Barrett joined FHLBB in November 2010 as Senior Vice President and Treasurer, and was named Executive Vice President and Treasurer in January 2019.
Prior to joining FHLBB, Barrett worked as Assistant Treasurer at FMR LLC, the parent company of Fidelity Investments, from September 2008 to October 2010; as Treasurer and Chief Investment Officer at Fidelity Personal Bank & Trust from August 2007 to September 2008; as Managing Director of Global Treasury at Investors Bank & Trust from September 2004 to July 2007; in various management positions in the Treasury of FleetBoston Financial (including merged companies) from 1985 to 2004; and as an investment manager at Citibank, NA from 1981 to 1985.
“Tim is a dedicated and unrivaled professional who has demonstrated exceptional leadership and deep commitment to the bank’s mission, financial success, affordable housing and economic development, and diversity and inclusion efforts throughout his more than 10 years of business,” said Martin Geitz, Chairman of the FHLBB Board of Directors. “His member-centered approach to the bank’s business will skillfully guide the organization through these difficult times and add value to membership.”
“I am honored to take on this new role as President and CEO of FHLBB, and I am delighted to be able to work with a dedicated team and advice to meet the needs of our members who serve communities across New England,” Barrett said.