The Mortgage Bankers Association’s Chief Operating Officer will retire on the end of the year, the corporate introduced Wednesday.
Marcia Davies joined the MBA in 2011 as senior vp of convention and conferences and chief of employees beneath former President and CEO David Stevens. She was promoted to chief working officer in 2014.
“Her most important contribution to MBA was her management in restoring monetary stability to the affiliation,” President and CEO Bob Broeksmit stated in a press launch. “Her legacy within the business would be the founding and improvement of mPower, enhancing the flexibility of 1000’s of girls in our business to strengthen their networks, conduct extra enterprise, and expertise private {and professional} progress.”
In 2016, Davies based mPower, MBA Promoting Opportunities for Women to Extend their Reach. Under her management, this system has expanded to 26,000 members, internet hosting conferences, webinars, networking occasions and on-line alternatives to promote girls within the mortgage business.
As chief working officer, Davies has been liable for cross-organizational alignment and implementing initiatives. She serves as the corporate’s lead strategist for exterior actions as properly, managing the general public affairs and advertising divisions. Davies additionally directs the MBA’s Conferences, Membership, Education, Information Technology and Office Services divisions.
Prior to the MBA, Davies labored as a senior advisor to the assistant secretary for housing and federal housing commissioner on the U.S. Department of Housing and Urban Development and spent 21 years at Freddie Mac, which the MBA has opposed a merger with, the place she held a range of senior administration positions.
In a separate assertion, the MBA introduced the promotion of three affiliation leaders as half of a restructuring of the features led by Davies.
Peter Grace, beforehand senior vp of membership, schooling, know-how and technique, was promoted to chief administrative officer and senior vp of business schooling and know-how.
Laura Hopkins was promoted to senior vp of membership and conferences after serving as vp of membership.
John Mechem, who had been vp of public affairs, was promoted to senior vp of public affairs and advertising.
“MBA is blessed with a powerful bench of up-and-coming confirmed leaders, permitting us to create upward mobility for these three gifted people already on employees,” Broeksmit stated.
