FARM CREDIT ADMINISTRATION ANNOUNCES PERSONNEL ACTIONS
Sep. 4, 2012
Source: Farm Credit Administration news release
Gary Van Meter, Director of the Office of Regulatory Policy in the Farm Credit Administration, has named William Dunn to serve as Associate Director and Team Leader of the Finance and Capital Markets Team. The appointment will be effective Sept. 9.
As head of the team, Mr. Dunn will manage projects that pertain to marketable investments liquidity management, debt issuance, capital requirements, interest rate risk management, treasury operations, and loan pricing.
Before being named to this position, Mr. Dunn was a senior financial analyst in the Office of Regulatory Policy. His responsibilities included supporting the FCA Board's regulatory and policymaking agenda, acting on statutory or regulatory approval requests from Farm Credit System institutions, administering a data collection program, and assessing systemic risk exposures.
During his career with FCA he has served as Director of the Financial Analysis and Standards Division and as Senior Staff Advisor for Programs and Policy for the Chairman of the FCA Board. Recently, he served as the Acting Associate Director of the Finance and Capital Markets Team.
Before joining FCA in 1987, Mr. Dunn held various management positions in the private sector. He was senior executive for administration and finance at the State Bar of California where he was responsible for finance, human resources, information technology, and administrative services.
He was also vice president of Crocker National Bank where he was responsible for electronic banking and other support services for the retail banking platform. And he served as chairman and CEO of The Public Sector, Inc., a San Francisco-based marketing research and public policy research firm.
Farm Credit Administration, has also named Jerome Fowlkes to serve as the Associate Director and Team Leader of the Credit and Mission Team. The appointment will be effective Sept. 9.
As head of the team, Mr. Fowlkes will manage projects related to lending operations, credit administration practices, scope and eligibility, Farm Credit System mission services, investments in rural America, agricultural credit sectors, loan products, related services, appraisal practices, and rural home lending.
Mr. Fowlkes joined FCA in 2010 as a senior financial analyst. Since then he has served as project manager on FCA's Syndication Study, the agency's rural business investment company efforts, and several regulatory approvals. Last December, he was recognized as one of four inaugural Impact Award winners at FCA for first-year contributions to the agency's mission.
Mr. Fowlkes has more than 24 years of experience working in both public service and the private sector. He has served as a commercial lender and vice president at the predecessors to Bank of America and SunTrust. In these roles, he specialized in communications industry and middle market transactions.
He has also worked as an investment banker at BIA Capital Strategies where he wrote business plans, structured debt and equity transactions, negotiated term sheets, and managed due diligence for private transactions. He also managed the telecom valuation department for BIA Financial, which supported asset-based lenders with telecom-related valuation reports.
Mr. Fowlkes' public sector experience includes serving as the Deputy Division Chief for the Federal Communications Commission's Auctions and Industry Analysis Division. While there he supervised a staff of 19, managed an $11 billion auction installment loan portfolio, and made financial policy recommendations for the loan portfolio and the auction process.
Before joining FCA, he managed a portfolio of venture capital loans and investments for the Small Business Administration's Office of Liquidation and was responsible for negotiating and collecting outstanding obligations from portfolio companies.
Mr. Fowlkes holds an M.B.A. from the College of William and Mary and a B.S. in business from Virginia Tech. He serves on the national board of directors for the Virginia Tech Alumni Association and as advisor on the Pamplin College of Business Advisory Council. Mr. Fowlkes is currently enrolled in the ABA Stonier Graduate School of Banking at the Wharton School and the Agricultural Lending Institute at California State University, Fresno.
Mr. Dunn is a graduate of Sterling College, in Sterling, Kan., where he earned a B.S. in physics and mathematics, and he attended the Graduate School of Business Administration at the University of California at Berkeley.
He holds the Chartered Financial Analyst designation and is a member of the CFA Institute. Mr. Dunn is also a certified public accountant, licensed in Virginia, and a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants.