Federal Reserve System Organization

Congress designed the Federal Reserve System to give it a broad perspective on the economy and on economic activity in all parts of the nation. As such, the System is composed of a central, governmental agency—the Board of Governors—in Washington, D.C., and 12 regional Federal Reserve Banks. This section lists key officials across the System, including the Board of Governors, its officers, Federal Open Market Committee members, several System councils, and Federal Reserve Bank and Branch directors and officers for 2024.

Board of Governors

Members

The Board of Governors of the Federal Reserve System is composed of seven members, who are nominated by the President and confirmed by the Senate. The Chair and the Vice Chair of the Board are named by the President from among the members and are confirmed by the Senate. This section lists Board members who served in 2024. For a full list of Board members from 1914 through the present, see www.federalreserve.gov/aboutthefed/bios/board/boardmembership.htm.

Jerome H. Powell
Chair

Philip N. Jefferson
Vice Chair

Michael S. Barr
Vice Chair for Supervision

Michelle W. Bowman

Lisa D. Cook

Adriana D. Kugler

Christopher J. Waller

Divisions and Officers

Fifteen divisions support and carry out the mission of the Board of Governors, which is based in Washington, D.C.

Division of Board Members

Michelle A. Smith
Assistant to the Board
and Director

Jennifer C. Gallagher
Assistant to the Board

Terrence E. Fischer
Special Assistant to the Board
for Public Information

Eric J. Kollig
Special Assistant to the Board
(as of April 7, 2024)

Kirk O. Schwarzbach
Special Assistant to the Board
(as of April 7, 2024)

Jon Faust
Senior Special Adviser
to the Chair (through February 29, 2024)

Legal Division

Mark E. Van Der Weide
General Counsel

Jean C. Anderson
Deputy General Counsel

Richard M. Ashton
Deputy General Counsel

Charles C. Gray
Deputy General Counsel (through August 9, 2024)

Reena Sahni
Deputy General Counsel

Alvin D. Williams
Senior Associate
General Counsel

Alicia S. Foster
Associate General Counsel

Sean D. Croston
Deputy Associate General Counsel

Jason A. Gonzalez
Deputy Associate
General Counsel

Asad L. Kudiya
Deputy Associate
General Counsel

Jay R. Schwartz
Deputy Associate
General Counsel

Dafina V. Stewart
Deputy Associate
General Counsel

Evan H. Winerman
Deputy Associate
General Counsel

Joshua P. Chadwick
Assistant General Counsel (as of November 3, 2024)

Lucy O. Chang
Assistant General Counsel

Michelle A. Kapoor
Assistant General Counsel (as of November 3, 2024)

Office of the Secretary

Ann Misback
Secretary of the Board

Yao-Chin Chao
Deputy Associate Secretary

Michele T. Fennell
Associate Secretary

Erin M. Cayce
Assistant Secretary

Benjamin W. McDonough
Deputy Secretary and Ombuds (as of April 8, 2024)

Division of International Finance

Beth Anne Wilson
Director

Shaghil Ahmed
Deputy Director

Stephanie E. Curcuru
Deputy Director

Brian M. Doyle
Deputy Director

James A. Dahl
Senior Associate Director

Etienne Gagnon
Senior Associate Director

Luca Guerrieri
Senior Associate Director

Matteo Iacoviello
Senior Associate Director

Daniel Beltran
Deputy Associate Director

Jennifer S. Crystal
Deputy Associate Director
(as of June 24, 2024)

Andrea De Michelis
Deputy Associate Director

Jasper J. Hoek
Deputy Associate Director

Viktors Stebunovs
Deputy Associate Director

Emre Yoldas
Deputy Associate Director

Martin R. Bodenstein
Assistant Director

Deepa Datta
Assistant Director

Andrea Pastore
Assistant Director

Brett D. Berger
Senior Adviser

Carol C. Bertaut
Senior Adviser

Ricardo Correa
Senior Adviser

Paul R. Wood
Senior Adviser

Dario Caldara
Adviser

Division of Financial Stability

Andreas W. Lehnert
Director

Michael T. Kiley
Deputy Director

William F. Bassett
Senior Associate Director

Elizabeth C. Klee
Senior Associate Director

Namirembe E. Mukasa
Associate Director and
Chief of Staff

Skander J. Van den Heuvel
Associate Director

David Arseneau
Deputy Associate Director

Ceyhun Durdu
Deputy Associate Director

Seung Jung Lee
Deputy Associate Director

Jose Berrospide
Assistant Director

Fang Cai
Assistant Director

Jacque J. Hightower
Assistant Director (as of June 3, 2024)

Alfonso Ventoso
Assistant Director

Adele Cecile Morris
Senior Adviser

Todd Vermilyea
Senior Adviser

Andrew M. Cohen
Adviser

Division of Monetary Affairs

Trevor A. Reeve
Director

James A. Clouse
Deputy Director

Nelly Ramdass
Deputy Director

Joshua Gallin
Secretary of the FOMC

David H. Bowman
Senior Associate Director

Margaret G. DeBoer
Senior Associate Director

J. David Lopez-Salido
Senior Associate Director

Matthew M. Luecke
Senior Associate Director

Katherine Sickbert
Senior Associate Director

Min Wei
Senior Associate Director

Eric C. Engstrom
Associate Director

Christopher J. Gust
Associate Director

Brian Bonis
Deputy Associate Director

Karen L. Brooks
Deputy Associate Director

Giovanni Favara
Deputy Associate Director

Dan Li
Deputy Associate Director

Laura Lipscomb
Deputy Associate Director

Elizabeth L. Marx
Deputy Associate Director

Andrew C. Meldrum
Deputy Associate Director

Zeynep Senyuz
Deputy Associate Director

Rebecca E. Zarutskie
Deputy Associate Director (through August 23, 2024)

Benjamin Johannsen
Assistant Director

Keith Kudrycki
Assistant Director

Rochelle M. Edge
Senior Adviser

Jane E. Ihrig
Senior Adviser

Don H. Kim
Senior Adviser

Edward M. Nelson
Senior Adviser

Robert J. Tetlow
Senior Adviser

Annette Vissing-Jorgensen
Senior Adviser

Mark A. Carlson
Adviser

Kurt F. Lewis
Adviser (as of August 11, 2024)

Division of Research and Statistics

Stacey Tevlin
Director

Jeffrey C. Campione
Deputy Director

Daniel M. Covitz
Deputy Director

William L. Wascher III
Deputy Director

Stephanie Aaronson
Senior Associate Director

Nicole E. Bennett
Senior Associate Director

Eric M. Engen
Senior Associate Director

Diana Hancock
Senior Associate Director

Elizabeth K. Kiser
Senior Associate Director

David E. Lebow
Senior Associate Director

Michael G. Palumbo
Senior Associate Director

John J. Stevens
Senior Associate Director

Burcu Duygan-Bump
Associate Director

J. Andrew Figura
Associate Director

Glenn R. Follette
Associate Director

Norman J. Morin
Associate Director

Timothy A. Mullen
Associate Director

Shane M. Sherlund
Associate Director

Shawn M. Buckner
Deputy Associate Director

Erik A. Heitfield
Deputy Associate Director

Byron F. Lutz
Deputy Associate Director

Patrick E. McCabe
Deputy Associate Director

Raven S. Molloy
Deputy Associate Director

Paul A. Lengermann
Deputy Associate Director

Karen M. Pence
Deputy Associate Director

Paul A. Smith
Deputy Associate Director

Gustavo Suarez
Deputy Associate Director

Binoy K. Agarwal
Assistant Director and Chief

Giovanni G. Amisano
Assistant Director

Celso Brunetti
Assistant Director

Marco Cagetti
Assistant Director

Deborah M. Flores
Assistant Director

Jacob Gramlich
Assistant Director

Karen Krugman
Assistant Director

Christopher J. Kurz
Assistant Director

Geng Li
Assistant Director

Kevin B. Moore
Assistant Director

Matthias Paustian
Assistant Director

Ekaterina Peneva
Assistant Director and Chief

Charles Fleischman
Senior Adviser

S. Wayne Passmore
Senior Adviser (through September 30, 2024)

Jeremy Rudd
Senior Adviser

Steven A. Sharpe
Senior Adviser (through July 31, 2024)

Clara Vega
Senior Adviser

Wendy E. Dunn
Adviser

Division of Supervision and Regulation

Michael S. Gibson
Director

Jennifer J. Burns
Deputy Director

Kate M. Fulton
Deputy Director

Arthur W. Lindo
Deputy Director

Mary L. Aiken
Senior Associate Director

Marta Chaffee
Senior Associate Director

Molly E. Mahar
Senior Associate Director

Nathan Ragan
Senior Associate Director

Lisa H. Ryu
Senior Associate Director

Kevin M. Bertsch
Associate Director (through February 29, 2024)

