The board of directors of The Association of Mortgage Professionals (NAMB) has chosen the organization’s current president, Donald Frommeyer, to serve in the newly created position of chief executive officer.
The NAMB board said that the creation of the CEO position was due to the association “reaching a time in which we need an individual constantly representing the membership and a consistent face of the association.”
In the new role, Frommeyer has been tasked with building the public NAMB brand and image of the association. The NAMB board said that Frommeyer’s responsibilities will also be “primarily geared toward the association’s external/public relations.”
Frommeyer will also assist NAMB’s new president, John Councilman, with special projects and other tasks. Frommeyer will also continue to represent NAMB in national industry panels and will hold the position of immediate past president on the new board of directors.
“The time is right to promote the association nationwide,” said NAMB Board Member Olga Kucerak. “We selected Don because of his tireless efforts and dedication to protect consumers’ choice and his efforts in fighting the good fight.”
Frommeyer will take over the CEO role when his current term as president expires. Councilman will be sworn into his new role as president on September 14 during the NAMB National convention in Las Vegas.
"NAMB is currently in a position of great prominence and is growing," said Frommeyer. "The association is regularly called upon by regulators such as the Consumer Financial Protection Bureau for face-to-face meetings, and we are well known by our elected officials both on Capitol Hill and locally.
“As CEO of the association, I plan to keep the NAMB brand at the forefront of mortgage professionalism, and will seek new ways in which to have our members as the first choice for the home buying needs of the American consumer."