Fannie Mae (FNMA) is appointing current executive David Benson as its chief financial officer, replacing Susan McFarland, who announced plans to leave the company earlier this month.<br /><br />Mr. Benson, 53, is currently executive vice president of capital markets, securitization and corporate strategy for the government-controlled mortgage-finance firm, Fannie Mae said in a filing with the Securities and Exchange Commission on Wednesday.<br /><br />He will relinquish that position once he assumes the CFO role, the company said. His appointment is effective the day after Fannie Mae files its annual financial report for 2012.<br /><br />Mr. Benson, who joined the company in 2002, succeeds Ms. McFarland, who Fannie Mae said earlier this month is resigning. She will step down the same day Mr. Benson assumes the role, though she will remain employed with the company as a senior adviser during a transition period that is to end no later than June 30.<br /><br />Ms. McFarland joined Fannie Mae in July 2011 as CFO after holding finance positions at Capital One Financial Corp. (COF).