Christopher Finger
Associate Director

Jeffery W. Gunther
Associate Director

Anna L. Hewko
Associate Director

Kavita Jain
Associate Director

Richard A. Naylor II
Associate Director

Robert F. Sarama
Associate Director

Uzma Wahhab
Associate Director

John Beebe
Deputy Associate Director

Dana L. Burnett
Deputy Associate Director

Anthony B. Cain
Deputy Associate Director

Karen A. Caplan
Deputy Associate Director

Juan C. Climent
Deputy Associate Director

James Diggs
Deputy Associate Director

Christine E. Graham
Deputy Associate Director

Eric L. Kennedy
Deputy Associate Director

Ryan P. Lordos
Deputy Associate Director

Lara K. Lylozian
Deputy Associate Director/
Chief Accountant

David K. Lynch
Deputy Associate Director

T. Kirk Odegard
Deputy Associate Director

Brent Richards
Deputy Associate Director

Vaishali D. Sack
Deputy Associate Director

Margaret A. Sherry
Deputy Associate Director
(as of February 12, 2024)

Steven M. Spurry
Deputy Associate Director

Catherine A. Tilford
Deputy Associate Director

Donna J. Webb
Deputy Associate Director (through March 31, 2024)

Suzanne L. Williams
Deputy Associate Director

Kathryn L. Ballintine
Assistant Director

Joseph B. Cox
Assistant Director

Stephen Curren
Assistant Director

Kwayne Jennings
Assistant Director

Elizabeth K. MacDonald
Assistant Director

Doriana Ruffino
Assistant Director

April C. Snyder
Assistant Director

Norah M. Barger
Senior Adviser

Fang Du
Adviser

William F. Treacy
Adviser

Division of Consumer and Community Affairs

Eric S. Belsky
Director

V. Nicole Bynum
Deputy Director

David L. Newville
Senior Associate Director

Benjamin K. Olson
Senior Associate Director

David E. Buchholz
Associate Director

Angelyque Campbell
Associate Director

Joseph A. Firschein
Associate Director

Phyllis L. Harwell
Associate Director

Drew D. Kohan
Associate Director

Marisa A. Reid
Associate Director

Caterina Petrucco-Littleton
Deputy Associate Director

Amy B. Henderson
Assistant Director

Susan Torzilli
Assistant Director (as of May 5, 2024)

Division of Reserve Bank Operations and Payment Systems

Matthew J. Eichner
Director

Susan V. Foley
Deputy Director

Jennifer K. Liu
Deputy Director

Gregory L. Evans
Senior Associate Director (through August 31, 2024)

Brian A. Lawler
Senior Associate Director

Jennifer A. Lucier
Senior Associate Director

David C. Mills
Senior Associate Director

Jeffrey D. Walker
Senior Associate Director

Mark D. Manuszak
Associate Director

Casey H. Clark
Associate Director

Jason A. Hinkle
Associate Director

Rebecca L. Royer
Associate Director (through April 30, 2024)

Stuart E. Sperry
Associate Director

Mouneer I. Ahmad
Deputy Associate Director (as of December 2, 2024)

Sonja R. Danburg
Deputy Associate Director

Michael V. Derry
Deputy Associate Director (as of January 2, 2024)

Brian R. Gattoni
Deputy Associate Director

Laura Howard Mayer
Deputy Associate Director

Caio P. Peixoto
Deputy Associate Director

Ian C. Spear
Deputy Associate Director

Shannon Hulsandra
Assistant Director/Manager

Travis D. Nesmith
Assistant Director and Chief

Edward L. Anderson
Assistant Director

Alyssa Arute
Assistant Director (as of July 14, 2024)

Emily A. Caron
Assistant Director

Doreen S. Chappell
Assistant Director

Sonia Irvine
Assistant Director/Manager (as of July 14, 2024)

James D. Noonan
Assistant Director

Krzysztof Wozniak
Assistant Director and Chief (as of July 14, 2024)

Kimberly A. Zaikov
Assistant Director (as of November 3, 2024)

Frederick L. Zevin
Assistant Director/Manager (as of July 14, 2024)

Office of the Chief Operating Officer

Patrick J. McClanahan
Chief Operating Officer

Katherine Tom
Chief Data Officer

Sheila Clark
EEO Programs and OMWI Director

Phillip C. Daher
Associate Director

Andrew Leonard
Associate Director

Pamela C. Harris
Deputy Associate Director

Division of Financial Management

Ricardo Aguilera
Director and Chief
Financial Officer (through July 31, 2024)

Stephen J. Bernard
Deputy Director

Monica Y. Manning
Associate Director

Thomas Murphy
Associate Director

Jeffrey R. Peirce
Associate Director

Karen L. Vassallo
Associate Director (through May 31, 2024)

Kimberly Briggs
Deputy Associate Director

Division of Management

Winona Varnon
Director

Kendra Gastright
Deputy Director

Tameika L. Pope
Deputy Director
and Chief Human Capital Officer

Tara Tinsley-Pelitere
Deputy Director and Chief Technology Officer

Ann Buckingham
Senior Associate Director

Reginald V. Roach
Associate Director

Donna J. Butler
Associate Director and Chief of Staff

Donald C. Hayes
Associate Director and Chief, LEU (as of February 12, 2024)

Timothy E. Markey
Associate Director

Stephen E. Pearson
Associate Director

Catherine Jack
Deputy Associate Director

Tim Ly
Deputy Associate Director

Lewis Andrews
Assistant Director

Stewart A. Carroll
Assistant Director

Melissa M. Catterall
Assistant Director (as of December 15, 2024)

Alfonso M. Dyson
Assistant Director and
Assistant Chief, LEU

Leah Middleton
Assistant Director

Division of Information Technology

Jeffrey M. Riedel
Director

Stephen Olden
Deputy Director

Kofi A. Sapong
Deputy Director (through February 29, 2024)

Deborah Prespare
Senior Associate Director

Sheryl Lynn Warren
Senior Associate Director

Rajasekhar R. Yelisetty
Senior Associate Director

Charles B. Young
Senior Associate Director

Jonathan F. Shrier
Associate Director

Virginia M. Wall
Associate Director

Edgar Wang
Associate Director

Muazzam Ali
Deputy Associate Director
(as of November 18, 2024)

William K. Dennison
Deputy Associate Director

Tannaz Haddadi
Deputy Associate Director

Amy Kelley
Deputy Associate Director

Brian Lester
Deputy Associate Director

Scott Meyerle
Deputy Associate Director

Can Xuan Nguyen
Deputy Associate Director

Nischala N. Nimmakayala
Deputy Associate Director

Langston Shaw
Deputy Associate Director

Fred Vu
Deputy Associate Director

Arsema K. Dejene
Assistant Director
(as of February 11, 2024)

Michelle L. Bagg
Assistant Director

Herman Ip
Assistant Director

Office of Inspector General

Mark Bialek
Inspector General

Fred Gibson
Deputy Inspector General

Cynthia Gray
Deputy Associate Inspector General

Stephen Carroll
Associate Inspector General

Michael VanHuysen
Associate Inspector General

Jason A. Derr
Assistant Inspector General

Khalid A. Hassan
Assistant Inspector General

Jina Hwang
Assistant Inspector General

Jacqueline M. Becker
Senior Adviser

Federal Open Market Committee

The Federal Open Market Committee is made up of the seven members of the Board of Governors; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Federal Reserve Bank presidents, who serve one-year terms on a rotating basis. During 2024, the Federal Open Market Committee held eight regularly scheduled meetings (see Appendix B, "Minutes of Federal Open Market Committee Meetings").

Members

Jerome H. Powell
Chair, Board of Governors

John C. Williams
Vice Chair, President,
Federal Reserve Bank of New York

Thomas I. Barkin
President, Federal Reserve Bank of Richmond

Michael S. Barr
Member, Board of Governors

Raphael W. Bostic
President, Federal Reserve Bank of Atlanta

Michelle W. Bowman
Member, Board of Governors

Lisa D. Cook
Member, Board of Governors

Beth M. Hammack
Member, Federal Reserve Bank of Cleveland (as of August 21, 2024)

Mary C. Daly
President, Federal Reserve Bank of San Francisco

Philip N. Jefferson
Member, Board of Governors

Adriana D. Kugler
Member, Board of Governors

Loretta J. Mester
Member, Federal Reserve Bank of Cleveland (through June 30, 2024)

Christopher J. Waller
Member, Board of Governors

Alternate Members

Susan M. Collins
President, Federal Reserve Bank of Boston

Austan D. Goolsbee
President, Federal Reserve Bank of Chicago

Alberto G. Musalem
President, Federal Reserve Bank of St. Louis

Jeffrey R. Schmid
President, Federal Reserve Bank of Kansas City

Sushmita Shukla
First Vice President, Federal Reserve Bank of New York

Officers

Joshua Gallin
Secretary

Matthew M. Luecke
Deputy Secretary

Brian J. Bonis
Assistant Secretary

Michelle A. Smith
Assistant Secretary

Mark E. Van Der Weide
General Counsel

Richard Ostrander
Deputy General Counsel

Charles C. Gray
Assistant General Counsel (through August 9, 2024)

Trevor A. Reeve
Economist

Stacey Tevlin
Economist

Beth Anne Wilson
Economist

Shaghil Ahmed
Associate Economist

Kartik B. Athreya
Associate Economist

James A. Clouse
Associate Economist

Brian M. Doyle
Associate Economist

Edward S. Knotek II
Associate Economist

David E. Lebow
Associate Economist

Sylvain Leduc
Associate Economist

Paula Tkac
Associate Economist

William L. Wascher
Associate Economist

Alexander L. Wolman
Associate Economist

Roberto Perli
Manager, System Open Market Account

Julie Ann Remache
Deputy Manager, System Open Market Account

Board of Governors Advisory Councils

The Federal Reserve Board uses advisory committees in carrying out its varied responsibilities. To learn more, visit https://www.federalreserve.gov/aboutthefed/advisorydefault.htm.

