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Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Division of Financial Stability

Board of Governors of the Federal Reserve System

February 22, 2026

Director, Andreas W. Lehnert

Senior Associate Director, Marta Chaffee

Deputy Associate Director, Alfonso Ventoso

External Engagement

Policy Planning and Coordination

Senior Adviser, Rochelle Edge

Senior Associate Director, Skander Van den Heuvel

Senior Adviser, Molly Mahar¹

Associate Director, Vacant

Assistant Director, Jose Berrospide

Financial Institution Risk Evaluation

Deputy Associate Director, Ceyhun “Bora” Durdu

Financial and Macroeconomic, Stability Studies

Senior Associate Director, William Bassett

Assistant Director, Fang Cai

Financial Stability Assessment

Deputy Associate Director, Seung Lee

Cyber/Artificial Intelligence

Deputy Associate Director, David Arseneau

Financial Stability Policy

Adviser, Andrew Cohen

Senior Adviser, Adele Morris

1. This position is temporary and does not count against the division position and officer count. Return to text.

Official Format

Last Update: April 10, 2026