FHLB Des Moines Names Brett Manning Business Chief
The bank appointed Brett Manning as chief business officer following Wil Osborn's promotion to president and CEO.
Updated on Oct. 20, 2026 in People
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The Federal Home Loan Bank of Des Moines has appointed Brett Manning as its new chief business officer. Manning stepped into the role on October 16, 2026, succeeding Wil Osborn, who became the bank's president and CEO earlier in the month.
Why it matters
The leadership changes at the Des Moines-based institution mark a significant internal transition as the bank continues to manage its regional mortgage and financial services for over a thousand members.
The FHLB system operates 11 regional banks that serve 1,200 member institutions across 13 states and 3 U.S. Pacific territories. Brett Manning, a Chartered Financial Analyst, has been with the bank since 1998.
The players
Brett Manning
He is the newly appointed chief business officer at the Federal Home Loan Bank of Des Moines who previously served as the director of Member Strategies and Solutions.
Wil Osborn
He is the current president and chief executive officer of the Federal Home Loan Bank of Des Moines.
The details
Manning moves into the chief business officer position after serving as the bank's director of Member Strategies and Solutions. He holds a bachelor's degree in finance from Western Washington University and has built a long tenure with the bank, starting his career there in 1998.
Timeline
Brett Manning began his Federal Home Loan Bank career in 1998.
Wil Osborn assumed the role of president and CEO on October 1, 2026.
Brett Manning became chief business officer on October 16, 2026.
FHLB Des Moines announced the leadership appointment on October 20, 2026.
Market Landscape
This leadership transition occurs as the Federal Home Loan Bank system continues to serve as a critical liquidity provider for housing finance across the country. The appointment reflects a move to maintain continuity within the 11-bank network during a period of executive turnover.
The appointment of a new chief business officer suggests ongoing stability for the member institutions relying on the bank for financial services. Customers and stakeholders should expect continued service delivery as the new leadership team settles into their respective roles.
The takeaway
Internal executive transitions often signal a focus on long-term institutional continuity rather than a shift in core corporate strategy. Banking members should monitor the new chief business officer's upcoming communications for potential changes to service offerings.
Further reading
For more information on local business leadership updates, visit People.
More information
For additional details on the bank's operations, visit the FHLB Des Moines information portal.
Source note: This article includes information reported by The Manila times.
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