Federal Advisory Council

The Federal Advisory Council—a statutory body established under the Federal Reserve Act—consults with and advises the Board of Governors on all matters within the Board's jurisdiction. It is composed of one representative from each Federal Reserve District, chosen by the Reserve Bank in that District. The president and vice president of the council are selected from amongst council members. The Federal Reserve Act requires the council to meet in Washington, D.C., at least four times a year. In 2024, the council met on February 7–8, May 22–23, September 4–5, and December 4–5. The council met with the Board on February 8, May 23, September 5, and December 5, 2024.

Members
District 1

Robert F. Rivers
Chairman and Chief Executive Officer, Eastern Bank, Boston, MA

District 2

Marianne Lake
CEO of Consumer & Community Banking, JPMorgan Chase & Co.,
New York, NY

District 3

Jeffrey M. Schweitzer
President and Chief Executive Officer,
Univest Bank and Trust Co.,
Souderton, PA

District 4

William S. Demchak
Chairman, President, and Chief Executive Officer, PNC Financial Services Group, Pittsburgh, PA

District 5

William H. Rogers Jr.
Chairman and Chief Executive Officer, Truist Financial Corp., Charlotte, NC

District 6

John M. Turner Jr.
President and Chief Executive Officer, Regions Financial Corp., Birmingham, AL

District 7

Darrel Hackett
President and Chief Executive Officer, BMO Financial Group, BMO Bank, N.A., Chicago, IL

District 8

Jeffrey Ludwig
President and Chief Executive Officer, Midland States Bancorp., Inc., Effingham, IL

District 9

Andrew Cecere
Chairman, President, and Chief Executive Officer, U.S. Bancorp, Minneapolis, MN

District 10

Jill Castilla
President and Chief Executive Officer, Citizens Bank of Edmond, Edmond, OK

District 11

David Zalman
Senior Chairman and Chief Executive Officer, Prosperity Bancshares/Prosperity Bank, El Campo, TX

District 12

Robert Harrison
Chairman, President and Chief Executive Officer, First Hawaiian, Inc.,
Honolulu, HI

Officers

Andrew Cecere
President

Jill Castilla
Vice President

Herb Taylor
Secretary

Luba Romanyuk
Deputy Secretary

Community Depository Institutions Advisory Council

The Community Depository Institutions Advisory Council advises the Board of Governors on the economy, lending conditions, and other issues of interest to community depository institutions. Members are selected from among representatives of banks, thrift institutions, and credit unions who are serving on local advisory councils at the 12 Federal Reserve Banks. One member of each of the Reserve Bank councils serves on the Community Depository Institutions Advisory Council. The president and vice president are selected from amongst council members. The council usually meets with the Board twice a year in Washington, D.C. In 2024, the council met on April 11 and November 14.

Members
District 1

Anne P. Tangen
President and Chief Executive Officer, BankFive, Fall River, MA

District 2

James S. Vaccaro
Chair, President, and Chief Executive Officer, Manasquan Bank, Wall Township, NJ

District 3

Jeffrey A. Stopko
President and Chief Executive Officer, AmeriServ Financial Inc., Johnstown, PA

District 4

Chuck Sulerzyski
Adviser, Peoples Bank, Marietta, OH

District 5

Daniel P. Berry
President and Chief Executive Officer, Duke University Federal Credit Union, Durham, NC

District 6

Tyler K. Clinch
Chief Executive Officer and President, First Community Bank of East Tennessee, Kingsport, TN

District 7

Ronald Justice
President and Chief Executive Officer, The State Bank, Fenton, MI

District 8

Luanne Cundiff
President and Chief Executive Officer, First State Bank of St. Charles, St. Charles, MO

District 9

Dylan S. Clarkson
President and Chief Executive Officer, Pioneer Bank & Trust, Spearfish, SD

District 10

Kim DeVore
President and Chief Executive Officer, Jonah Bank of Wyoming, Casper, WY

District 11

Byron K. Bexley
Vice Chairman, American Bank, N.A., Universal City, TX

District 12

Catherine Ngo
Board of Directors, Central Pacific Bank, Honolulu, HI

Officers

Chuck Sulerzyski
President

Kim DeVore
Vice President

Community Advisory Council

The Community Advisory Council was formed in 2015 to advise the Board of Governors on the economic circumstances and financial services needs of consumers and communities, with a particular focus on the concerns of low- and moderate-income populations. The council is composed of a diverse group of experts and representatives of consumer and community development organizations and interests, including from such fields as affordable housing, community and economic development, employment and labor, financial services and technology, small business, and asset and wealth building. One member of the council serves as its chair. The council first met with the Board in November 2015, and meets with the Board twice each year. In 2024, the council met with the Board on May 30 and October 10.

Members

Ivye Allen
President (retired), Foundation for the
Mid South, Jackson, MS

Carlos J. Contreras III
President and CEO, Goodwill
Industries of San Antonio,
San Antonio, TX

Roberto Gallardo
Vice President for Engagement & Associate Professor, Agricultural Economics, Purdue University, West Lafayette, IN

Fearn Gupton
Rural Development Manager, South Carolina Department of Commerce,
Columbia, SC

Melanie Hogan
Executive Director, Linking Employment, Abilities, and Potential (LEAP), Cleveland, OH

Michelle Ka'uhane
Senior Vice President & Chief Impact Officer, Hawaii Community Foundation,
Honolulu, HI

Renata B. Kowalczyk
CEO, Wilmington Alliance,
Wilmington, DE

Megan Langley
Executive Director, Strengthen North Dakota, Souris, ND

Chan U. Lee
President and CEO, Devine & Gong, Inc., Oakland, CA

Christie McCravy
Executive Director, Louisville Metro Affordable Housing Trust Fund, Louisville, KY

Ceyl Prinster
President and CEO, Colorado Enterprise Fund, Denver, CO

Jose Quinonez
CEO, Mission Asset Fund, San Francisco, CA

Eric Robertson
Executive Director, The Formanek Foundation, Memphis, TN

Bruce Schultz
Vice President, Community Development Banking Strategy, Gateway First Bank, Tulsa, OK

Justin Slattery
Executive Director, Belknap Economic Development Council, Laconia, NH

Officers

Christie McCravy
Chair

Carlos Contreras
Vice Chair

Model Validation Council

The Model Validation Council was established in 2012 by the Board of Governors to provide expert and independent advice on its process to rigorously assess the models used in stress tests of banking institutions. The Dodd-Frank Wall Street Reform and Consumer Protection Act required the Federal Reserve to conduct annual stress tests of large bank holding companies and systemically important, nonbank financial institutions supervised by the Board. The Model Validation Council provides input on the Board's efforts to assess the effectiveness of the models used in the stress tests. The council is intended to improve the quality of the Federal Reserve's model assessment program and to strengthen the confidence in the integrity and independence of the program.

Members

George G. Pennacchi
Professor, University of Illinois

Juliane Begenau
Associate Professor, Stanford University

Gonzalo Maturana
Associate Professor, Emory University

Vivian W. Fang
Professor, Indiana University

Arpit Gupta
Associate Professor, New York University

Haresh Sapra
Professor, University of Chicago

Insurance Policy Advisory Committee

The Insurance Policy Advisory Committee (IPAC) was established at the Board of Governors in 2018 by section 211(b) of the Economic Growth, Regulatory Relief, and Consumer Protection Act. The IPAC provides information, advice, and recommendations to the Board of Governors of the Federal Reserve on international insurance capital standards and other insurance issues. In 2024, the IPAC provided extensive advice to the Board on the negotiations related to the International Association of Insurance Supervisors' (IAIS's) insurance capital standard (ICS) leading up to its adoption. This advice included a report on scalars, an integral component of the U.S.-developed aggregation method, and perspectives on potential outcomes of the negotiations. The IPAC also advised the Board on issues related to the affordability and availability of property insurance, including by researching different aspects of the insurance markets in five key states.

Members

Ralph Blanchard
Member, American Academy of Actuaries, Casualty Actuarial Society, and International Actuarial Association

Elizabeth Brill
Senior Vice President & CFO Foundational Business, New York Life Insurance Company

Nick Gerhart
Executive Vice President and Chief Innovation Officer, Homesteaders Life Company

John Golden
Global Head of Insurance Regulation, Apollo Global Management

Martin Hansen
Senior Managing Director, Policy, Planning, & Strategy (retired), American International Group, Inc.

Robert Hartwig
Clinical Associate Professor of Finance and Insurance & Director, Risk and Uncertainty Management Center, University of South Carolina

John Howard
Vice Chairman, TIH

Steven Jackson
Assistant Director for Research, American Academy of Actuaries

Shweta Jhanji
Senior Vice President and Treasurer, Ameriprise Financial

Peter Kochenburger
Executive Director of Insurance Law LLM, Program Deputy Director of the Insurance Law Center, NAIC Funded Consumer Liaison Representative, University of Connecticut School of Law

Julie Mix McPeak
Senior Vice President & General Counsel, Insurance, United Services Automobile Association

Alessandro Papa
Executive Vice President, Chief Risk Officer, Pacific Life

Pooja Rahman
Chief Risk Officer, Transamerica

Kristin Ricci
Partner, Oliver Wyman

Aaron Sarfatti
Head of Institutional Business and Inforce and Chief Strategy Officer, Equitable Holdings Inc.

