Industry veteran Broeksmit to succeed retiring CEO Stevens

Broeksmit

Robert Broeksmit has been tapped as the next CEO of the $68 million-revenue Mortgage Bankers Association. He will succeed David Stevens, who previously announced that he would retire in September.

Broeksmit is a mortgage industry veteran with a career spanning more than three decades. He most recently was president and COO of Treliant Risk Advisors.

"MBA has never been stronger, and we have full confidence that Bob is the right person to take MBA to even greater heights," David Motley, chairman of MBA's board of directors, said in a June 7 news statement. "He brings with him decades of industry knowledge and leadership experience at a time when our industry is facing great change and disruption."

Before joining Treliant in 2011, Broeksmit held several senior leadership positions in mortgage banking, including president of B.F. Saul Mortgage Company and executive vice president of Chevy Chase Bank.

He has a bachelor's degree in history from Yale University and is a certified mortgage banker.

Stevens announced in 2017 he would retire this year to focus on his health and family. He was previously been diagnosed with prostate cancer.

Recruitment firm Spencer Stuart assisted in the search.