Prue B. Larocca
Director (Chair and Lead Independent Director); Audit Committee, Compensation and Corporate Governance Committee, Executive Committee (Chair)
Ms. Larocca retired in 2011 from Royal Bank of Scotland (RBS), where, from 1997 until her retirement, she was a Managing Director in the firm’s Mortgage-Backed and Asset-Backed Finance Group. She is a widely recognized expert in the areas of housing finance and securitization and previously served on the board of the American Securitization Trade Association and the Housing Preservation Foundation. Prior to joining RBS, Ms. Larocca was a Senior Vice President at Lehman Brothers in the mortgage finance business, managed the consumer and single family securitization business for the Resolution Trust Corporation, and practiced law with the firms of Milbank, Tweed, Hadley and McCloy and Kutak Rock. She is a graduate of the Georgetown University Law Center and Indiana University.