Kenneth Selzer
Board Member, Federal Crop Insurance Corporation

Dean Stamp
Head of Capital Strategy and Initiatives, Manulife Financial

William D. Torchiana
Partner, Sullivan & Cromwell LLP

Andrew Vedder
Vice President – Enterprise Risk Management, Northwestern Mutual

Sarah Williams
Chief Risk Officer, Guardian Life Insurance Company

Federal Reserve Banks and Branches

To carry out the day-to-day operations of the Federal Reserve System, the nation has been divided into 12 Federal Reserve Districts, each with a Reserve Bank. The majority of Reserve Banks also have at least one Branch.

Reserve Bank and Branch Directors

As required by the Federal Reserve Act, each Federal Reserve Bank is supervised by a nine-member board with three different classes of three directors each: Class A directors, who are nominated and elected by the member banks in that District to represent the stockholding banks; Class B directors, who are nominated and elected by the member banks to represent the public; and Class C directors, who are appointed by the Board of Governors to represent the public. Class B and Class C directors are selected with due, but not exclusive, consideration to the interests of agriculture, commerce, industry, services, labor, and consumers. Each Federal Reserve Bank Branch also has a board with either five or seven directors. A majority of the directors on each Branch board are appointed by the Federal Reserve Bank, with the remaining directors appointed by the Board of Governors.

For more information on Reserve Bank and Branch directors, see https://www.federalreserve.gov/aboutthefed/directors/about.htm.

Reserve Bank and Branch directors are listed below. For each director, the class of directorship, the director's principal place of business, and the expiration date of the director's current term are shown. Also shown are maps that identify Federal Reserve Districts by their official number, city, and letter designation. For more information on the Federal Reserve indicator letters, see https://www.uscurrency.gov/denominations/bank-note-identifiers.

District 1–Boston

Covers the states of Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont; and all but Fairfield County in Connecticut.

For more information on this District and to learn more about the Federal Reserve Bank of Boston's operations, visit https://www.bostonfed.org. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/bostonfinstmt2024.pdf.

Class A

Sushil K. Tuli, 2024
Chairman and Chief Executive Officer, Leader Bank, N.A., Arlington, MA

Ronald P. O'Hanley, 2025
Chairman and Chief Executive Officer, State Street, Boston, MA

Jeanne A. Hulit, 2026
President and Chief Executive Officer, Maine Community Bank, Biddeford, ME

Class B

Lauren A. Smith, 2024
VP Strategic Portfolios, Robert Wood Johnson Foundation, Boston, MA

Vacancy, 2025

Kimberly Sherman Stamler, 2026
President, Related Beal, Boston, MA

Class C

Corey Thomas, 2024
Chairman and Chief Executive Officer, Rapid7, Inc., Boston, MA

Lizanne Kindler, 2025
Executive Chair and Chief Executive Officer, KnitWell Group, Hingham, MA

Roger W. Crandall, 2026
Chairman, President, and Chief Executive Officer, Massachusetts Mutual Life Insurance Company, Springfield, MA

District 2–New York

Covers the state of New York, Fairfield County in Connecticut, and 12 counties in northern New Jersey, and serves the Commonwealth of Puerto Rico and the U.S. Virgin Islands.

For more information on this District and to learn more about the Federal Reserve Bank of New York's operations, visit https://www.newyorkfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/newyorkfinstmt2024.pdf.

Class A

René F. Jones, 2024
Chairman and Chief Executive Officer, M&T Bank Corporation, Buffalo, NY

Douglas L. Kennedy, 2025
President and Chief Executive Officer, Peapack-Gladstone Bank, Bedminster, NJ

John H. Buhrmaster, 2026
President and Chief Executive Officer, 1st National Bank of Scotia and Glenville Bank Holding Company, Scotia, NY

Class B

Scott Rechler, 2024
Chairman and Chief Executive Officer, RXR, New York, NY

Adena T. Friedman, 2025
President and Chief Executive Officer, Nasdaq, New York, NY

Arvind Krishna, 2026
Chairman and Chief Executive Officer, IBM, New York, NY

Class C

Vincent Alvarez, 2024
President, New York City Central Labor Council, AFL-CIO, New York, NY

Pat Wang, 2025
President and Chief Executive Officer, Healthfirst, New York, NY

Rajiv J. Shah, 2026
President, The Rockefeller Foundation,New York, NY

District 3–Philadelphia

Covers the state of Delaware, 9 counties in southern New Jersey, and 48 counties in the eastern two-thirds of Pennsylvania.

For more information on this District and to learn more about the Federal Reserve Bank of Philadelphia's operations, visit https://www.philadelphiafed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/philadelphiafinstmt2024.pdf.

Class A

Timothy Snyder, 2024
President and Chief Executive Officer, Fleetwood Bank, Fleetwood, PA

Vacancy, 2025

Randall E. Black, 2026
President and Chief Executive Officer, Citizens Financial Services Inc. and First Citizen's Community Bank, Mansfield, PA

Class B

Julia H. Klein, 2024
Chairwoman and Chief Executive Officer, C. H. Briggs Company, Reading, PA

John Fry, 2025
President, Drexel University, Philadelphia, PA

Bret S. Perkins, 2026
Senior Vice President, External and Government Affairs, Comcast Corporation, Philadelphia, PA

Class C

Sharmain Matlock-Turner, 2024
Chief Executive Officer, Urban Affairs Coalition, Philadelphia, PA

Anthony Ibargüen, 2025
Chief Executive Officer, Quench USA, Inc., and Executive Chair, Culligan Latin America, King of Prussia, PA

William Lo, 2026
President, Crystal Steel Fabricators, Inc., Delmar, DE

District 4–Cleveland

Covers the state of Ohio, 56 counties in eastern Kentucky, 19 counties in western Pennsylvania, and 6 counties in northern West Virginia.

For more information on this District and to learn more about the Federal Reserve Bank of Cleveland's operations, visit https://www.clevelandfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/clevelandfinstmt2024.pdf.

Class A

Eddie L. Steiner, 2024
President and Chief Executive Officer, CSB Bancorp, Inc., Millersburg, OH

Helga Houston, 2025
Senior Executive Vice President and Chief Risk Officer, Huntington Bancshares Inc., Columbus, OH

James H. Nicholson, 2026
President and Chief Executive Officer, North Valley Bank, Zaneville, OH

Class B

Jacqueline Gamblin, 2024
Chief Executive Officer, JYG Innovations, Dayton, OH

Holly B. Wiedemann, 2025
Founder, AU Associates, Inc., Lexington, KY

Darrell McNair, 2026
President, MVP Plastics, Inc., Middlefield, OH

Class C

Richard J. Kramer, 2024
Former Chairman, Chief Executive Officer, and President, The Goodyear Tire & Rubber Company, Akron, OH

Heidi L. Gartland, 2025
Chief Government and Community Relations Officer, University Hospitals, Cleveland, OH

Ramona Hood, 2026
Retired President and Chief Executive Officer, FedEx Custom Critical, Uniontown, OH

Cincinnati Branch

Appointed by the Federal Reserve Bank

Archie M. Brown, 2024
President and Chief Executive Officer, First Financial Bancorp, Cincinnati, OH

Gina McFarlane-El, 2025
Chief Executive Officer, Five Rivers Health Centers, Dayton, OH

Mary Meixelsperger, 2026
Chief Financial Officer, Valvoline, Inc., Lexington, KY

Bimal Patel, 2026
President, Rolling Hills Hospitality, Cincinnati, OH

Appointed by the Board of Governors

Rachid Abdallah, 2024
Chairman and Chief Executive Officer, Jedson Engineering, Cincinnati, OH

Jill Meyer, 2025
Chief Operating and Relationships Officer and Managing Director—Cincinnati, The O.H.I.O. Fund, Cincinnati, OH

Melvin Gravely, 2026
Chief Executive Officer, TriVersity Construction, Cincinnati, OH

Pittsburgh Branch

Appointed by the Federal Reserve Bank

Nishan J. Vartanian, 2024
Chairman of the Board, MSA Safety Incorporated, Cranberry Township, PA

Sanjay Chopra, 2025
Co-Founder and Chief Executive Officer, Cognistx, Pittsburgh, PA

Earl Buford, 2026
President, CAEL, Indianapolis, IN

Christina A. Cassotis, 2026
Chief Executive Officer, Allegheny County Airport Authority, Pittsburgh, PA

Appointed by the Board of Governors

Vera Krekanova, 2024
Chief Strategy and Research Officer, Allegheny Conference on Community Development, Pittsburgh, PA

Eugene Boyer III, 2025
Brokerage Advisor, NAI Burns Scalo, Pittsburgh, PA

Kathy Wilson Humphrey, 2026
President, Carlow University, Pittsburgh, PA

District 5–Richmond

Covers the states of Maryland, Virginia, North Carolina, and South Carolina; 49 counties constituting most of West Virginia; and the District of Columbia.

For more information on this District and to learn more about the Federal Reserve Bank of Richmond's operations, visit https://www.richmondfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/richmondfinstmt2024.pdf.

