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Alessandro (Sandro) DiNello has served as president, CEO, and a director of Flagstar Bank and Flagstar Bancorp since mid-2013. Prior to his current position, he was president and chief administrative officer of Flagstar Bank, and for a number of years, executive vice president of Retail Banking.
He began his banking career as a bank examiner and later joined Security Savings Bank in Jackson, Mich., where he ultimately served as president. In 1994, Security Savings was acquired by First Security Savings Bank, which later became Flagstar Bank. He continued with the combined organization as an executive officer responsible for growing the bank’s funding sources.
During his career at Flagstar, he has served as head of branch banking, retail product strategy, Marketing, Communications, Internet banking, and branch expansion. He also led the bank’s government affairs and community relations initiatives. As CEO, he has played a critical role in strengthening the bank's risk management, compliance, and quality control.
His community and professional affiliations include membership on the board of directors of the Business Leaders of Michigan, the American Bankers Council of the American Bankers Association, the Detroit Regional Chamber Economic Development CEO Advisory Board, and the Federal National Mortgage Association (Fannie Mae) Single Family Advisory Board.