A new executive director and CEO has taken the helm at the Pennsylvania Housing Finance Agency (PHFA).
Robin Wiessmann has been named to the top post by the agency’s board of directors after serving as secretary of the state Department of Banking and Securities since 2015. During that time she managed the supervision of nearly 200 depository institutions, 24,000 nondepository licensees, and 230,000 securities professionals. From 2007 to 2009, she served as Pennsylvania state treasurer, during which time she was the primary fiduciary and custodian of $120 billion of state funds.
Wiessmann takes over PHFA from longtime executive Brian Hudson, who retired after 45 years with the agency.
“I am honored to have this opportunity to lead PHFA, which does so much good work across the state making sure that people have quality, affordable places to live,” she said in a statement. “During its 47 years of existence, the agency has established a stellar reputation for addressing housing needs across Pennsylvania, and I look to continue building on that strong record of accomplishment.”
Earlier in her career, Wiessmann was a founding principal and president of Artemis Capital Group, the first women-owned investment banking firm on Wall Street. Prior to co-founding Artemis, she served as a vice president of public finance at Goldman Sachs.
PHFA is a state-affiliated agency that works to expand affordable housing options for Pennsylvanians. Its staff of 322 manages a variety of statewide housing initiatives, including allocating low-income housing tax credits and other financing for affordable housing.