Peter Akwaboah

Acting Chief Executive Officer, and Executive Vice President and Chief Operating Officer Fannie Mae

Last Reviewed: October 1, 2026

Executive Summary

Peter Akwaboah has been Fannie Mae’s Acting Chief Executive Officer since October 2025, when Priscilla Almodovar left the company, and continues as its Chief Operating Officer, a role he has held since May 2024. As COO he oversees enterprise shared services, including the Chief Information Office, enterprise security and resilience, operations and workplace functions. He joined from Morgan Stanley, where he was COO of Technology and Head of Innovation, after more than a decade at the Royal Bank of Scotland. Fannie Mae ranked No. 26 on the 2026 Fortune 500.

Career Highlights

• Acting Chief Executive Officer of Fannie Mae since October 2025.
• Executive Vice President and Chief Operating Officer of Fannie Mae since May 2024.
• Managing Director at Morgan Stanley, 2015 to 2024; COO of Technology and Head of Innovation.
• Asia Pacific Chief Operating Officer at the Royal Bank of Scotland.

Professional Journey

Akwaboah held leadership roles in operations, technology and strategic consulting at IBM, KPMG and Deutsche Bank, then spent more than a decade at the Royal Bank of Scotland, where he served as Asia Pacific Chief Operating Officer.

He joined Morgan Stanley as a managing director in 2015. From 2017 to 2020 he led its Global Shared Services and Banking Operations, and he ultimately served as COO of Technology and Head of Innovation. He was a member of the Federal Reserve Bank’s Payments Risk Committee and a director of the Morgan Stanley Foundation.

He joined Fannie Mae in May 2024 as Executive Vice President and Chief Operating Officer. On 22 October 2025 he was appointed Acting Chief Executive Officer, in addition to his COO role. He serves on the boards of the Foundation of Orthopedics and Complex Spine and the Museum of American Finance.

Education

No first-party source read for this profile states his education.