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Freddie Mac names chief enterprise risk officer

Sep

18

Posted on Sunday, September 18th, 2005 at 9:22 am by Lars Toomre

Freddie Mac said it named a General Motors executive as chief enterprise risk officer responsible for assessing the company's management and exposure to risks across business segments. The government-sponsored housing enterprise named Anurag Saksena to the job, giving the executive the additional title of senior vice president.

Saksena most recently led Enterprise Risk Management

at General Motors Acceptance Corporation, a global financial services subsidiary of General Motors (GM.N: Quote, Profile, Research), Freddie Mac said. Saksena will be responsible for providing an independent, cross-divisional assessment of Freddie Mac's management of and exposure to operational, credit and market risk and reporting these assessments to senior management and the board.

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