Thomas Kim has been promoted to senior vice president (SVP) of commercial/multifamily at the Mortgage Bankers Association (MBA).
Kim, who joined the MBA in 2011, previously served as SVP of commercial/multifamily policy. In that role, he managed the MBA's public policy activities impacting the commercial/multifamily finance industry.
Prior to joining the MBA, Kim served as associate general counsel at Freddie Mac, advising the company on a broad range of legal, regulatory and public policy matters. He also previously served as in-house counsel at the Investment Company Institute, where he focused on legislative and regulatory matters affecting mutual funds, investment management, and public policy governing retirement savings and investments.
In a volunteer capacity, Kim is a co-founder and board member of a nonprofit organization that combats human trafficking and promotes economic development in developing countries, according to an MBA press release.
Kim is replacing Gail Cardwell, who is leaving the MBA at the end of February. Kim's appointment as will be effective March 1.