Class A

James H. Sills III, 2024
President and Chief Executive Officer, Mechanics and Farmers Bank, Durham, NC

Alice P. Frazier, 2025
President and Chief Executive Officer, Bank of Charles Town, Charles Town, WV

Jennifer LaClair, 2026
Head of Global Business Solutions, Fiserv, Charlotte, NC

Class B

Barbara Humpton, 2024
President and Chief Executive Officer, Siemens Corporation USA, Washington, DC

Scott Werry, 2025
Managing Partner, Atlas, Chapel Hill, NC

Robert M. Blue, 2026
President and Chief Executive Officer, Dominion Energy, Richmond, VA

Class C

Halsey M. Cook, 2024
President and Chief Executive Officer, Milliken, Spartanburg, SC

Jodie McLean, 2025
Chief Executive Officer, EDENS, Washington, DC

Lisa M. Hamilton, 2026
President and Chief Executive Officer, The Annie E. Casey Foundation, Baltimore, MD

Baltimore Branch

Appointed by the Federal Reserve Bank

Tom Geddes, 2024
Partner and Portfolio Manager, Brown Advisory, Baltimore, MD

Anthony Jenkins, 2024
President, Coppin State University, Baltimore, MD

Cecilia A. Hodges, 2025
Regional President Greater Washington and Virginia, M&T Bank, Falls Church, VA

Brenda Galgano, 2026
Senior Vice President and Chief Financial Officer, Perdue, Salisbury, MD

Appointed by the Board of Governors

Brian McLaughlin, 2024
Founder and Managing Partner, PlanitWorks, Silver Spring, MD

William J. McCarthy, 2025
Executive Director, Catholic Charities of Baltimore, Baltimore, MD

Leslie D. Hale, 2026
President and Chief Executive Officer, RLJ Lodging Trust, Bethesda, MD

Charlotte Branch

Appointed by the Federal Reserve Bank

Samuel L. Erwin, 2024
Executive Vice President, First Horizon Bank, Greenville, SC

George Dean Johnson III, 2024
Chief Executive Officer, Johnson Development Associates, Inc., Spartanburg, SC

Dionne Nelson, 2025
President and Chief Executive Officer, Laurel Street Residential, Charlotte, NC

Lori Hudson, 2026
Vice President and Chief Financial Officer, National Gypsum Company, Charlotte, NC

Appointed by the Board of Governors

Bernett William Mazyck, 2024
President and Chief Executive Officer, South Carolina Association for Community Economic Development, Charleston, SC

James F. Goodmon Jr., 2025
President and Chief Operating Officer, Capitol Broadcasting Company, Raleigh, NC

Barbara Melvin, 2026
President and Chief Executive Officer, South Carolina Ports Authority, Mount Pleasant, SC

District 6–Atlanta

Covers the states of Alabama, Florida, and Georgia; 74 counties in the eastern two-thirds of Tennessee; 38 parishes of southern Louisiana; and 43 counties of southern Mississippi.

For more information on this District and to learn more about the Federal Reserve Bank of Atlanta's operations, visit https://www.frbatlanta.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/atlantafinstmt2024.pdf.

Class A

William Y. Carroll, Jr., 2024
President and Chief Executive Officer, SmartBank, Knoxville, TN

Cynthia N. Day, 2025
President and Chief Executive Officer, Citizens Trust Bank, Atlanta, GA

Rajinder P. Singh, 2026
Chairman, President, and Chief Executive Officer, BankUnited, Inc., Miami Lakes, FL

Class B

Michael Russell, 2024
Chief Executive Officer, H.J. Russell and Company, Atlanta, GA

Nicole B. Thomas, 2025
Hospital President, Baptist Medical Center Jacksonville, Jacksonville, FL

Michael E. Longo, 2026
President and Chief Executive Officer, Hibbett, Inc., Birmingham, AL

Class C

Claire Lewis Arnold, 2024
Chief Executive Officer, Leapfrog Services, Inc., Atlanta, GA

James O. Etheredge, 2025
Former Special Advisor to the Chief Executive Officer, Accenture North America, Atlanta, GA

Gregory A. Haile, 2026
Former President, Broward College, Fort Lauderdale, FL

Birmingham Branch

Appointed by the Federal Reserve Bank

Michelle Lewis, 2024
Chief Financial Officer, AAA Cooper Transportation, Dothan, AL

David L. Nast, 2024
President, Alabama/Florida Panhandle, United Community Bank, Huntsville, AL

Melanie Bridgeforth, 2025
President and Chief Executive Officer, Women's Foundation of Alabama, Birmingham, AL

Samuel N. Addy, 2026
Senior Research Economist, The University of Alabama, Tuscaloosa, AL

Appointed by the Board of Governors

Christy Thomas, 2024
Chief Financial Officer, McKinney Communications Corporation, Birmingham, AL

Randall P. Breaux, 2025
Group President, Genuine Parts Company of North America, Birmingham, AL

Hafiz Chandiwala, 2026
Executive Vice President and Chief Administrative Officer, Coca Cola Bottling Company United, Inc., Birmingham, AL

Jacksonville Branch

Appointed by the Federal Reserve Bank

Vacancy, 2024

Brian E. Wolfburg, 2024
President and Chief Executive Officer, VyStar Credit Union, Jacksonville, FL

R. Andrew Watts, 2025
Executive Vice President, Chief Financial Officer, and Treasurer, Brown & Brown, Inc., Daytona Brach, FL

Dana Kilborne, 2026
Chief Executive Officer, Cypress Capital Group, and President and Chief Executive Officer, Cypress Bank and Trust, Melbourne, FL

Appointed by the Board of Governors

Timothy P. Cost, 2024
President, Jacksonville University, Jacksonville, FL

Lisa Palmer, 2025
President and Chief Executive Officer, Regency Centers Corporation, Jacksonville, FL

Edward A. Moratin, 2026
President, LIFT Orlando, Orlando, FL

Miami Branch

Appointed by the Federal Reserve Bank

Ginger Martin, 2024
President and Chief Executive Officer, American National Bank, Oakland Park, FL

Jose Cueto, 2025
President and Chief Operating Officer, Grove Bank and Trust, Miami, FL

Ignacio Garcia-Menocal, 2026
Co-Founder and Chief Executive Officer, Grove Bay Hospitality Group, Miami, FL

Daniel Lavender, 2026
Chief Executive Officer, Moorings Park Institute, Inc., Naples, FL

Appointed by the Board of Governors

Kathleen Cannon, 2024
President and Chief Executive Officer, United Way of Broward County,
Fort Lauderdale, FL

Rita Case, 2025
President and Chief Executive Officer, Rick Case Automotive Group, Sunrise, FL

Diane Bessette, 2026
Vice President and Chief Financial Officer, Lennar Corporation, Miami, FL

Nashville Branch

Appointed by the Federal Reserve Bank

Kelly M. Dilts, 2024
Executive Vice President and Chief Financial Officer, Dollar General, Goodlettsville, TN

Leif M. Murphy, 2024
Chief Executive Officer, TeamHealth Holdings, Inc., Knoxville, TN

Michael Honious, 2025
President and Chief Executive Officer, GEODIS in Americas, Brentwood, TN

Marshall E. Crawford Jr., 2026
President and Chief Executive Officer, The Housing Fund, Inc., Nashville, TN

Appointed by the Board of Governors

Thomas Zacharia, 2024
Senior Vice President, Strategic Technology Partnerships and Public Policy, AMD, Lenoir City, TN

Amanda Hite, 2025
President, STR, Hendersonville, TN

William Bradley Southern, 2026
Chair and Chief Executive Officer, Louisiana-Pacific Corporation, Nashville, TN

New Orleans Branch

Appointed by the Federal Reserve Bank

Vacancy, 2024

David T. Darragh, 2024
Operating Partner, LongueVue Capital, Metairie, LA

William J. Bynum, 2025
Chief Executive Officer, Hope Credit Union, Hope Enterprise Corp., and Hope Policy Institute, Jackson, MS

William G. Yates III, 2026
President and Chief Executive Officer, W.G. Yates & Sons Construction Company, Biloxi, MS

Appointed by the Board of Governors

John C. Driscoll, 2024
Director and Chief Executive Officer, Alabama Port Authority,
Mobile, AL

Melissa B. Rogers, 2025
President and Founder, Noble Plastics, Grand Coteau, LA

Ajith Kumaran, 2026
Co-Chief Executive Officer, Raising Cane's, Baton Rouge, LA

District 7–Chicago

Covers the state of Iowa, 68 counties of northern Indiana, 50 counties of northern Illinois, 68 counties of southern Michigan, and 46 counties of southern Wisconsin.

For more information on this District and to learn more about the Federal Reserve Bank of Chicago's operations, visit https://www.chicagofed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/chicagofinstmt2024.pdf.

