CBA names housing-finance leader as new president and CEO

Incumbent president is set to leave this summer

CBA names housing-finance leader as new president and CEO

The Consumer Bankers Association (CBA) has tapped the president of US Mortgage Insurers as its new president and chief executive officer, effective July 05.

Lindsey Johnson will succeed Richard Hunt, who has been the CBA’s president and chief executive officer since 2009.

Johnson had been with US Mortgage Insurers since 2015, leading the trade group through discussions on housing finance reform and affordability. In addition, she has worked with PwC and in the US Senate, including a stint as the Republican staff director on the Senate Banking Committee’s National Security and International Trade and Finance subcommittee.

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Like Hunt, Johnson played a crucial role in the Economic Recovery Act of 2008 and Dodd-Frank Act as director for the Federal Home Loan Bank of Atlanta for seven years.

“I have known Lindsey Johnson for many years,” Hunt said. “Throughout her career, Lindsey has demonstrated her ability to lead teams, work with a broad range of stakeholders, and deliver policy outcomes, and she will be a fierce advocate for our membership and the industry. After 13 wonderful years serving as CBA’s president and CEO, I am confident Lindsey is the right leader to take the reins of this truly incredible organization.”

Commenting on her appointment, Johnson said she was enthusiastic to join the organization at a time when the banking industry is experiencing a “historic transformation.”

“I am honored to be joining an organization that has been the leading voice of America’s retail banks for more than a century,” Johnson said. “At every turn, CBA has helped its members successfully anticipate and navigate a new, 21st century terrain. I am grateful to the CBA search committee and board of directors for entrusting me with the responsibility of leading this organization.”

Hunt will continue working with Johnson to ensure a seamless transition before he leaves CBA in June.

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