Fannie Mae Leadership

Michael A. Shaw
Chief Credit Officer 

Mike Shaw is Fannie Mae's Chief Credit Officer, reporting to the Chief Risk Officer. Mr. Shaw is responsible for aggregate credit risk management, including setting corporate level credit policies, limits, and delegations.

Previously, Mr. Shaw was Executive Vice President – Chief Credit Officer, Executive Vice President – Credit Risk Oversight, and Senior Vice President – Credit Risk Oversight. He was responsible for implementing and overseeing corporate policy, limit-setting and monitoring of credit risk levels across business units, escalating issues related to noncompliance for resolution, ensuring that risks are measured adequately, review of risk management's adherence to stated credit risk policies and methodologies and reporting to external constituents on credit risk, including regulators, rating agencies and investors.

Prior to joining Fannie Mae in April 2006, Mr. Shaw was a Senior Credit Executive -- Consumer Banking and Senior Risk Executive, Policy, Reporting, Analytics and Finance at J.P. Morgan Chase & Co., NY, where he was responsible for developing a post-merger organization. Prior to that, he was Senior Credit Executive -- Consumer -- Chase Financial Services, responsible for all credit risks in the consumer bank, including home finance, credit cards, auto finance and small business and branch-originated personal loans.

Previously, Mr. Shaw was a senior risk manager, Global Risk Management, at GE/GE Capital, Stamford, CT, and New York, NY, where he was responsible for developing and implementing strategic risk analytic tools throughout GE financial services businesses. Before that, he was Chief Risk Officer of GE's Financial Guarantee Insurance Corp, responsible for senior transaction approval and establishing and implementing policies and procedures including public finance and structured finance transactions.

Before GE, Mr. Shaw was Chief Risk Manager, Citibank Consumer Assets Division/Citicorp Mortgage, Inc., NY, where he participated in the turnaround of a national mortgage company and was responsible for risk management of a $31 billion asset portfolio. Prior to that, he served in many roles with notable experience as the Chief Risk Manager of the Citibank N.A, North American Investment Bank.

Mr. Shaw has a master of business administration in finance from New York University and a bachelor of arts in economics from Case Western Reserve University. He is Six Sigma Green Belt-Certified.