The board of directors of the Federal Home Loan Bank of Indianapolis today appointed Cindy L. Konich as president-chief executive officer, effective July 22.
Konich joined the FHLB of Indianapolis in 1984 as cash manager and has earned several promotions, including assistant vice president-financial planning manager in 1987, vice president-treasurer in 1995, first vice president-treasurer in 2005 and senior vice president-chief financial officer in 2007.
In 2010, she was promoted to executive vice president, chief operating officer-chief financial officer with responsibility for financial management, information technology, and corporate communications and planning functions.
“Cindy's long-standing commitment to the FHLB of Indianapolis, along with her expertise in the financial markets and extensive knowledge about the Federal Home Loan Bank System, made her an ideal candidate for the position,” stated FHLB of Indianapolis board chairman Paul Clabuesch in a press release.
She succeeds Milton J. Miller, who led the bank from 2007 until his retirement on July 1.
