Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the retirement of W. Wesley McMullan as President and CEO, effective May 27, 2021. Kirk Malmberg has been appointed as President and Chief Executive Officer.

McMullan has led the Bank since 2010. Prior to his appointment as President and CEO, he served as Executive Vice President and oversaw asset liability management, member sales and trading, and financial operations management. McMullan joined the Bank as a credit analyst in 1988.

“We are sincerely grateful for Wes’s 33 years of service and dedication to the Bank and to the FHLBank System,” said Rick Whaley, chair of the FHLBank Atlanta board of directors. “The example set by Wes’s long and meaningful career is the epitome of what makes the Bank special, and it underscores the advancement opportunities that are possible at FHLBank Atlanta.”

“Through times of challenge and prosperity, I’m thankful for the opportunity to execute the Bank’s vital mission to contribute to the success of our shareholders,” said McMullan. “It has been the deepest honor to work for FHLBank Atlanta, its shareholders, and the communities they serve.”

As the Bank transitions leadership, Malmberg brings 24 years of experience with the FHLBank System including 19 years at FHLBank Atlanta. He has served in significant leadership roles in the Bank, including as its Chief Financial Officer, Chief Credit Officer, and most recently as the Bank’s Executive Vice President and Chief Operating Officer.

“We are fortunate to have Kirk as our new President and Chief Executive Officer,” said Chair Whaley. “Kirk brings a strong record of accomplishment and depth of knowledge about the Bank and the FHLBank System that will serve our shareholders well.”

“I’m humbled by the opportunity to lead the Bank as President and CEO and work with our staff to help our members serve their communities,” said Malmberg.

Malmberg will assume the role of President and CEO effective May 28, 2021.