Fannie Mae Appoints Diane N. Lye To Its Board Of Directors

Fannie Mae Tuesday announced the appointment of Dr. Diane N. Lye to its Board of Directors. Lye brings over 30 years of technology and financial services expertise to the board. Lye's latest post was at Rivian Automotive, Inc., an electric vehicle manufacturer, as its Chief Information Officer from October 2022 to December 2023.

"We are very pleased to welcome Diane to the Fannie Mae Board of Directors," said Michael J. Heid, chairman of the board. "Her deep data science and technology expertise will provide rich insights as the company continues to advance the mortgage experience for housing market participants."

"Diane brings extensive technology and financial services knowledge to our talented and diverse Fannie Mae Board of Directors," said Fannie Mae's President and Chief Executive Officer, Priscilla Almodovar. "We will benefit from her broad technology experience as we continue to strengthen systems that support our risk management efforts, while identifying and developing emerging technology opportunities to support sustainable access to mortgage credit."

Previously, Lye was at Capital One, National Association, where she served as Executive Vice President and Chief Information Officer for Card Technology, from May 2019 to September 2022, and as Senior Vice President of Enterprise Data, Machine Learning, Risk and Finance Technology, from October 2016 to May 2019.

Prior to joining Capital One, Lye held a variety of technology-centered leadership roles at Amazon, Citigroup, and Bank of America. Lye holds a B.S. from the London School of Economics and an M.A. and a Ph.D. in Demography, both from the University of Pennsylvania.