucial role in the housing finance system and helps ensure community banks, credit unions and insurance companies can be there for their customers and members. I look forward to working with the eleven Federal Home Loan Banks to make sure that policy enables them to meet the critical needs of their members and communities.”

Donovan will begin as CEO on Sept. 6.

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