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Farmer Mac Announces Departure of Chief Financial Officer

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Farmer Mac (NYSE: AGM) announced that Executive Vice President, Chief Financial Officer & Treasurer Aparna Ramesh will resign effective July 31, 2025 to become CEO of the Federal Home Loan Banks Office of Finance.

Ramesh, who joined Farmer Mac in 2020, has been credited with strengthening the company's financial foundation and advancing its securitization program. The company plans to initiate a nationwide search for her successor through an executive search firm.

Farmer Mac, as the nation's secondary market provider, focuses on increasing financing accessibility and providing liquidity for American agriculture and rural infrastructure, supporting various sectors including agriculture, broadband infrastructure, power and utilities, and renewable energy.

Farmer Mac (NYSE: AGM) ha annunciato che la Vicepresidente Esecutiva, Direttrice Finanziaria e Tesoriere Aparna Ramesh si dimetterà con effetto dal 31 luglio 2025 per assumere il ruolo di CEO dell'Ufficio Finanza delle Federal Home Loan Banks.

Ramesh, entrata in Farmer Mac nel 2020, è stata riconosciuta per aver rafforzato la base finanziaria dell'azienda e per aver promosso il suo programma di cartolarizzazione. La società intende avviare una ricerca a livello nazionale per il suo successore tramite una società di ricerca dirigenziale.

Farmer Mac, in qualità di fornitore del mercato secondario nazionale, si concentra sull'aumento dell'accesso al finanziamento e sulla fornitura di liquidità per l'agricoltura americana e le infrastrutture rurali, sostenendo diversi settori tra cui agricoltura, infrastrutture broadband, energia e servizi pubblici, e energie rinnovabili.

Farmer Mac (NYSE: AGM) anunció que la Vicepresidenta Ejecutiva, Directora Financiera y Tesorera Aparna Ramesh renunciará con efecto a partir del 31 de julio de 2025 para convertirse en CEO de la Oficina de Finanzas de las Federal Home Loan Banks.

Ramesh, quien se unió a Farmer Mac en 2020, ha sido reconocida por fortalecer la base financiera de la empresa y avanzar en su programa de titulización. La compañía planea iniciar una búsqueda nacional para su sucesor a través de una firma de búsqueda ejecutiva.

Farmer Mac, como proveedor del mercado secundario nacional, se enfoca en aumentar la accesibilidad al financiamiento y proporcionar liquidez para la agricultura estadounidense e infraestructura rural, apoyando diversos sectores que incluyen agricultura, infraestructura de banda ancha, energía y servicios públicos, y energías renovables.

Farmer Mac (NYSE: AGM)는 부사장 겸 최고재무책임자(CFO) 및 재무담당 이사인 Aparna Ramesh가 2025년 7월 31일부로 사임하여 연방 주택 대출 은행(Federal Home Loan Banks) 금융실의 CEO로 취임할 예정이라고 발표했습니다.

2020년에 Farmer Mac에 합류한 Ramesh는 회사의 재무 기반을 강화하고 증권화 프로그램을 발전시키는 데 기여한 것으로 평가받고 있습니다. 회사는 임원 검색 회사를 통해 그녀의 후임자를 찾기 위한 전국적인 공모를 시작할 계획입니다.

Farmer Mac은 국가의 2차 시장 제공업체로서 미국 농업 및 농촌 인프라에 대한 자금 조달 접근성을 높이고 유동성을 제공하는 데 중점을 두고 있으며, 농업, 광대역 인프라, 전력 및 공공 서비스, 재생 에너지 등 다양한 부문을 지원하고 있습니다.

Farmer Mac (NYSE : AGM) a annoncé que la Vice-Présidente Exécutive, Directrice Financière et Trésorière Aparna Ramesh démissionnera à compter du 31 juillet 2025 pour devenir PDG du Bureau des Finances des Federal Home Loan Banks.

Ramesh, qui a rejoint Farmer Mac en 2020, est reconnue pour avoir renforcé la base financière de l'entreprise et fait progresser son programme de titrisation. La société prévoit de lancer une recherche nationale pour son successeur via un cabinet de recrutement de cadres.

Farmer Mac, en tant que fournisseur du marché secondaire national, se concentre sur l'amélioration de l'accès au financement et la fourniture de liquidités pour l'agriculture américaine et les infrastructures rurales, soutenant divers secteurs tels que l'agriculture, les infrastructures haut débit, l'énergie et les services publics, ainsi que les énergies renouvelables.

Farmer Mac (NYSE: AGM) gab bekannt, dass die Executive Vice President, Chief Financial Officer & Treasurer Aparna Ramesh zum 31. Juli 2025 zurücktreten wird, um CEO des Federal Home Loan Banks Office of Finance zu werden.

