NCUA names new chief economist

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The National Credit Union Administration on Monday said it has selected Andrew Leventis as its new chief economist.

Leventis, who will begin his duties on Dec. 10, succeeds Ralph Monaco, who is retiring at the end of 2018 after seven years with NCUA and more than 26 years in public service.

Leventis joins NCUA from the Federal Housing Finance Agency, where he served since 2005, most recently as deputy chief economist. Prior to his government service, Leventis had extensive private-sector experience as an economist and decision engineer, NCUA reported.

“I want to congratulate Andrew on his selection and welcome him to the NCUA,” Board Chairman J. Mark McWatters said in a statement. “I also want to congratulate Ralph on his retirement and thank him for his exemplary service to this agency. I have depended on his guidance and judgment, and I’m confident Andrew will continue that level of professionalism.”

Leventis holds master’s and doctoral degrees in economics from Princeton University and a bachelor’s degree in quantitative economics from Stanford University.

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Workforce management Succession planning Economy Mark McWatters J. Mark McWatters NCUA FHFA Virginia