M&T Bank Names Lopa Kolluri as Head of Affordable Housing Lending

Core Insights - M&T Bank has appointed Lopa Kolluri as Head of Affordable Housing Lending, emphasizing its commitment to affordable housing and community support [1][2] - Kolluri will oversee the development and management of the Affordable Housing vertical, aiming to enhance customer service and expand business opportunities [1][2] - The bank recognizes the growing need for affordable housing and aims to provide comprehensive financing solutions to meet client needs [2][3] Company Overview - M&T Bank Corporation is headquartered in Buffalo, New York, and operates in 12 states across the northeastern U.S. [5] - The bank's principal subsidiary, M&T Bank, offers a range of banking products and services, including trust-related services in select markets [5] Leadership Background - Lopa Kolluri brings over 25 years of experience in affordable housing and community development, previously serving as Senior Vice President in M&T's Commercial Real Estate Innovation Office [2][3] - Before joining M&T, Kolluri led the Federal Housing Administration at the U.S. Department of Housing and Urban Development, overseeing $1.2 trillion in insured mortgages [3]