Flagstar Bancorp, headquartered in Troy, announced the appointment of Toan Huynh and Lori Jordan to its board of directors, keeping a promise made in July to further diversify its board by adding women of color. Both will also serve on the board of Flagstar Bank, the wholly owned subsidiary of the corporation.
Huynh is an independent director of Bankers Financial Corp. with more than 20 years of experience in various industries designing and implementing digital transformation programs. Jordan is currently with Amazon.com Inc., where she is strategic product leader for the Amazon Flex Last Mile and Last Mile organizations.
“(Huynh and Jordan) are exceptional leaders who are standouts in the many fields where they operate. Both have experience with fintechs, cloud platforms, eCommerce, and other technologies that are rapidly transforming the banking and mortgage businesses,” says Alessandro DiNello, president and CEO of Flagstar. “I’m confident that the skill sets they bring will prove invaluable as we position Flagstar for continued success.”
Huynh chairs the compensation committee and is a member of the audit, compliance, and executive committee, as well as the enterprise risk committee at Bankers Financial. She is an active investor and advisor to high-growth technology and software-as-a-service companies.
She previously served as entrepreneur-in-residence at Citi Ventures and as the U.S.-based partner of Information Venture Partners where she helped lead investments in financial services technologies, including fintechs, banking-as-a-service, and payments. She also was an independent director for Phillips Edison Inc., where she served as a member of the audit and compliance committee. She is a long-time supporter of women in technology, venture investing, and finance.
Jordan has more than 25 years of experience and spent seven years at Microsoft Corp., serving as director of strategy and business development for the Azure core platform, machine learning, and artificial intelligence. She also launched two early-stage venture funds, held key positions with companies engaged in eCommerce, co-founded a boutique merger and acquisition advisory firm, and more.
Flagstar Bancorp is a $29.5 billion savings and loan holding company. Flagstar Bank provides commercial, small business, consumer banking services through 160 branches in Michigan, Indiana, California, Wisconsin, and Ohio, and provides home loans through a wholesale network of brokers and correspondents in all 50 states.