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    Ramon Richards '99 joins T.Rowe Price as the company’s new chief technology officer

    December 5, 2023

    Ramon Richards '99 has joined T.Rowe Price as the company’s new chief technology officer. In that role, he leads technology business solutions, technology services and enterprise architecture functions. T. Rowe Price is a large global asset management company known for investment excellence, retirement leadership and independent proprietary research with $1.40 trillion in assets under management.960x0.jpg

    Richards joins the company after a 24 year tenure at Fannie Mae, spending his last two years there as a the company’s executive vice president and chief information officer. As CIO of Fannie Mae, 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.

    "Ramon Richards is a seasoned technology executive who is recognized for transformation, modernization, and leading a complex technology organization,” said Kimberly Johnson, chief operating officer at T. Rowe Price, who, like Richards, worked at Fannie Mae prior to joining T. Rowe Price. “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.”

    “I am excited to join T. Rowe Price to lead the technology organization,” said Richards. “We will focus on technology innovation, delivering digital solutions and capabilities that will enable our business."


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