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FHLBNY appoints John R. Buran as chairman

John R. BuranThe Federal Home Loan Bank of New York (FHLBNY) announced that John R. Buran has been elected to serve as the chairman for a two-year term that will commence on January 1, 2018.

Mr. Buran is president and CEO of Flushing Financial Corporation, and Flushing Bank.

Mr. Buran joined the holding company and the bank in 2001 as chief operating officer and he became a director of these entities in 2003.

In 2005, he was named president and CEO of both entities.

His career in the banking industry began with Citibank in 1977.

There, Mr. Buran held a variety of management positions including business manager of its retail distribution in Westchester, Long Island and Manhattan; and vice president in charge of its Investment Sales Division.

Mr. Buran is past Chairman and current Board member of the New York Bankers Association.

In 2011, he was appointed to the Community Depository Institutions Advisory Council of The Federal Reserve Bank of New York.

Since 2012, Mr. Buran has been a member of the Nassau County Interim Finance Authority, the county's financial control board.

Mr. Buran serves on the boards of the Long Island Association, Long Island University and Channel 21.


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