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Fannie Mae Announces Dual Promotions

Navi Persaud
Aug 28, 2020
Fannie Mae Building

Fannie Mae promoted Jeffery Hayward to executive vice president, chief administrative officer and Michele Evans to executive vice president and head of multifamily, effective immediately. Hayward will be tasked with leading Fannie's affordable housing, environmental, social and governance, as well as human resources, diversity and inclusion and enterprise workplace teams.

"We’re fortunate to have someone of Jeff’s unique experience and talent to help us mobilize our most important asset — our human capital. He understands both the moral urgency and competitive value of diversity and inclusion to our own organization and to the broader housing industry. Jeff has the passion, energy, and commercial mindset needed to forge new, creative partnerships with others who share our willingness to invest intellectual, human, and financial capital in change that is lasting and meaningful,” said David C. Benson, president, Fannie Mae.

"Michele has built strong, trusted relationships with our Multifamily customers, driven change and innovation, and managed Multifamily’s business operations. At a time when affordable rental housing is more important than ever to our country, she is the right person to lead our Multifamily team," said Benson when speaking of Evans who recently served as Fannie's chief operating officer.

"We will continue to address the urgent need for affordable housing in our country and our focus on becoming a leading ESG company. We will continue to build a workforce that will take us successfully into the future. And we will double down on our crucial work to foster diversity and ensure inclusion in the workplace," said Hayward.

"The challenges of financing quality rental housing and the accelerated pace of technological development in the industry are converging," said Evans.

Click here to read more from the announcement. 

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