What's Happening?
The Federal Home Loan Bank of San Francisco has announced the promotion of Andrea Brunetti to the position of executive vice president, chief legal officer (CLO), and corporate secretary, effective January
1, 2026. Brunetti has been serving as the interim chief legal officer and corporate secretary since May 2025. In her new role, she will report directly to the bank's president and CEO and will be part of the bank's leadership team. Brunetti has been with the bank since 2009, providing legal counsel on various matters including corporate governance, secured transactions, and affordable housing. She holds a bachelor's degree from Cornell University and a juris doctor from the University of California, Berkeley.
Why It's Important?
Andrea Brunetti's promotion to chief legal officer is significant as it underscores the Federal Home Loan Bank of San Francisco's commitment to strong legal leadership and governance. Her extensive experience in banking regulation and the Federal Home Loan Bank System positions her to effectively guide the bank through complex legal and regulatory landscapes. This move is likely to enhance the bank's ability to support local lenders in Arizona, California, and Nevada, thereby promoting homeownership and economic vitality in these regions. Brunetti's leadership is expected to have a positive impact on the bank's mission to build strong communities and create opportunities.
What's Next?
As Andrea Brunetti assumes her new role, she will focus on providing legal counsel to the bank's management and board of directors, advising on regulatory matters, and overseeing the development and execution of the bank's business strategies. Her leadership will be crucial in navigating the evolving legal and regulatory environment, ensuring that the bank continues to fulfill its mission effectively. Stakeholders, including member financial institutions and community partners, will be watching closely to see how Brunetti's leadership influences the bank's strategic direction and community impact.
