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Bank Leadership

Milton J. Miller II
President - Chief Executive Officer
Milton Miller became President - CEO of the Federal Home Loan Bank of Indianapolis (FHLBI) on July 16, 2007. Miller is Chairman of the FHLBank Presidents' Conference and chairs the steering committee. He serves on the boards of the Office of Finance and Pentegra.

Previously, Miller had served as FHLBI's Chief Financial Officer since 1985. In this capacity, he was responsible for credit, investments, funding, derivatives, and risk management. During this period, he took a major role in the development of the Mortgage Purchase Program (MPP). Miller began his career at the FHLBI in 1978 as a research associate and subsequently held the roles of assistant economist, cash manager and asset/liability manager prior to his appointment as CFO.

Miller received a BS in management and administration and an MBA in finance from Indiana University, and holds a Chartered Financial Analyst designation.


Cindy L. Konich, Executive Vice President
Chief Operating Officer - Chief Financial Officer
Konich is responsible for all treasury department functions including cash management, bank funding that involves the extensive use of derivatives, and asset/liability management. She was instrumental in the development of the FHLBI's retained earnings policy and capital plan and is involved in the overall strategic financial planning and forecasting process. Further, she oversees information technology and communications.

Konich has been with the FHLBI since 1984. She holds both a BS in economics and an MBA from Indiana University, and is a Certified Public Accountant.



Jonathan R. West, Executive Vice President
Chief Operating Officer - Business Operations

West is responsible for the overall management of the products, including member credit, mortgage acquisitions, affordable housing and marketing/sales. He oversees the Bank's government outreach effort, legal, human resources, including its Office of Minority and Women Inclusion, and facilities.

West graduated Phi Beta Kappa from Indiana University with a double major in political science and psychology. He also holds an MBA from the Indiana University Graduate School of Business and a JD from Indiana University School of Law.


Sunil U. Mohandas, CFA
Senior Vice President - Chief Risk Officer
Sunil leads the Corporate Risk Management group, which is responsible for the measuring, monitoring and reporting of credit, market and operational risks. Sunil began his career at the FHLBI in 2002. Prior to joining the FHLBI, Sunil was the head of the Risk Management Department at the Dai-Ichi Kangyo Bank (now Mizuho Bank). He also worked at Citibank, Signet Bank and at Symmetrix, a Boston-based consulting firm.

Sunil received a B. Tech. in Mechanical Engineering from IIT Bombay and has a PhD from the University of Missouri-Columbia. He is holds a Chartered Financial Analyst designation and is an executive committee member of the CFA Society of Indianapolis.



K. Lowell Short, Jr., CPA
Senior Vice President - Chief Accounting Officer 
Lowell manages the bank's financial reporting, accounting and budgeting functions. He joined FHLBI in August 2009. He has over 25 years' experience in the financial services industry.  He served as a member of the board of directors of One America Funds, Inc. in Indianapolis, Indiana from 2007 to 2009, and was a member of that board's Audit Committee. From 2006 to 2007, Lowell served as Executive Vice President - Chief Financial Officer of Forethought Financial Group in Indianapolis and Batesville, Indiana. He was Senior Vice President at Conseco Companies in Carmel, Indiana from 1990 to 2006, where he was responsible for the accounting and financial reporting functions of the Conseco insurance companies.

Lowell received his MBA in finance from Indiana University and his BS in accounting from Olivet Nazarene University, Bourbonnais, Illinois.


Gregory L. Teare
Senior Vice President - Chief Banking Officer
Teare is responsible for member services, which includes credit services, the Mortgage Purchase Program, affordable housing and community investment programs, and marketing.

Teare joined the FHLBI in September 2008. He has over 30 years' experience in the financial services industry. He most recently was Risk Management Senior Manager at PricewaterhouseCoopers in Seattle, Washington, and Vice President and Director of Mortgage Purchase at the Federal Home Loan Bank of Seattle. He earned his undergraduate degree from The Ohio State University and an MBA from the University of Akron.



Gregory J. McKee, CPA
First Vice President - Director of Internal Audit 
McKee serves as the bank's director of internal audit, responsible for all audit functions including financial and information technology reviews, Sarbanes-Oxley testing, and validations of the bank's financial models. McKee began his career at the FHLBI in 1996 as a staff auditor and was appointed audit director in 2006. Prior to joining the FHLBI, McKee worked as a financial analyst at the National Futures Association in Chicago, Illinois, the self-regulatory organization for the US futures industry.

McKee received his BS in accounting and MBA in finance from Indiana University and holds a Certified Public Accountant designation.


Updated: September 30, 2011