T. Rowe Price has announced Ramon Richards as its new chief technology officer. Ramon joined the firm on September 5, 2023, and as CTO, he leads technology business solutions, technology services, and enterprise architecture functions.
Richards most recently served as chief information officer at Fannie Mae, where he led digital transformation and was responsible for software engineering, cybersecurity, enterprise data, infrastructure, technology shared services, architecture, and production support. Prior to his role as CIO, he held several leadership positions with Fannie Mae, including senior vice president of integrated technology solutions and senior vice president of securitization and credit technology.
Richards earned his M.B.A. from the Wharton School of the University of Pennsylvania, a B.S. in electrical engineering-telecommunications from the Georgia Institute of Technology, and a B.S. in mathematics from Morehouse College. He also completed an Executive Development Program at Harvard Business School.
“Ramon Richards is a seasoned technology executive who is recognized for transformation, modernization, and leading a complex technology organization. He is the ideal leader to guide our technology teams and strategy to enhance our ability to deliver reliable, user-friendly solutions that drive business results,” said Kimberly Johnson, chief operating officer at T. Rowe Price.