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Press Release

Federal Reserve Press Release

Release Date: May 4, 2007

For immediate release

The Federal Reserve Board on Friday announced the appointment of Elizabeth A. Coleman as Inspector General for the Board, effective May 6.

In her new role, Coleman will lead a staff responsible for promoting economy, efficiency, and effectiveness within Board programs and operations. The Office of Inspector General (OIG) is also responsible for preventing and detecting waste, fraud, and abuse at the Board, among other duties. The OIG achieves its legislative mandate through audits, evaluations, investigations, legislative reviews, and by keeping the Chairman of the Board and Congress fully informed.

Coleman joined the Board's OIG staff in 1989 as a senior auditor. She was promoted to program manager in 1999 and to senior program manager in 2001. She was appointed to the official staff in 2004 as the Assistant Inspector General for Communications and Quality Assurance. Before joining the Board, Coleman worked at the Government Accountability Office.

Coleman succeeds Barry Snyder, who will retire today after nearly nineteen years of service at the Board, including nine years as Inspector General. Coleman has a BBA from James Madison University and is a graduate of the Stonier Graduate School of Banking, Georgetown University. She is a Certified Information Systems Auditor.

 
Last update: May 4, 2007