He will continue to
report to David L. Finkelstein, Annaly’s Chief Executive Officer and a
member of the Company’s Board of Directors, who previously held the role of
Chief Investment Officer since 2016.
As
Chief Investment Officer, Ertas will be responsible for overseeing all of
Annaly’s investment strategies including capital allocation, growth initiatives
and overall portfolio operations. He will continue to serve as a member of
Annaly’s Operating Committee.
David
L. Finkelstein, Chief Executive Officer, commented: "...I’ve worked with
Ilker for over two decades and I am confident in his ability to manage our
investment strategies and deliver a strong return for our shareholders.”
Ertas
received a B.S. in Industrial Engineering from Bogazici University in Istanbul,
Turkey and a M.B.A. from the
Yale School of Management.
CONTACT:
Annaly
Capital Management, Inc.
Investor Relations
1-888-8Annaly
investor@annaly.com
Source:
Annaly Capital Management, Inc
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