Federal Home Loan Bank of Des Moines Names Wil W. Osborn President & CEO

What Happened The Federal Home Loan Bank of Des Moines filed an 8-K on September 3, 2026, announcing that its Board has appointed Wil W. Osborn as President and Chief Executive Officer effective October 1, 2026. Osborn, age 61, currently serves as the Bank’s Chief Business Officer and will succeed Kristina K. Williams, who announced in January 2026 that she will retire after serving as president and CEO since January 2020. The Bank also furnished a news release and member communication under Regulation FD as exhibits to the filing.

Key Details

• Appointment effective October 1, 2026; announcement filed September 3, 2026.
• Annual base salary: $900,000; eligible for annual and long‑term incentive awards with a maximum potential incentive equal to 100% of base salary.
• Osborn joined the Bank in 2020; previously served as SVP and CFO of the Federal Home Loan Bank of Topeka (since 2010) and has experience in investment management and performance measurement.
• Filing states Osborn has no reportable related‑party transactions, no family relationships with Bank directors or officers, and no special arrangements related to his selection.

Why It Matters This is a leadership transition at the Bank with an internal promotion to CEO, signaling continuity in management and strategy. The filing discloses compensation and incentive potential, which are relevant to evaluating the cost of executive leadership and pay‑for‑performance structure. The statements about no related‑party transactions or special arrangements address basic governance and conflict‑of‑interest considerations for members and investors.