James E. Gilleran, president and chief executive officer of the Federal Home Loan Bank of Seattle, will leave his post effective this April.The bank’s board of directors has elected Richard Riccobono, the bank’s chief operating officer, to succeed Mr. Gilleran. Mr. Gilleran has agreed to continue as a consultant until the end of this year. Mr. Riccobono joined the bank as COO in August of 2005. Prior he was acting director at the Office of Thrift Supervision.

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