Mr. James Kelly has been a Director since August 2, 2022. He has over 25 years of experience in the financial markets. He currently serves as Managing Director of fixed-income trading at PNC Capital Markets in New York City, where has been since January 2021. Prior to his arrival at PNC, Mr. Kelly was a Senior Vice President and traded U.S. Government and Agency bonds at JVB Financial, also in New York from 2016 to 2020. Mr. Kelly’s experience includes managing fixed-income trading, underwriting new issues in the primary markets, sales coverage, and risk management. Additionally, he has provided interest rates derivatives and fixed-income sale coverage to large financial institutions while working at J.P. Morgan’s corporate and investment bank from 2004 to 2014. He has advised clients on accessing the debt capital markets and conducted meetings and roadshows for U.S. government-sponsored enterprises with global investors. Prior to working at J.P. Morgan, he was manager of the Capital Markets division of the Federal Home Loan Bank System in Washington, DC, the largest issuer of debt securities after the U.S. Treasury, from 1999 to 2004. In addition to overseeing day-to-day debt market operations on behalf of the Federal Home Loan Bank System, he was project manager for the development of an online issuance platform that transformed the way debt securities are issued. Mr. Kelly was also responsible for maintaining relations with the Federal Home Loan Bank System’s large network of global investment banks. James has also provided advice and consultation as a subject matter expert for the capital markets, derivatives, and financial regulations.