Interim President and Chief Executive Officer, FHLBank of San Francisco

Winthrop Watson was appointed as the FHLBank of San Francisco's Interim President and Chief Executive Officer, effective February 2, 2026. Mr. Watson served as the FHLBank of Pittsburgh's President and Chief Executive Officer from January 2011 through September 2024 and as Executive Senior Advisor from October 2024 until his retirement in December 2024. Previously, he had served as the FHLBank of Pittsburgh's Chief Operating Officer from November 2009 to December 2010. Prior to joining the FHLBank of Pittsburgh, Mr. Watson worked at J.P. Morgan for more than two decades in a variety of capital markets and financial institution roles most recently as Managing Director in its Asia Pacific investment banking business. Earlier, Mr. Watson led the building of the company's investment and commercial banking franchise for U.S. government-sponsored enterprises. Mr. Watson serves as a member of the Board of Directors of the Office of Finance. He is currently a member of the board of directors of Pentegra Services, Inc. Mr. Watson holds an MBA from Stanford University and a BA from the University of Virginia.

Board of Directors Page