Class A

Christopher J. Murphy III, 2024
Chairman and Chief Executive Officer, 1st Source Bank, South Bend, IN

Susan Whitson, 2025
Chief Executive Officer, First Bank, and President, First of Waverly Corporation, Waverly, IA

Michael O'Grady, 2026
Chairman, President, and Chief Executive Officer, Northern Trust, Chicago, IL

Class B

Linda P. Hubbard, 2024
President and Chief Executive Officer, Carhartt, Inc., Dearborn, MI

Linda Jojo, 2025
Executive Vice President, Chief Customer Officer, United Airlines, Inc., Chicago, IL

David Cyril Habiger, 2026
President and Chief Executive Officer, J.D. Power, Troy, MI

Class C

Juan Salgado, 2024
Chancellor, City Colleges of Chicago, Chicago, IL

Maurice Smith, 2025
President, Chief Executive Officer, and Vice Chair, Health Care Service Corporation, Chicago, IL

Jennifer Scanlon, 2026
President and Chief Executive Officer, UL Solutions, Northbrook, IL

Detroit Branch

Appointed by the Federal Reserve Banks

Anika Goss, 2024
Chief Executive Officer, Detroit Future City, Detroit, MI

Kofi Bonner, 2025
Chief Executive Officer, Bedrock Management Service LLC, Detroit, MI

JoAnn Chavez, 2026
Senior Vice President and Chief Legal Officer, DTE Energy, Detroit, MI

Lisa Lunsford, 2026
Chief Executive Officer and Co-Founder, Global Strategic Supply Solutions (GS3 Global), Livonia, MI

Appointed by the Board of Governors

James M. Nicholson, 2024
Co-Chairman, PVS Chemicals, Inc., Detroit, MI

Ronald E. Hall, 2025
President and Chief Executive Officer, Bridgewater Interiors, LLC, Detroit, MI

Richard Keyes, 2026
President and Chief Executive Officer, Meijer, Grand Rapids, MI

District 8–St. Louis

Covers the state of Arkansas, 44 counties in southern Illinois, 24 counties in southern Indiana, 64 counties in western Kentucky, 39 counties in northern Mississippi, 71 counties in central and eastern Missouri, the city of St. Louis, and 21 counties in western Tennessee.

For more information on this District and to learn more about the Federal Reserve Bank of St. Louis's operations, visit https://www.stlouisfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/stlouisfinstmt2024.pdf.

Class A

Misty Borrowman, 2024
President and Chief Executive Officer, Bank of Hillsboro, Hillsboro, IL

C. Mitchell Waycaster, 2025
President and Chief Executive Officer, Renasant Bank, Tupelo, MS

Mardie R. Herndon Jr., 2026
President and Chief Executive Officer, Paducah Bank and Trust Company, Paducah, KY

Class B

Michael Ugwueke, 2024
President and Chief Executive Officer, Methodist Le Bonheur Healthcare, Memphis, TN

Penelope Pennington, 2025
Managing Partner, Edward Jones,
St. Louis, MO

R. Andrew Clyde, 2026
President and Chief Executive Officer, Murphy USA Inc., El Dorado, AR

Class C

Lal Karsanbhai, 2024
Chief Executive Officer, Emerson Electric Co., St. Louis, MO

Carolyn Chism Hardy, 2025
President and Chief Executive Officer, Chism Hardy Investments, LLC, Collierville, TN

Gregory A. Heckman, 2026
Chief Executive Officer, Bunge Global SA, Chesterfield, MO

Little Rock Branch

Appointed by the Federal Reserve Bank

Jeff Lynch, 2024
President and Chief Executive Officer, Eagle Bank & Trust Co., Little Rock, AR

Christopher B. Hegi, 2025
President and Chief Executive Officer, First Financial Bank, El Dorado, AR

Denise Thomas, 2026
Chief Executive Officer, World Trade Center Arkansas, University of Arkansas, Rogers, AR

Darrin Williams, 2026
Chief Executive Officer, Southern Bancorp, Inc., Little Rock, AR

Appointed by the Board of Governors

Jamie J. Henry, 2024
Vice President Finance, Emerging Payments, Walmart Inc., Bentonville, AR

Allison J. H. Thompson, 2025
President and Chief Executive Officer, Economic Development Alliance for Jefferson County, Arkansas, Pine Bluff, AR

Jennifer J. Anglin, 2026
Senior Director Fort Smith Operations, Pernod Ricard USA, Fort Smith, AR

Louisville Branch

Appointed by the Federal Reserve Bank

Dave W. Christopher, Sr., 2024
Founder and Executive Director, AMPED Louisville, Louisville, KY

James A. Hillebrand, 2025
Chairman and Chief Executive Officer, Stock Yards Bank & Trust,
Louisville, KY

Vacancy, 2026

Carrie A. Warren, 2026
President, Bank of Buffalo, Buffalo, KY

Appointed by the Board of Governors

Emerson M. Goodwin, 2024
Senior Vice President of Business Development, ARcare, Bentonville, AR

David Tatman, 2025
Assistant Plant Manager and Director of Engineering, Bendix Commercial Vehicle Systems, Bowling Green, KY

Condrad Daniels, 2026
President, HJI Supply Chain Solutions, Louisville, KY

Memphis Branch

Appointed by the Federal Reserve Bank

Tyrone Burroughs, 2024
President and Chief Executive Officer, First Choice Sales and Marketing Group Inc., Memphis, TN

R. Davy Carter, 2025
Regional President, Home BancShares, Inc., Jonesboro, AR

Jeff Agee, 2026
Chairman and Chief Executive Officer, First Citizens National Bank, Dyersburg, TN

Henry N. Reichle Jr., 2026
President and Chief Executive Officer, Staplcotn, Greenwood, MS

Appointed by the Board of Governors

Tracy D. Hall, 2024
President, Southwest Tennessee Community College, Memphis, TN

Vacancy, 2025

Vacancy, 2026

District 9–Minneapolis

Covers the states of Minnesota, Montana, North Dakota, and South Dakota; the Upper Peninsula of Michigan; and 26 counties in northern Wisconsin.

For more information on this District and to learn more about the Federal Reserve Bank of Minneapolis's operations, visit https://www.minneapolisfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/minneapolisfinstmt2024.pdf.

Class A

Jeanne H. Crain, 2024
President and Chief Executive Officer, Bremer Financial Corporation,
St. Paul, MN

Brenda K. Foster, 2025
Chairman, President, and Chief Executive Officer, First Western Bank and Trust, Minot, ND

Gerald H. Jacobson, 2026
President, Northwestern Bank, Chippewa Falls, WI

Class B

Sarah Walsh, 2024
Chief Executive Officer, MMA Northwest, Marsh McLennan Agency, Helena, MT

Lakota Vogel, 2025
Executive Director, Four Bands Community Fund, Eagle Butte, SD

Chelsie Glaubitz Gabiou, 2026
President, Minneapolis Regional Labor Federation, AFL-CIO, Minneapolis, MN

Class C

Paul D. Williams, 2024
President and Chief Executive Officer, Project for Pride in Living, Minneapolis, MN

Chris Hilger, 2025
Chairman, President, and Chief Executive Officer, Securian Financial, St. Paul, MN

Jay Debertin, 2026
President and Chief Executive Officer, CHS Inc., Inner Grove Heights, MN

Helena Branch

Appointed by the Federal Reserve Bank

Jason Adams, 2024
Owner and Consultant, Ace Housing and Development, LLC, Polson, MT

Mary Rutherford, 2025
President and Chief Executive Officer, Montana Community Foundation, Helena, MT

William C. Keller, 2026
President and Chief Executive Officer, Independence Bank, Havre, MT

Appointed by the Board of Governors

Bobbi Wolstein, 2024
Chief Financial Officer, LHC, Inc., Kalispell, MT

Alan D. Ekblad, 2026
Senior and Managing Partner, Strategic Labor Partnerships, Helena, MT

District 10–Kansas City

Covers the states of Colorado, Kansas, Nebraska, Oklahoma, and Wyoming; 43 counties in western Missouri; and 14 counties in northern New Mexico.

For more information on this District and to learn more about the Federal Reserve Bank of Kansas City's operations, visit https://www.kansascityfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/kansascityfinstmt2024.pdf.

Class A

Kyle Heckman, 2024
Chairman and Chief Executive Officer, Flatirons Bank, Boulder, CO

Alex Williams, 2025
Chairman, Chief Executive Officer, and President, Halstead Bank, Halstead, KS

Susan Chapman Plumb, 2026
Board Chair and Chief Executive Officer, Local Bank, Hulbert, OK

Class B

Ramin Cherafat, 2024
Chief Executive Officer, McCownGordon Construction, Kansas City, MO

Carmen Tapio, 2025
Owner, President, and Chief Executive Officer, North End Teleservices, LLC, Omaha, NE

Ruben Alonso III, 2026
Chief Executive Officer, AltCap, Kansas City, MO

Class C

Jandel Allen-Davis, MD, 2024
President and Chief Executive Officer, Craig Hospital, Englewood, CO

Patrick A. Dujakovich, 2025
President, Greater Kansas City AFL-CIO, Kansas City, MO

Paul Maass, 2026
Chief Executive Officer, Scoular, Omaha, NE

Denver Branch

Appointed by the Federal Reserve Bank

Nicole Glaros, 2024
Founder and Chief Executive Officer, Phos, Boulder, CO

Vacancy, 2024

John J. Coyne III, 2025
Chairman, Chief Executive Officer, and President, Big Horn Federal Savings Bank, Greybull, WY

Rachel Gerlach, 2026
Chief Credit Officer, Alpine Bank, Glenwood Springs, CO

Appointed by the Board of Governors

Janice J. Lucero, 2024
President and Chief Executive Officer, Motor Vehicle Division Express, Albuquerque, NM

Del Esparza, 2025
Chief Executive Officer, Esparza Digital & Advertising, Albuquerque, NM

Navin Dimond, 2026
Founder and Chief Executive Officer, Stonebridge Companies, Denver, CO

