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Each depositor insured to at least $250,000 per insured bank

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Systemic Resolution Advisory Committee Member Biography
John A. Koskinen

Mr. John A. Koskinen has served as Non-executive Chairman of the Board of Freddie Mac since the government conservatorship in September, 2008. For six months in 2009 he served as interim Chief Executive Officer and CFO of Freddie Mac. Previously, he was the President of the U.S. Soccer Foundation, the charitable arm of soccer in the United States, from 2004 to 2008.

Mr Koskinen served as Deputy Mayor and City Administrator of the District of Columbia from September 2000 to August 2003 where he was responsible for oversight and coordination of all city departments. From 1994 to 1997, he served as the Deputy Director for Management of the U.S. Office of Management and Budget and then served as Assistant to President Clinton and Chair of the President's Council on Year 2000 Conversion from 1998 to 2000.

Prior to his government service, Mr. Koskinen worked as a senior executive of The Palmieri Company, including serving as President and Chief Executive Officer, participating in the restructuring of a range of large, troubled enterprises including the Penn Central, the Teamsters Pension Fund, Levitt and Sons, Inc. and Mutual Benefit. He has been a Director of American Capital, Ltd. (formerly American Capital Strategies Ltd.) since February 2007 and of The AES Corporation since 2004. He also served as a Trustee of Duke University from 1985 to 1997, the last three years as Chairman of the Board.

Mr. Koskinen graduated Magna Cum Laude with a B.A in physics from Duke in 1961, where he was a Member of Phi Beta Kappa; graduated with an LLB, cum laude, (JD) from Yale University School of Law in 1964; and did post graduate work in International Law at Cambridge University, Cambridge, England from 1964 to 1965.

Last Updated 06/17/2011

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