Board of Directors

The number of directors constituting the initial Board of Directors was sixteen (16). The Board must consist of no fewer than eleven (11) people. Each director is appointed to serve a three-year term and may serve for a maximum of three terms or nine (9) consecutive years. After a one-year hiatus, former directors may be nominated to serve a new term.

The officers are President, Vice President, Secretary and Treasurer. Each of whom is biennially (once every two years) elected by the current Board of Directors. The positions of Secretary and Treasurer may be held by the same person. The Executive Committee is comprised of the officers and up to four other members of the Board of Directors named by the President.

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Bruce Hentschel

President
[Retired] Vice President, Strategy and Innovation Principal Financial Group

Prior to retirement, Hentschel was responsible for leading strategy and innovation functions for Principal Financial Group and its businesses worldwide.  This included leading the corporate planning process working directly with the board of directors, executive management team and business leaders to advance the corporate vision, develop and execute plans that drive growth, and evolve their strategy across the enterprise. This included sourcing potential engagements with emerging companies and entrepreneurs around the globe for innovative solutions to help execute the strategy, differentiate in the market, and serve customers.

With a career that spans more than 40 years, Hentschel has served on numerous committees, councils and boards, has received numerous recognition and awards, and has been a recognized resource for speaking engagements, thought leadership, and publications within the insurance and financial services industry.

An art collector, he previously owned his own fine art gallery and, in retirement, continues to provide governance and oversight of Principal Financial Group’s world-class corporate art collection.

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Jeff Fleming

Vice President
Director, Des Moines Art Center

Director of the Des Moines Art Center, Jeff Fleming also has served as its acting director, deputy director, senior curator, and curator. He was chief curator of exhibitions at the Southeastern Center for Contemporary Art in Winston-Salem, North Carolina. Fleming studied at East Carolina University in Greenville, North Carolina and holds a master of fine arts degree from Pratt Institute in Brooklyn, New York.

His exhibition projects have focused on presenting the first one-person museum shows for younger, international artists. These artists include the American artists Tom Sachs, John Currin, Ellen Gallagher, Maya Lin, and Tom Friedman, as well as the British artist Cecily Brown, the German artists Christian Jankowski and Anselm Reyle, and the Chinese artist Yan Pei Ming. Group exhibition projects have included Magic Markers: Objects of Transformation; Aisle 5; and My Reality: Contemporary Art and the Culture of Japanese Animation. In 2011, Art and Living magazine named him one of eleven innovative directors of American museums.

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Ardis E. Kelley

Secretary and Treasurer
Chief Strategy Officer (CSO), Federal Home Loan Bank of Des Moines

Ardis E. Kelley has been a Chief Strategy Officer of Federal Home Loan Bank of Des Moines since 2018 and served as  Senior Vice President and Chief Accounting Officer from June 2012 to 2018. She joined the Bank  in June 2012. Kelley provides expertise in developing, implementing and monitoring the Bank’s strategic plan and designs, implements and delivers training programs that drive business results for the Bank.

Prior to joining Federal Home Loan Bank, Kelley worked as Assistant Vice President of accounting and reporting at CNA Insurance in Chicago, Illinois. Her previous experience includes Senior Manager of transaction support and accounting policy at Accenture in Chicago, Illinois as well as accounting and audit positions in Cedar Rapids, Iowa, New York City, New York and Los Angeles, California.

She received her Undergraduate Degree in Psychology and Linguistics from the University of California, Los Angeles and MACC degree from the University of Southern California.