Ramesh, die 2020 zu Farmer Mac kam, wird zugeschrieben, die finanzielle Grundlage des Unternehmens gestärkt und das Verbriefungsprogramm vorangetrieben zu haben. Das Unternehmen plant, über eine Executive-Search-Firma eine landesweite Suche nach ihrer Nachfolge einzuleiten.

Farmer Mac konzentriert sich als sekundärer Marktanbieter des Landes darauf, die Finanzierungsmöglichkeiten zu erweitern und Liquidität für die amerikanische Landwirtschaft und ländliche Infrastruktur bereitzustellen. Dabei unterstützt das Unternehmen verschiedene Bereiche wie Landwirtschaft, Breitbandinfrastruktur, Energie und Versorgungsunternehmen sowie erneuerbare Energien.

Positive
  • CFO's departure is for a career advancement as CEO, suggesting strong leadership development at Farmer Mac
  • Company maintains stable leadership transition with CFO staying through July 31, 2025
  • Strong financial foundation and securitization program established under departing CFO's tenure
Negative
  • Loss of key executive who has served since 2020
  • Potential disruption in financial leadership during transition period
  • Uncertainty around timeline for securing new CFO

WASHINGTON, July 10, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, announced today that Aparna Ramesh, Executive Vice President – Chief Financial Officer & Treasurer, has resigned to accept the Chief Executive Officer position with the Federal Home Loan Banks Office of Finance. 

"On behalf of our employees, our leadership team, and our Board of Directors, I extend our deepest gratitude to Aparna for her exceptional leadership and substantial contributions to Farmer Mac," said President and Chief Executive Officer Brad Nordholm. "Aparna's expertise and judgment have contributed to Farmer Mac's strong financial foundation. She has cultivated an outstanding finance team and advanced our robust securitization program, setting the stage for our continued growth and success. While we are sad to see Aparna leave us, we are proud that Farmer Mac continues to be a springboard to new opportunities for talented leaders. We wish Aparna every success in her new role and are grateful for the legacy she leaves behind."

"It has been an honor to serve as Chief Financial Officer at Farmer Mac and to work alongside such a skilled and dedicated team," said Ms. Ramesh. "Since I joined the company in 2020, I have witnessed firsthand the unwavering commitment of my colleagues and the leadership team to advancing Farmer Mac's mission and driving meaningful impact across rural America. I extend my sincere gratitude to Brad for his vision, guidance, and strong leadership; to Farmer Mac's Board members for their thoughtful stewardship; and to my team and colleagues for their camaraderie and partnership. I am very proud of what we've accomplished together and am confident that the company is poised for continued momentum and success. I look forward to seeing all that Farmer Mac and its exceptional people will accomplish in the years to come."

Ms. Ramesh joined Farmer Mac as Chief Financial Officer in 2020 and will continue to serve in this role through July 31, 2025. The company plans to retain an executive search firm to conduct a nationwide search for its next Chief Financial Officer and will provide updates as appropriate.

About Farmer Mac

Farmer Mac is driven by its mission to increase the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure. Our secondary market provides liquidity to our nation's agricultural and infrastructure businesses, supporting a vibrant and strong rural America. We offer a wide range of solutions to help meet financial institutions' growth, liquidity, risk management, and capital relief needs across diverse markets, including agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy. We are uniquely positioned to facilitate competitive access to financing that fuels growth, innovation, and prosperity in America's rural and agricultural communities. Additional information about Farmer Mac is available on our website at www.farmermac.com.

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SOURCE Farmer Mac

FAQ

When is Farmer Mac (AGM) CFO Aparna Ramesh leaving the company?

Aparna Ramesh will continue to serve as CFO through July 31, 2025 before departing to become CEO of the Federal Home Loan Banks Office of Finance.

Who will replace Aparna Ramesh as Farmer Mac's CFO?

Farmer Mac plans to retain an executive search firm to conduct a nationwide search for its next Chief Financial Officer. No successor has been named yet.

How long did Aparna Ramesh serve as Farmer Mac's CFO?

Aparna Ramesh served as Farmer Mac's CFO since 2020, a tenure of approximately 5 years by the time of her departure in July 2025.

What were Aparna Ramesh's main achievements as Farmer Mac CFO?

During her tenure, Ramesh strengthened Farmer Mac's financial foundation, cultivated the finance team, and advanced the company's robust securitization program.

What is Farmer Mac's (AGM) primary business focus?

Farmer Mac is the nation's secondary market provider that increases financing accessibility and provides vital liquidity for American agriculture and rural infrastructure, supporting sectors including agriculture, broadband, power, utilities, and renewable energy.
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