The Federal Housing Finance Agency appointed H. Ronald Weissman on Thursday as the chairman of the Federal Home Loan Bank System's Office of Finance. Weissman has been a senior partner in Ernst & Young's Financial Services Office since 2002, and has also worked at Arthur Andersen.

"Ron Weissman brings a breadth of experience at an important time for the FHLBanks," Ed DeMarco, the acting director of the Finance Agency, said in a press release. His accounting background "will be critical to overseeing the important role of the Office of Finance in preparing the quarterly and annual combined financial report of the FHLBanks."

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