After 20 months on the job, Federal Housing Finance Agency Principal Deputy Director Adolfo Marzol will retire this month, FHFA announced Friday. Chris Bosland, FHFA’s Senior Advisor for Regulation, will succeed Marzol.
“After finalizing the Enterprise’s capital rule, a key milestone on the path to responsibly ending the conservatorships, now is the right time for me to transition back into retirement,” Marzol said.
Bosland joined FHFA in 2019 after serving as deputy chief of staff at the U.S. Department of the Treasury’s Office of the Special Inspector General for the Troubled Asset Relief Program. He previously was an attorney in private practice and has served as an economist at the Federal Reserve Bank of New York and as counsel and chief of staff to a former Director of the Federal Housing Finance Board.
“(Adolfo) achieved a great deal at FHFA, including spearheading the Enterprise capital rule and playing a central role in the response to COVID-19. The U.S. housing finance market is clearly better off for his efforts,” FHFA Director Mark Calabria said. “Chris’ experience has been and will be an asset for FHFA. I am completely confident in his ability to hit the ground running in his new role.”