Robin Weismann, Financial Services Veteran, Joins Group
July 29, 2020
The Federal Reserve Bank of Philadelphia has appointed RobinWiessmann, executive director and CEO of the Pennsylvania House Finance Agency(PHFA), to its Economic and Community Advisory Council (ECAC), a committee thatinforms the bank’s senior leadership team about emerging issues and marketconditions in the Third Federal Reserve District and nationwide.
Under Wiessmann’s leadership, PHFA has continued itscommitment to renters, homebuyers, and homeowners while employing newstrategies to operate more efficiently and deliver housing in the most fiscallyresponsible manner. In her current role, she oversees different divisions thatwork toward expanding affordable housing across Pennsylvania.
“We are excited to welcome Robin to our advisory council andas we consider the road to recovery from COVID-19, she will bring invaluableinsight on affordable housing and consumer behavior from her extensiveexperience in finance and public policy,” said Deborah L. Hayes, senior vicepresident of Corporate Affairs at the Federal Reserve Bank of Philadelphia.
Wiessmann previously held positions as chair of theConference of State Bank Supervisors Non-Depository Supervisory Committee,secretary of the Pennsylvania Department of Banking and Securities, treasurerof Pennsylvania, and deputy director of finance for the City of Philadelphia.She was a founding principal and president of Artemis Capital Group, the firstwomen-owned investment banking firm on Wall Street, and held leadership positionsat Goldman Sachs and Merrill Lynch.
She has served as chairman of the board for VantagepointFunds Mutual Fund, an Act 40 company, and on the board of the MunicipalSecurities Rulemaking Board, a self-regulatory organization under theSecurities and Exchange Commission. She continues to serve on the board of thePennsylvania Higher Education Assistance Agency. Wiessmann earned a law degreefrom Rutgers Law School and is a graduate of Lafayette College.
Created in 2008, the ECAC is composed of up to 15 leadersrepresenting businesses of varying sizes and in different industry sectors aswell as nonprofit organizations, philanthropic organizations, academicinstitutions, the public sector, and organized labor. The ECAC extendspartnerships with organizations from the private and public sectors and fostersgreater integration and collaboration to have a broader impact on the ThirdFederal Reserve District and to encourage economic growth.
Walkup Windows Not Likely To Make A Return, NES Head Predicts
The Bottom Line
Most financial institutions have tremendous excess capacity in their existing branches today.