Brenda Gaines, a former Citigroup executive, and Karen Horn, a former president of the Federal Reserve Bank of Cleveland, have been elected to the board of directors of Fannie Mae.The pair are the sixth and seventh new directors named to Fannie Mae's board since 2004, according to the government-sponsored enterprise. Ms. Gaines, who was president and chief executive officer of Diners Club North America at Citigroup, will serve on the board's Compensation Committee and its Housing and Community Finance Committee. Ms. Horn, currently a limited partner at Brock Capital LLC, was named to the board's Audit Committee and its Risk Policy and Capital Committee. Fannie Mae can be found online at http://www.fanniemae.com.
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