Former Farm Credit Canada CEO John Ryan has been named CEO of Rabobank International’s U.S. ag lending arm.
Ryan will assume the post of president and CEO of Rabo AgriFinance on Oct. 1, replacing Rick Henderson, who announced his plans to retire earlier this year.
Ryan was CEO of FCC from 1997 until his term expired in November last year. Then-federal Agriculture Minister Chuck Strahl last August named Greg Stewart, the federal ag lending agency’s chief operating officer, as Ryan’s replacement.
“During his decade-long tenure (at FCC), Mr. Ryan led the strategic
repositioning and expansion of Farm Credit Canada into the country’s largest agricultural lender, achieving 300 per cent growth in loans and a considerable increase in profits, as well as the development of several new lines of business,” Rabo wrote in a release.
Before his stint at FCC, Ryan had spent 25 years with what’s now the Business Development Bank of Canada, lastly as its chief operating officer.
Based in St. Louis, Mo., Rabo AgriFinance manages assets of about US$5 billion.