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Andrew W. (Drew) Ottaway joined Flagstar in December 2015 as executive vice president and managing director of lending. In this capacity, he is responsible for all non-mortgage lending, including commercial real estate, large corporate, middle market, and warehouse lending. Additional areas of responsibility include consumer finance, equipment finance, homebuilder finance, government banking, treasury management, and strategic alliances. In January 2017, he was named president of the Michigan market, with responsibility for the bank’s retail platform and 99 branches.
Ottaway brings over 25 years of banking experience in Southeast Michigan, primarily in commercial lending and credit administration. He held several leadership roles at Comerica Bank, where prior to joining Flagstar, he served as senior vice president and chief credit officer for Wealth Management and the Retail Bank. He began his career at the National Bank of Detroit, now JP Morgan Chase.
Currently, he is a member of the Michigan Bankers Association, serving on the Commercial Lending and Grassroots Advocacy committees. He also is a member of the Detroit Regional Chamber of Commerce and its Economic Development Leadership Council.
His past involvement includes serving as a board member and volunteer with organizations such as Boys Hope Girls Hope, Paint the Town, and Junior Achievement of Southeastern Michigan. Professional affiliations have included the Risk Management Association, Turnaround Management Association, and the ESOP Association.