2012 AREAA National Convention

Managing Director

Fred Bolstad is the Managing Director of Citi’s Mortgage Lending - Retail channels, reporting to the Head of Originations, Mark Danahy. Prior to that, he managed the National Sales channel. In his current role, Bolstad is responsible for the sales initiatives across CBNA, Retail Partnerships, and our Relationship channels (Corporate Relocation, Wealth Management, and Employee). He has full responsibility for the P&L, channel strategy, and the customer experience. Combined channels funded over $60 billion in 2011. Bolstad has over 20 years of experience in the mortgage and finance industries. Prior to his position as Managing Director, Bolstad spent five years at Citigroup as National Sales Director for Retail Lending and National Sales Director for Smith Barney Home Loan Program. Bolstad spent five years out of college with Citigroup as a Management Associate, Branch Manager and Area Sales Manager. Other experience includes working as a Finance Manager for Nissan Motor Corp., an Area Manager for Norwest Mortgage and a Regional Sales Manager for Wells Fargo. Bolstad holds a Bachelor’s Degree in Economics and a Master’s Degree in Finance, both from the University of Minnesota.