Fannie Mae taps Credit Suisse veteran as chief audit executive

“Her contributions will be essential to maintaining Fannie Mae’s strong culture of corporate governance and rigorous internal controls,” he added. “I also want to thank Doug for his leadership and contributions to ensure we have a high-performing internal audit function that executes on Fannie Mae’s mission with a focus on safety and soundness.”

Yang has 25 years of financial services experience under her belt, in which she led multi-disciplinary teams and developed internal control and audit frameworks across large financial institutions. Before Fannie, she was the head of audit for investment banking fixed income, US legal entities, and Americas compliance at Credit Suisse.

“I’m thrilled to be leading a critical component of Fannie Mae’s business strategy and joining such a mission-driven organization,” said Yang. “I look forward to partnering with my colleagues across the enterprise and working with the board of directors and management to drive Fannie Mae’s ongoing audit and key risk assessment strategy in support of a safer and more effective housing finance system.”