#United States #St. Paul #AgriBank #Farm Credit #Jeff Swanhorst

AgriBank's CEO Jeffrey Swanhorst to Retire in 2027

Jeffrey Swanhorst, currently serving as the CEO of AgriBank, has announced his plan to retire in mid-2027, marking the end of a remarkable 44-year career with the Farm Credit System. His retirement was officially announced by AgriBank during a recent meeting, highlighting the significant impact that Swanhorst has had within the agricultural finance community.

Chris Roberts, the chairman of the AgriBank Board of Directors, expressed profound gratitude towards Swanhorst, stating, "I believe I speak for many of our colleagues in recognizing Jeff's invaluable leadership over the years. His commitment to supporting rural communities and agriculture has been exemplary."

Swanhorst's journey with AgriBank began as a summer intern, after which he held various key positions, eventually leading him to the role of CEO in 2018. His extensive experience in agricultural finance has positioned him as a leading advocate for rural communities, ensuring that the needs of farmers and producers are met comprehensively.

Reflecting on his career, Swanhorst stated, "I am deeply grateful for the opportunity to have dedicated my career to supporting those who feed the world. It has been incredibly fulfilling to play a part in the Farm Credit System and its mission to serve agriculture and the rural American community."

As Swanhorst prepares for his retirement, a committee formed by the AgriBank board has begun the search for his successor, starting with the engagement of an executive search firm. The new CEO will have big shoes to fill, as Swanhorst has been integral to the organization’s effectiveness, ensuring operational stability and the delivery of crucial financial services to farmers.

Upon the transition, Swanhorst will serve in a senior advisory role to facilitate a smooth handover until his retirement date in July 2027. Apart from overseeing operations at AgriBank, he also holds significant positions on governing boards, including the Federal Farm Credit Banks Funding Corporation and the SunStream Business Services, which will also transition as per their governance structures.

AgriBank plays a vital role in the nationwide Farm Credit System, being predominantly owned by local Farm Credit Associations. It provides financing solutions to those Associations, supporting their efforts to assist rural clientele. The AgriBank District spans across 15 states, servicing areas from Wyoming to Ohio and Minnesota to Arkansas, thus having a significant footprint in the agricultural sector.

In conclusion, as the AgriBank community prepares for a new chapter in leadership, the emphasis remains on continuing the legacy of support for agriculture and rural America. Jeffrey Swanhorst's departure will undoubtedly mark the end of an era, but he leaves behind a strong foundation and a dedicated team committed to advancing the mission of AgriBank and the Farm Credit System.