FHLBank Chicago Financial Leadership Organization Announcement

  • November 15, 2022

For more than 38 years, Roger Lundstrom has led financial management for the Federal Home Loan Bank of Chicago (FHLBank Chicago). Effective December 31, 2022, Mr. Lundstrom will step down from his role as Chief Financial Officer, a leadership position he has held since 2008. Mr. Lundstrom has been a tremendous asset to FHLBank Chicago during his long tenure. He will leave behind an indelible list of accomplishments, most notably helping to create the Mortgage Partnership Finance® (MPF®) Program and transforming the Bank as a proactive partner serving our members and their communities. As CFO, Mr. Lundstrom has led the Bank through various highs and lows and has been instrumental in establishing the Bank as a financial leader.

Mr. Lundstrom will pass the financial leadership torch to Virxhini Gjonzeneli, who will step into the role of Chief Financial Officer, effective January 1, 2023. To ensure a smooth transition, Mr. Lundstrom will stay on with the Bank as an Executive Financial Advisor through the first few months of 2023. Ms. Gjonzeneli's past experience and success in her prior roles make her well poised to take the reins as CFO. During her time at the Bank, she has served in a variety of positions of increasing responsibility, most recently serving as our Executive Vice President and Group Head of Member Support and Strategy since 2017.

Chris Claffy will take over Ms. Gjonzeneli's vacated role as Group Head of Member Support and Strategy reporting to Michael Ericson. Mr. Claffy will join the Executive Team as a leader of this function and continue to drive the successful execution of our mission. 

Please join me in thanking Mr. Lundstrom for his decades of dedicated service, partnership, and collaboration at the Bank and please join me in congratulating Ms. Gjonzeneli and Mr. Claffy in their new roles.

Best regards,

Michael Ericson

President and CEO

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Casey Reidy 
Director, Communications 

Heather Bockstruck
Assistant Director, Communications