Priscilla Almodovar
Priscilla Almodovar | |
|---|---|
| Born | Sunset Park, Brooklyn and Freeport, Long Island, New York, U.S. |
| Occupation | Business executive |
| Years active | 1987–present |
| Known for | President and CEO of Fannie Mae |
Priscilla Almodovar serves as the president and chief executive officer of Fannie Mae.
Early life and education
Raised in both Sunset Park, Brooklyn and Freeport, Long Island, Almodovar completed her undergraduate studies at Hofstra University in 1987. She later obtained her Juris Doctor degree from Columbia Law School.
Career
Almodovar launched her professional journey at the New York-based law firm White & Case, where she was a corporate finance partner for 14 years. In 2005, she took on the role of deputy policy director for Eliot Spitzer's campaign for New York governor. Following Spitzer’s 2006 election victory, she assumed leadership positions at the New York State Housing Finance Agency and the State of New York Mortgage Agency.
In 2010, she transitioned to JPMorgan Chase as a managing director, where she eventually headed the divisions focused on community development banking and real estate banking. By 2016, Affordable Housing Finance recognized her as one of the most influential women in the real estate sector.
Almodovar became president and CEO of Enterprise Community Partners in 2019, managing a $3.5 billion affordable housing program initiated in 2020.
She joined the board of Phoenix-based real estate investment trust VEREIT in 2021. After its acquisition by Realty Income that same year, she was appointed to Realty Income’s board.
In 2022, Almodovar was named CEO of Fannie Mae and was added to its board of directors. In 2024, Forbes included her among the World's Most Powerful Women, noting her distinction as the sole Latina leading an S&P 500 firm. Additionally, Fortune featured her on its Most Powerful Women lists for both 2024 and 2025. That year, she also took on the role of president at Fannie Mae.
Personal life
Almodovar is married to Eric Dinallo, who served as New York State superintendent of insurance from 2007 to 2010. The couple has two children.