28.12.2016 22:12:00
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MTGE Investment Corp. Elects Julia Coronado to Board of Directors
BETHESDA, Md., Dec. 28, 2016 /PRNewswire/ -- MTGE Investment Corp. ("MTGE" or the "Company") (Nasdaq: MTGE) announced today that its Board of Directors has elected Julia L. Coronado to the Board effective immediately. Ms. Coronado will serve as an independent director on the Company's Audit and Compensation and Corporate Governance Committees. MTGE's Board of Directors now consists of four members, including three independent directors.
Ms. Coronado currently serves as the Chief Economist for Graham Capital Management, an alternative investment firm. In her role at Graham Capital, Ms. Coronado is responsible for formulating the company's global forecast for inflation and monetary and fiscal policy and also serves on the Investment and Risk Committees. Prior to joining Graham Capital, Ms. Coronado was Chief Economist, North America, and Managing Director at BNP Paribas from 2009 to 2014. From 2006 to 2009, she was a Senior U.S. Economist and Director at Barclays Capital, where she helped formulate the forecast for the U.S. economy and Fed policy. Earlier in her career, Ms. Coronado served as an Economist at the Federal Reserve Board of Governors. In addition to her work at Graham Capital, Ms. Coronado is currently a member of the New York Federal Reserve's Treasury Market Practice Group and Economic Advisory Panel and also serves on the Brookings Economic Studies Council. Ms. Coronado holds a Ph.D. in Economics from the University of Texas at Austin and a B.S. in Economics from the University of Illinois at Urbana-Champaign.
"Julia brings a unique perspective to the MTGE board as a thought leader in U.S. monetary and fiscal policy with significant experience in the financial services industry. We are delighted to have her join the Board and look forward to working with her," said Gary Kain, MTGE's Chief Executive Officer, President and Chief Investment Officer.
For further information or questions, please contact Investor Relations at (301) 968-9220 or IR@MTGE.com.
ABOUT MTGE INVESTMENT CORP.
MTGE Investment Corp. is a real estate investment trust that invests in and manages a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other real estate-related investments. The Company is externally managed and advised by MTGE Management, LLC, an affiliate of AGNC Investment Corp. (Nasdaq: AGNC). For further information, please refer to www.MTGE.com.
CONTACT:
Investor Relations - (301) 968-9220
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mtge-investment-corp-elects-julia-coronado-to-board-of-directors-300383903.html
SOURCE MTGE Investment Corp.
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