Derek Bryson Park, PhD, and His Leadership of the FHLBNY

Derek Bryson Park

Derek Bryson Park, PhD, joined New York City’s Forefront Wealth Management as managing director in 2013. In this role with Forefront Wealth Management, Derek Bryson Park, PhD, draws on experience in a variety of leadership positions, including director of the Federal Home Loan Bank of New York (FHLBNY).

He received his initial appointment as director from the Clinton White House in the spring of 1999 and was then reappointed in January of 2000 for a full three-year term, which included two years serving under the Bush administration. During his time as director, he led a number of special FHLBNY initiatives and held positions on the Audit Committee and Executive Committee. In addition, he regularly represented the bank before the International Union of Housing Finance.

In 2003 Derek Bryson Park, PhD, received the Certificate of Commendation in recognition of his work with the FHLBNY. The honor was bestowed, in part, as an acknowledgment of his efforts in leading the bank to secure a $1 million bond to be used for disaster recovery efforts in the wake of the World Trade Center terrorist attacks of 2001.