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The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced President and CEO Kirk R. Malmberg will retire, effective Dec. 31. He held the leadership positions since 2021.

Reginald T. O’Shields will succeed Malmberg, effective Jan. 1, 2026. O’Shields has been with the bank and is currently executive vice president and chief legal and compliance officer. Previously, O’Shields served as director of enterprise solutions, general counsel, and chief compliance and ethics officer for the bank.

The bank did not announce who would take over the positions currently held by O’Shields.

“We are sincerely grateful for the impact Kirk has made during his four and a half years as CEO and nearly 30 years of combined service and dedication to the bank and FHLBank System,” said Thornwell Dunlap, FHLBank Atlanta’s chairman of the board. “His strategic vision and steady guidance have significantly helped advance our mission and position the bank for ongoing success.”

“Leading FHLBank Atlanta has been an extraordinary privilege,” said Malmberg. “I am deeply grateful for the dedication of our employees and the trust of our members, and I am confident the bank will continue to thrive under Reggie’s leadership.”