President Trump has designated Glen R. Smith as chairman and CEO of the Farm Credit Administration.

The designation was made effective last week. Farm Credit has examination and regulatory authority over the Farm Credit System, with oversight by Congress.

Collectively, the institutions of the Farm Credit System is the nation’s largest single provider of agricultural credit, with offices in all 50 states and assets over $350 billion.

Smith has served as a member of the FCA board, as well as a member of the board of directors of the Farm Credit System Insurance Corporation, since December 2017.

As chairman, he succeeds Dallas Tonsager, who died in office in May.

Hall continues to serve as a member of the FCA board and as chairman of the board of directors of the Farm Credit System Insurance Corporation.

Smith is a native of Atlantic, Iowa, where he was raised on a diversified crop and livestock farm.

He graduated from Iowa State University in 1979 with a Bachelor of Science in agricultural business.