Freddie Mac has named Anil Hinduja as chief enterprise risk officer. He will report to Chief Executive Officer Donald Layton and will serve on the company's senior operating committee.
Hinduja replaces Mark DeLong and Jorge Reis, who have served as interim co-chief enterprise risk officers since January. Delong and Reis will continue in their ongoing roles at Freddie Mac—DeLong as senior vice president, enterprise operational risk management and Reis as senior vice president, enterprise chief risk officer for the investments and capital markets business.
Hinduja brings broad risk management experience to Freddie Mac where he will be responsible for providing the overall leadership and direction for the company's enterprise risk management division, and for leading an integrated risk management framework for all aspects of risk across the entire company. He will join Freddie Mac from Barclays, where he served in increasingly broader risk management roles beginning in 2009.
He currently holds the position of chief risk officer for Barclays Africa Group Limited, which is majority owned by Barclays Bank PLC, overseeing the entire range of enterprise risks across all of the organization's business lines. Prior to assuming that role in 2013, Hinduja was group credit director for retail credit risk after serving as chief risk officer for Barclays' retail bank in the U.K.
Prior to joining Barclays, Hinduja spent 19 years at Citigroup in diverse roles with increasing responsibility across finance, operations, sales and distribution, business and risk management in global consumer businesses. In risk, he was director for global consumer credit risk and then chief risk officer for the consumer lending group, where he was responsible for managing risk in the mortgage, auto, and student loan businesses. His tenure at Citigroup culminated in his term as president and CEO of Citi Home Equity.
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