Flagstar Bank Executive and Leadership Team

July, 2026

Leadership Overview

Flagstar Bank has 10 executives leading key functions including finance, human resources, and regional operations.

Driven by a commitment to financial excellence, Flagstar Bank provides a comprehensive suite of banking products and digital services, impacting individuals and businesses nationwide with a legacy dating back to 1859.

Leadership Roles at Flagstar Bank

  • Chief Financial Officer & Dealer Broker - Shweta Pawani
  • Chief Financial Officer, Co-President & Co-Chief Operating Officer - Lee Smith
  • Divisional Chief Financial Officer I & Senior VP I, Mortgage Commercial Real Estate Multi Family - Sachin Adhikari
  • Chief Financial Officer, Commercial & Private Bank - Anthony Bilello
  • Manager, Office of the Chief Operating Officer and RDCC - Maureen Barilla
  • Flagstar Foundation President - Katherine Morgan
  • Executive Response Specialist-Office of the President - Marlene Lopez
  • Chief Human Resources Officer - Simone Betz
  • HR Executive - Eric Kracov
  • Regional Executive - Fay Hamid
  • Shweta Pawani - Chief Financial Officer & Dealer Broker

    Shweta Pawani, the Chief Financial Officer & Dealer Broker at Flagstar Bank, directs financial strategy and dealer financing operations. Overseeing the fiscal health of the organization, Pawani manages budgeting, forecasting, and financial reporting to ensure robust capital management. This leadership position involves optimizing the dealer broker services, a critical component of Flagstar's diversified loan portfolio, which includes specialty finance loans and leases. By ensuring seamless integration between financial operations and dealer partnerships, Shweta Pawani drives revenue growth and enhances market penetration within the automotive and recreational vehicle lending sectors. The role demands meticulous attention to regulatory compliance and risk mitigation across all financial transactions, supporting the bank's commitment to providing a full suite of digital banking services.

    Lee Smith - Chief Financial Officer, Co-President & Co-Chief Operating Officer

    Lee Smith, the Chief Financial Officer, Co-President & Co-Chief Operating Officer at Flagstar Bank, orchestrates multifaceted financial and operational directives. This dual executive role encompasses the oversight of all financial planning, analysis, and reporting, alongside the strategic management of core banking operations. Smith drives efficiency and scalability across the enterprise, ensuring that the bank's diverse loan portfolio, from multi-family real estate to consumer lending, operates with maximum effectiveness. By aligning financial objectives with operational execution, Lee Smith ensures the seamless delivery of banking products and services, including cash management solutions and digital banking platforms. The leadership of Smith is pivotal in maintaining the bank's strong market position and fostering sustainable growth across its national footprint, directly impacting the company's long history dating back to 1859.
    Lee Smith

    Sachin Adhikari - Divisional Chief Financial Officer I & Senior VP I, Mortgage Commercial Real Estate Multi Family

    Sachin Adhikari, the Divisional Chief Financial Officer I & Senior VP I, Mortgage Commercial Real Estate Multi Family at Flagstar Bank, spearheads financial strategy for key lending divisions. Adhikari directs the financial operations and performance analysis for the mortgage, commercial real estate, and multi-family portfolios, critical segments of Flagstar's diversified loan offerings. This executive ensures robust financial planning and capital allocation to support growth in these specialized areas. By providing strategic financial insights, Sachin Adhikari enables the expansion of acquisition and development financing and commercial and industrial loans. The role involves close collaboration with lending teams to optimize profitability and manage risk within these complex financial instruments, directly contributing to the bank's comprehensive service delivery across the United States.

    Anthony Bilello - Chief Financial Officer, Commercial & Private Bank

    Anthony Bilello, the Chief Financial Officer, Commercial & Private Bank at Flagstar Bank, drives financial strategy and performance for critical banking segments. Bilello oversees the financial planning, analysis, and reporting for the commercial and private banking divisions, ensuring alignment with the bank's overall fiscal objectives. This executive role is instrumental in managing the financial health of the company's commercial and industrial loans and specialty finance offerings. By providing strategic financial guidance, Anthony Bilello supports the growth and profitability of these key business lines, contributing to the bank's ability to serve small and mid-sized businesses effectively. The leadership of Bilello ensures sound financial management and resource allocation across these vital areas of Flagstar's operations.

    Maureen Barilla - Manager, Office of the Chief Operating Officer and RDCC

    Maureen Barilla, the Manager, Office of the Chief Operating Officer and RDCC at Flagstar Bank, supports critical operational initiatives and risk management functions. Barilla coordinates key projects and ensures the efficient execution of directives originating from the Chief Operating Officer, focusing on the Risk Data aggregation and Cyber Compliance (RDCC) framework. This role is vital for maintaining the integrity and security of Flagstar's digital banking services and its extensive loan portfolio. By facilitating communication and driving process improvements, Maureen Barilla enhances operational resilience and regulatory adherence. The position demands a keen understanding of banking operations and a commitment to upholding the highest standards of risk management across the organization.

