SAN FRANCISCO, November 8, 2024 – Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced Member Director Simone Lagomarsino has been named a 2024 NACD Directorship 100™ honoree. The annual NACD Directorship 100 Awards celebrates and recognizes the most influential directors and leaders in the corporate governance community who have demonstrated excellence in the boardroom through innovation, courage, and integrity.

"Simone’s well-deserved recognition by NACD exemplifies her dedication and commitment to the Federal Home Loan Bank of San Francisco mission, the boards she serves on, and the broader governance community,” said Alanna McCargo, president and chief executive officer of FHLBank San Francisco. “Simone is an exceptional and passionate leader and one of the most influential directors shaping the future of financial services.”

A financial services professional with more than 30 years of experience leading in executive positions, Ms. Lagomarsino has served as a member director with FHLBank San Francisco since 2013, including being appointed as the chair of the Bank’s board of directors from 2022 to 2023. She also serves as a board director and the president at First Foundation Bank and a board director at First Foundation, Inc.

“To any colleague of Simone's, it comes as no surprise that she has been recognized by NACD for her boardroom leadership,” said Dan Siciliano, chair of the FHLBank San Francisco Board of Directors. “For more than a decade, Simone has been an invaluable director that led by example and inspired an entire generation of executives and leaders. Her insightful perspectives and thoughtful approach made our board and the bank a better place. On behalf of the Board, we would like to congratulate her on this well-deserved recognition.”

“It’s truly an honor to be recognized by NACD alongside such an accomplished group of corporate directors and governance professionals,” said Lagomarsino. “Effective governance is essential, and I’m excited to continue promoting the importance of innovative, inclusive, and impactful board service.”

The 2024 NACD Directorship 100TM Awards Gala will celebrate and recognize the honors on December 16 at an event in New York City. This year’s honorees will be featured in NACD Directorship® magazine’s annual list of the Most Influential People in Boardrooms and Corporate Governance.

"This year’s recipients are creating lasting change within the boardroom and beyond. We congratulate their forward-thinking leadership and unwavering dedication to driving positive transformation in their industries and communities,” says Peter Gleason, president and CEO of NACD.

FHLBank San Francisco was among three winners of the annual NACD DE&I Award™ in 2021 and among 20 finalists for the award in 2022. The awards recognize boards that have improved their governance and created long-term value for stakeholders by implementing forward-thinking D&I practices. The composition of the FHLBank San Francisco’s board is a result of the value that more than 300 member financial institutions – who nominate and elect our diverse mix of both member and independent directors – place on diversity and inclusion.

About Federal Home Loan Bank of San Francisco

The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions — commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions —propel homeownership, finance quality affordable housing, drive economic vitality and revitalize whole neighborhoods. Together with our members and other partners, we are making the communities we serve more vibrant, equitable, and resilient.

About NACD

The National Association of Corporate Directors (NACD) is the leading member organization for corporate directors who want to expand their knowledge, grow their network and maximize their potential. For more than 47 years, NACD has helped boards and the business community elevate their performance and create long-term value. Our leadership continues to raise standards of excellence and advance board effectiveness at thousands of member companies.