Oklahoma City Branch

Appointed by the Federal Reserve Bank

J. Walter Duncan IV, 2024
President, Duncan Oil Properties, Inc., Oklahoma City, OK

Mark Burrage, 2025
Chief Executive Officer, FirstBank, Atoka, OK

Terry Salmon, 2025
President, Computer System Designers, Oklahoma City, OK

Brady Sidwell, 2026
Owner and Principal, Sidwell Strategies, LLC, Enid, OK

Appointed by the Board of Governors

Rhonda Hooper, 2024
President and Chief Executive Officer, Jordan Advertising, Oklahoma City, OK

Dana S. Weber, 2025
Chief Executive Officer and Chairman of the Board, Webco Industries, Inc., Sand Springs, OK

Scott Case, 2026
President, Case & Associates Properties, Inc., Tulsa, OK

Omaha Branch

Appointed by the Federal Reserve Bank

Zac Karpf, 2024
President, Platte Valley Bank, Scottsbluff, NE

Susan L. Martin, 2024
President and Secretary-Treasurer, Nebraska State AFL-CIO, Lincoln, NE

Clark Lauritzen, 2025
Chairman and President, First National Bank of Omaha, Omaha, NE

DJ Eihusen, 2026
Chair, Chief Executive Officer, and President, Chief Industries, Inc., Grand Island, NE

Appointed by the Board of Governors

Joanne Li, 2024
Chancellor, University of Nebraska at Omaha, Omaha, NE

L. Javier Fernandez, 2025
President and Chief Executive Officer, Omaha Public Power District, Omaha, NE

David Roth, 2026
Chief Executive Officer, Omaha Airport Authority, Omaha, NE

District 11–Dallas

Covers the state of Texas, 26 parishes in northern Louisiana, and 18 counties in southern New Mexico.

For more information on this District and to learn more about the Federal Reserve Bank of Dallas's operations, visit https://www.dallasfed.org. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/dallasfinstmt2024.pdf.

Class A

Kelly A. Barclay, 2024
President and Chief Executive Officer, Ozona Bank, Wimberly, TX

Joe Quiroga, 2025
President, Texas National Bank, Edinburg, TX

Robert A. Hulsey, 2026
President and Chief Executive Officer, American National Bank of Texas, Terrell, TX

Class B

James K. Hill, 2024
President, James Hill Consulting, and Director, Neeley Center for Real Estate, Texas Christian University, Fort Worth, TX

Cynthia Taylor, 2025
President and Chief Executive Officer, Oil States International Inc.,
Houston, TX

Pascal Desroches, 2026
Senior Executive Vice President and Chief Financial Officer, AT&T, Inc., Dallas, TX

Class C

Gary C. Kelly, 2024
Executive Chairman, Southwest Airlines, Dallas, TX

Thomas J. Falk, 2025
Retired Chairman and Chief Executive Officer, Kimberly-Clark Corporation, Dallas, TX

Claudia Aguirre, 2026
President and Chief Executive Officer, BakerRipley, Houston, TX

El Paso Branch

Appointed by the Federal Reserve Bank

William Serrata, 2024
President, El Paso Community College, El Paso, TX

Kari Mitchell, 2025
Chief Executive Officer, Las Cruces Machine Mfg. & Engineering, Inc., Mesilla Park, NM

Christian Perez Giese, 2026
Senior Vice President, CBRE, Inc., El Paso, TX

James Walter, 2026
Co-Chief Executive Officer, Permian Resources, Midland, TX

Appointed by the Board of Governors

Tracy J. Yellen, 2024
Chief Executive Officer, Paso del Norte Community Foundation, El Paso, TX

Von C. Washington Sr., 2025
President, IDA Technology, El Paso, TX

Leila Melendez, 2026
Chief Executive Officer, Workforce Solutions Boderplex, El Paso, TX

Houston Branch

Appointed by the Federal Reserve Bank

Peter Rodriguez, 2024
Dean and Professor of Strategic Management, Rice University, Houston, TX

Gary R. Petersen, 2025
Managing Partner and Founder, EnCap Investments L.P., Houston, TX

Marc Boom, 2026
President and Chief Executive Officer, Houston Methodist, Houston, TX

Bhavesh V. Patel, 2026
Former President, Standard Industries, Houston, TX

Appointed by the Board of Governors

Cynthia N. Colbert, 2024
President and Chief Executive Officer, Catholic Charities Archdiocese of Galveston-Houston, Houston, TX

Ric Campo, 2025
Chairman and Chief Executive Officer, Camden Property Trust, Houston, TX

Ruth J. Simmons, 2026
Former President, Prairie View A&M University, Prairie View, TX

San Antonio Branch

Appointed by the Federal Reserve Bank

Gabriel Guerra, 2024
President and Chief Executive Officer, Kleberg Bank, Kingsville, TX

Denise Rodriguez Hernandez, 2025
Owner and Chief Executive Officer, The Eatery Culinary Group, San Antonio, TX

Bradley Barron, 2026
Former President and Chief Executive Officer, NuStar Energy, San Antonio, TX

Tyson Tuttle, 2026
Founder and Chief Executive Officer, Circuit, Austin, TX

Appointed by the Board of Governors

Monica Salinas, 2024
Chief Executive Officer, Operations, Cromex Forwarding Inc., Laredo, TX

Rosa Santana, 2025
Founder and Chief Executive Officer, Santana Group, San Antonio, TX

Veronica Muzquiz Edwards, 2026
Chief Executive Officer, InGenesis, Inc., San Antonio, TX

District 12–San Francisco

Covers the states of Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington, and serves American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands.

For more information on this District and to learn more about the Federal Reserve Bank of San Francisco's operations, visit http://www.frbsf.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2024 at https://www.federalreserve.gov/aboutthefed/files/sanfranciscofinstmt2024.pdf.

Class A

Clint E. Stein, 2024
Chief Executive Officer, Umpqua Bank, Portland, OR

Vacancy, 2025

Laura Lee Stewart, 2026
President and Chief Executive Officer, Sound Community Bank and Sound Financial Bancorporation, Seattle, WA

Class B

Arthur F. Oppenheimer, 2024
Chairman and Chief Executive Officer, Oppenheimer Companies, Inc., and President, Oppenheimer Development Corporation, Boise, ID

Maritza Diaz, 2025
Chief Executive Officer, ITJ USA, Inc., San Marcos, CA

Karen Kimbrough, 2026
Chief Economist, LinkedIn, Sunnyvale, CA

Class C

David P. White, 2024
Chief Executive Officer, 3CG Ventures, and Former National Executive Director, Screen Actors Guild, Los Angeles, CA

Mario Cordero, 2025
Executive Director, Port of Long Beach, Long Beach, CA

Russell A. Childs, 2026
Chief Executive Officer and President, SkyWest, Inc., St. George, UT

Los Angeles Branch

Appointed by the Federal Reserve Bank

Selena S. Cuffe, 2024
Co-Founder, Heritage Link Brands, and Chief Growth Officer, Blackstone Consulting, Inc., Los Angeles, CA

Zach Moon, 2024
General Manager, California Steel
Industries, Inc., Fontana, CA

Chang M. Liu, 2025
President and Chief Executive Officer, Cathay Bank, Los Angeles, CA

Vacancy, 2026

Appointed by the Board of Governors

Jack L. Sinclair, 2024
Chief Executive Officer, Sprouts Farmers Market, Phoenix, AZ

Rosemary A. Vassiliadis, 2025
Director of Aviation, Harry Reid International Airport, Las Vegas, NV

Carlos Gonzalez, 2026
Division President, Clark Construction Group, Irvine, CA

Portland Branch

Appointed by the Federal Reserve Bank

Stacey M. L. Dodson, 2024
Market President, Portland and Southwest Washington, U.S. Bank, Portland, OR

Maria Pope, 2025
President and Chief Executive Officer, Portland General Electric Company, Portland, OR

Alicia Chapman, 2026
Owner and Chief Executive Officer, Willamette Technical Fabricators, Portland, OR

Andrew Colas, 2026
President, Colas Construction, Inc., Portland, OR

Appointed by the Board of Governors

Gale Castillo, 2024
President, Canopy, Portland, OR

Vacancy, 2025

Graciela Gomez-Cowger, 2026
Chief Executive Officer, Schwabe, Williamson & Wyatt, Portland, OR

Salt Lake City Branch

Appointed by the Federal Reserve Bank

Lisa Ann Grow, 2024
President and Chief Executive Officer, IdaCorp & Idaho Power, Boise, ID

Jose Enriquez, 2025
Founder and Chief Executive Officer, Latinos In Action, Sandy, UT

Melanie Cox, 2026
Chief Executive Officer, Backcountry.com, Park City, UT

Mark Packard, 2026
President and Chief Executive Officer, Central Bank, Provo, UT

Appointed by the Board of Governors

O. Randall Woodbury, 2024
President and Chief Executive Officer, Woodbury Corporation, Salt Lake City, UT

Vacancy, 2025

Susan D. Morris, 2026
Executive Vice President and Chief Operations Officer, Albertsons Companies, Boise, ID

Seattle Branch

Appointed by the Federal Reserve Bank

Michael S. Senske, 2024
President and Chief Executive Officer, Pearson Packaging Systems, Spokane, WA

Robert C. Donegan, 2025
President, Ivar's Inc., Seattle, WA

Gabriel Kompkoff, 2026
President and Chief Financial Officer, Grant Aviation, Anchorage, AK

Eric Pearson, 2026
President and Chief Executive Officer, Community First Bank, Kennewick, WA

Appointed by the Board of Governors

Pallavi Mehta Wahi, 2024
Seattle Managing Partner and Co-United States Managing Partner, K&L Gates LLP, Seattle, WA

Sheila Edwards Lange, 2025
Chancellor, University of Washington Tacoma, Tacoma, WA

John Wolfe, 2026
Chief Executive Officer, Northwest Seaport Alliance, Tacoma, WA

Reserve Bank and Branch Leadership

Each year, the Board of Governors designates one Class C director to serve as chair and one Class C director to serve as deputy chair of each Reserve Bank board. Reserve Banks also have a president and first vice president who are appointed by the Bank's Class C (and certain Class B) directors, subject to approval by the Board of Governors. Each Reserve Bank selects a chair for every Branch in its District from among the directors on the Branch board who were appointed by the Board of Governors. For each Branch, an officer from its Reserve Bank is also charged with the oversight of Branch operations.