    Katherine Morgan - Flagstar Foundation President

    Katherine Morgan, the Flagstar Foundation President at Flagstar Bank, leads the philanthropic arm of the organization, driving community engagement and investment. Morgan directs the strategic allocation of resources to support initiatives that align with Flagstar's commitment to social responsibility and community development across the United States. This leadership role involves fostering partnerships and overseeing programs that enhance financial literacy and economic opportunity. By championing the Foundation's mission, Katherine Morgan strengthens Flagstar's ties within the communities it serves, reinforcing the bank's dedication to positive societal impact beyond its core financial services. The Foundation's work complements the bank's broader objective of serving individuals and businesses.

    Marlene Lopez - Executive Response Specialist-Office of the President

    Marlene Lopez, the Executive Response Specialist-Office of the President at Flagstar Bank, provides critical support for high-level strategic initiatives and client relations. Lopez manages complex inquiries and ensures timely, effective communication between the Office of the President and internal/external stakeholders. This role is vital for maintaining operational continuity and addressing key concerns related to the bank's diverse financial offerings, including its extensive loan portfolio and digital banking services. By facilitating clear communication channels, Marlene Lopez supports the President's agenda and contributes to the bank's commitment to exceptional service and responsiveness across all its operations nationwide.

    Simone Betz - Chief Human Resources Officer

    Simone Betz, the Chief Human Resources Officer at Flagstar Bank, architects the human capital strategy to support the bank's expansive operations. Betz oversees all aspects of talent management, employee relations, compensation, and benefits, ensuring a high-performing workforce aligned with Flagstar's mission. This leadership role is crucial for attracting, developing, and retaining the talent necessary to deliver a full suite of digital banking services and manage a diverse loan portfolio. By fostering a culture of engagement and professional growth, Simone Betz enhances organizational effectiveness and supports the bank's strategic objectives across the United States. The focus remains on building a resilient and skilled team capable of navigating the dynamic financial services landscape and upholding the company's long-standing reputation.
    Simone Betz

    Eric Kracov - HR Executive

    Eric Kracov, the HR Executive at Flagstar Bank, contributes to the strategic development and implementation of human resources initiatives. Kracov supports the Chief Human Resources Officer in managing talent acquisition, employee development programs, and HR policy enforcement across the organization. This role is essential for ensuring that Flagstar Bank maintains a robust and engaged workforce capable of delivering exceptional banking products and digital services. By focusing on employee well-being and professional growth, Eric Kracov helps cultivate a positive work environment that supports the bank's operational objectives and its long-standing commitment to its customers and employees nationwide.

    Fay Hamid - Regional Executive

    Fay Hamid, the Regional Executive at Flagstar Bank, directs market strategy and business development within designated geographic areas across the United States. Hamid oversees the expansion of Flagstar's banking products and services, ensuring alignment with regional market needs and corporate objectives. This leadership position involves cultivating strong relationships with clients and stakeholders to drive growth in deposit accounts, loan portfolios, and digital banking adoption. By focusing on regional performance, Fay Hamid plays a key part in enhancing Flagstar's market presence and delivering tailored financial solutions to individuals and businesses. The executive's efforts are critical to achieving the bank's nationwide growth targets.

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    Frequently Asked Questions Regarding Flagstar Bank Top Executives and Leadership Team

    Who leads Flagstar Bank?
    Flagstar Bank is led by Shweta Pawani (Chief Financial Officer & Dealer Broker), along with executives such as Lee Smith (Chief Financial Officer, Co-President & Co-Chief Operating Officer) and Sachin Adhikari (Divisional Chief Financial Officer I & Senior VP I, Mortgage Commercial Real Estate Multi Family).
    Who is part of Flagstar Bank’s executive team?
    The executive team of Flagstar Bank includes leaders such as Shweta Pawani (Chief Financial Officer & Dealer Broker), Lee Smith (Chief Financial Officer, Co-President & Co-Chief Operating Officer), Sachin Adhikari (Divisional Chief Financial Officer I & Senior VP I, Mortgage Commercial Real Estate Multi Family) and other senior executives.
    How many executives does Flagstar Bank have?
    Flagstar Bank has 10 executives leading key business areas.
    What roles are included in Flagstar Bank’s leadership team?
    The leadership team of Flagstar Bank includes roles such as Chief Financial Officer & Dealer Broker, Chief Financial Officer, Co-President & Co-Chief Operating Officer, Divisional Chief Financial Officer I & Senior VP I, Mortgage Commercial Real Estate Multi Family, Chief Financial Officer, Commercial & Private Bank, Manager, Office of the Chief Operating Officer and RDCC.