Boston

Corey Thomas, Chair

Roger W. Crandall, Deputy Chair

Susan M. Collins, President and Chief Executive Officer

Karen A. Pennell,
First Vice President and
Chief Operating Officer

New York

Vincent Alvarez, Chair

Pat Wang, Deputy Chair

John C. Williams, President and Chief Executive Officer

Sushmita Shukla, First Vice President and Chief Operating Officer

Additional office at East Rutherford, NJ

Philadelphia

Anthony Ibarguen, Chair

Sharmain Matlock-Turner, Deputy Chair

Patrick T. Harker, President and Chief Executive Officer

Jeanne R. Rentezelas, First Vice President and Chief Operating Officer

Cleveland

Heidi L. Gartland, Chair

Richard J. Kramer, Deputy Chair

Beth M. Hammack, President and Chief Executive Officer

Mark S. Meder, First Vice President and Chief Operating Officer

Cincinnati

Rachid Abdallah, Chair

Julianne Dunn, Vice President
and Senior Regional Officer

Pittsburgh

Vera Krekanova, Chair

Russell Mills, Vice President and Senior Regional Officer

Richmond

Jodie McLean, Chair

Lisa M. Hamilton, Deputy Chair

Thomas I. Barkin, President and Chief Executive Officer

Becky Bareford, First Vice President and Chief Operating Officer

Baltimore

William J. McCarthy, Chair

Andy Bauer, Vice President and Baltimore Regional Executive

Charlotte

Bernett William Mazyck, Chair

Matthew A. Martin, Vice President and Charlotte Regional Executive

Atlanta

Claire Lewis Arnold, Chair

Gregory A. Haile, Deputy Chair

Raphael W. Bostic, President and Chief Executive Officer

Cheryl Venable, First Vice President and Chief Operating Officer

Birmingham

Randall P. Breaux, Chair

Anoop Mishra, Vice President and Regional Executive

Jacksonville

Lisa Palmer, Chair

Michelle Dennard, Vice President and Regional Executive

Miami

Kathleen Cannon, Chair

Shari Bower, Vice President and Regional Executive

Nashville

Thomas Zacharia, Chair

Laurel Graefe, Vice President and Regional Executive

New Orleans

John C. Driscoll, Chair

Adrienne C. Slack, Vice President and Regional Executive

Chicago

Jennifer Scanlon, Chair

Juan Salgado, Deputy Chair

Austan Goolsbee, President and Chief Executive Officer

Ellen Bromagen, First Vice President and Chief Operating Officer

Additional office at Des Moines, IA

Detroit

Ronald E. Hall, Chair

Rick Mattoon, Vice President of Regional Analysis and Engagement, Detroit Regional Executive

St. Louis

Carolyn Chism Hardy, Chair

Lal Karsanbhai, Deputy Chair

Alberto G. Musalem, President and Chief Executive Officer

François G. Henriquez II, First Vice President and Chief Operating Officer

Little Rock

Jamie J. Henry, Chair

Matuschka Lindo Briggs, Senior Vice President and Regional Executive

Louisville

Emerson M. Goodwin, Chair

Seema Sheth, Senior Vice President and Regional Executive

Memphis

Tracy D. Hall, Chair

Douglas G. Scarboro, Senior Vice President and Regional Executive

Minneapolis

Chris Hilger, Chair

Paul D. Williams, Deputy Chair

Neel Kashkari, President and Chief Executive Officer

Ron J. Feldman, First Vice President and Chief Operating Officer

Helena

Alan D. Ekblad, Chair

Kansas City

Patrick A. Dujakovich, Chair

Jandel Allen-Davis, Deputy Chair

Jeffrey Schmid, President
and Chief Executive Officer

Kim Robbins, First Vice President and Chief Operating Officer

Denver

Navin Dimond, Chair

Nicholas Sly, Assistant Vice President and Branch Executive

Oklahoma City

Dana S. Weber, Chair

Chad R. Wilkerson, Senior Vice President and Branch Executive

Omaha

L. Javier Fernandez, Chair

Nathan Kauffman, Senior Vice President and Branch Executive

Dallas

Thomas J. Falk, Chair

Claudia Aguirre, Deputy Chair

Lorie K. Logan, President and Chief Executive Officer

Robert L. Triplett, III, First Vice President and Chief Operating Officer

El Paso

Tracy J. Yellen, Chair

Roberto A. Coronado, Senior Vice President and Senior Economist; Interim Regional Executive

Houston

Ruth J. Simmons, Chair

Daron D. Peschel, Senior Vice President and Regional Executive

San Antonio

Veronica Muzquiz Edwards, Chair

Armida Riojas, Assistant Vice President and Regional Executive

San Francisco

David P. White, Chair

Russell A. Childs, Deputy Chair

Mary C. Daly, President and Chief Executive Officer

Sarah Devany, First Vice President and Chief Operating Officer

Additional office at Phoenix, AZ

Los Angeles

Jack L. Sinclair, Chair

Qiana Charles, Vice President and Regional Executive

Portland

Gale Castillo, Chair

Ian Galloway, Vice President and Regional Executive

Salt Lake City

O. Randall Woodbury, Chair

Abby McLennan, Vice President and Regional Executive

Seattle

John Wolfe, Chair

Christina Prkic, Vice President and Regional Executive

Leadership Conferences

Conference of Chairs

The chairs of the Federal Reserve Banks are organized into the Conference of Chairs, which meets to consider matters of common interest and to consult with and advise the Board of Governors. Such meetings, also attended by the deputy chairs, were held in Washington, D.C., on May 8 and 9, 2024, and November 19 and 20, 2024. The conference's executive committee members for 2024 are listed below.1

Conference of Chairs Executive Committee—2024

Corey Thomas, Chair,
Federal Reserve Bank of Boston

Patrick A. Dujakovich, Vice Chair, Federal Reserve Bank of Kansas City

Jodie McLean, Member,
Federal Reserve Bank of Richmond

Conference of Presidents

The presidents of the Federal Reserve Banks are organized into the Conference of Presidents, which meets periodically to identify, define, and deliberate issues of strategic significance to the Federal Reserve System; to consider matters of common interest; and to consult with and advise the Board of Governors. The chief executive officer of each Reserve Bank was originally labeled governor and did not receive the title of president until the passage of the Banking Act of 1935. Consequently, when the Conference was first established in 1914 it was known as the Conference of Governors. Conference officers for 2024 are listed below.

Conference of Presidents—2024

John C. Williams, Chair,
Federal Reserve Bank of New York

Neel Kashkari, Vice Chair,
Federal Reserve Bank of Minneapolis

Heidy Medina, Secretary, Federal Reserve Bank of New York

Karmi Mattson, Assistant Secretary, Federal Reserve Bank
of Minneapolis

Conference of First Vice Presidents

The Conference of First Vice Presidents of the Federal Reserve Banks was organized in 1969 to meet periodically for the consideration of operations and other matters. Conference officers for 2024 are listed below.2

Conference of First Vice Presidents—2024

Ron Feldman, Chair,
Federal Reserve Bank of Minneapolis

Becky Bareford, Vice Chair,
Federal Reserve Bank of Richmond

Jamica Quillin, Secretary,
Federal Reserve Bank of Minneapolis

Nina Mantilla, Assistant Secretary,
Federal Reserve Bank of Richmond

Footnotes

1. On November 19, 2024, the Conference of Chairs elected Patrick A. Dujakovich, chair of the Federal Reserve Bank of Kansas City, as chair of the conference's executive committee for 2025. The conference also elected Lisa M. Hamilton, deputy chair of the Federal Reserve Bank of Richmond, as vice chair of the executive committee for 2025, and Pat Wang, deputy chair of the Federal Reserve Bank of New York, as the executive committee's third member for 2025. Return to text

2. On November 25, 2024, the conference elected Becky Bareford, Federal Reserve Bank of Richmond, as chair and Robert L. Triplett, III, Federal Reserve Bank of Dallas, as vice chair for 2025. The conference also elected Nina Mantilla, Federal Reserve Bank of Richmond, as secretary and Jordann Roberson, Federal Reserve Bank of Dallas, as assistant secretary. Return to text

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Last Update: January 22, 2026