He also served a two-year appointment as a visiting senior research economist at the Reserve Bank of Australia. Wright-McGowan holds a BA in political science from Ohio University, and she attended the strategic management program at Yale University and the human resources development program at the University of Michigan. Learn more about our other ELT members below. Muneera S. Carr , EVP, Chief Accounting Officer, and Controller. He represented the Federal Reserve on several international policy groups and served on key Federal Reserve System committees, including Payment System Oversight, Reserve Bank Operations, and Supervision and Regulation. William S. Demchak Chairman, President & Chief Executive Officer. Senior Outreach Officer, Tracy A. BasingerExecutive Vice President, Financial Institution Supervision and Credit, Philip B. JohnsonSenior Vice President, Operations and Safety, Gopa KumarExecutive Vice President and Chief A Cleveland native, Ms. Magas holds a BS in finance and an MBA with a focus in management information systems from the University of Toledo. He joined Citizens National Bank in 1992 where he held various management positions, including Executive Vice President and Chief Financial Officer. She was appointed assistant vice president in 2008, with responsibility for business technology services, information management, and quality assurance. for recruiting and managing the local Branch Board of Directors who represent the diversity of the community and business sectors in our district; engaging in community outreach to expand the transparency of the Federal Reserve System and to gather a more diverse picture of economic opportunity within our communities; and, developing active relationships with local business leaders to maintain the pulse of economic conditions at the grassroots level. The Executive Leadership Team (ELT) is responsible for setting and accomplishing the Bank’s mission, strategy and goals. She serves as an executive board member of Lakewood Catholic Academy and as a board member of Ohio Excels and Saint Joseph Academy. These operations include how the bank handles business. Dr. Tallman’s research currently focuses on macroeconomics, economic forecasting, and US historical episodes of financial crises and policy responses. U.S. Bank is not responsible for the content of, or products and services provided by Intuit, nor does it guarantee the system availability or accuracy of information contained in the site. Ms. Starks holds a BBA from Hiram College, an MA in psychology with a certification in diversity management from Cleveland State University, and an MA in organizational management from the University of Phoenix. He advises the Bank’s president on monetary policy and related matters. By selecting Continue, you will leave U.S. Bank and enter a third-party Web site. Thomas Dockman is executive vice president of the eGovernment Department at the Cleveland Fed. The website of the National Reserve Bank of Tonga. He chairs the Bank’s Executive Leadership Team and oversees all operating and support activities in the Cleveland Bank headquarters and in the Bank’s Pittsburgh and Cincinnati Branches. The Reserve Bank is led by a group of seven people, who together, form the senior leadership team. Executive Team. Outside the Cleveland Fed, she serves as president of the board of the Cleveland Furniture Bank. Before joining the Bank, he was employed as counsel to supervision at the Federal Home Loan Bank of Cincinnati. In 2020, she serves as an alternate voting member of the Federal Open Market Committee. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank … William D. Fosnight is senior vice president and general counsel at the Federal Reserve Bank of Cleveland. If you have a question about our Bank’s recruitment process, please contact us. He also serves on the board of trustees of the HELP Foundation, a nonprofit organization that empowers disabled individuals through residential, day support, educational and vocational programs. He is also responsible for the Audit Application Competency Center of the Federal Reserve System. He is an executive director of the Absa Bank Limited Board. She was promoted to vice president of Information Technology Services in 2013 and led the Bank’s applications software development, end user support, and automation infrastructure support. Prior to joining Oberlin, he served as a vice president and team leader for the macroeconomics group in the Research Department at the Federal Reserve Bank of Atlanta and as an adjunct professor at Emory University. His areas of expertise include accounting, finance planning and analysis, and risk and operations management. After joining the Bank in 1987, she held management positions in both the Cash and Check Departments before being appointed assistant vice president in 2003. Before joining the Cleveland Reserve Bank in 2018, Mr. Beedles was vice president of finance and global controller at Kalibrate Technologies Ltd. Officer, Mark A. Gould First Vice President and Chief Operating Officer, Deborah M. AwaiSenior Vice President, Chief Financial Officer and Engagement is a key part of what we do at the Federal Reserve Bank of Cleveland. The team is also comprised of the First Vice President (FVP) and other appointed officers. Derek A. Mouneer I. Ahmad is a senior vice president at the Federal Reserve Bank of Cleveland responsible for the Bank’s Cash Services, Facilities, and Law Enforcement Departments. The CEO of a bank is responsible for operations and policy. Since joining the Cleveland Reserve Bank in 1993, Mr. Meder has been responsible for the safety and soundness of the Fourth Federal Reserve District’s community banking organizations; led the Credit Risk Management, Statistics and Analysis, and Financial Support Services Departments, including Strategy and Performance Management; and served as vice president of regional bank, community bank, and thrift holding company supervision in the Supervision and Regulation Department. The Federal Reserve Bank of New York is led by the president, first vice president and an executive committee, which is comprised of the heads of the Bank's business areas. He also serves as the Richmond Fed’s branch executive in Charlotte. There, Ms. Starks leads the Bank’s workforce diversity initiatives; diversity and inclusion education, learning, and development; strategic collaboration with colleagues to develop a nationally recognized supplier diversity program; and efforts to deepen the Bank’s community presence through the provision of financial education and literacy programs for students living in socioeconomically distressed neighborhoods. Downtown Women’s Center 442 S. San Pedro Street Los Angeles, CA 90013 (213) 680-0600 Self-recommendations are also welcome. At National City, Tengel was a member of the executive management team and Executive Vice President of Corporate Banking, responsible for managing a portfolio of business units including Capital Markets, Commercial Real Estate, Leasing, Specialized Industry Segments and Private Equity. Prior to joining Patriot, Mr. Deutsch served as the President and Chief Executive Officer at Team Capital Bank from November 2004 to April 12, 2011. Wright joined the Richmond Fed as an assistant vice president of Check Operations in 2004, after working in the financial services area at the Atlanta Fed for nine years. Board of Governors of the Federal Reserve System. Executive Management Page Content The department comprises the Office of the Governor, Offices of the Deputy Governors, Adviser to the Governor, Chief Operating Officer, Chief of Staff, SARB Group Secretariat and Strategy and Communications Following graduation, Mr. Carroll worked for Kraft CPAs in Nashville, Tenn. Lynne is a member of the Federal Reserve Bank of New York’s Regional Advisory Board and serves on the Board of Trustees for the Burchfield Penney Art Center. Mr. Dockman joined the Bank as vice president of ecommerce strategic initiatives in 2015, and before that time he held senior leadership positions at financial services and technology companies such as Mitek Systems, Ally Bank, and Intuit. She was appointed vice president in 2005 and served as chair of the Bank Management Committee. Mr. Fosnight earned a BA in economics from Miami University and a JD from Case Western Reserve University School of Law. He is a certified public accountant and a member of the AICPA and the Ohio Society of Certified Public Accountants. Senior Executives of the Reserve Bank: Governor. Her expertise includes aligning human resource strategy with business goals to achieve significant improvements in employee engagement, organizational productivity, and management capability. In this role, she led the Global Human Resources function, overseeing all human resources aspects of the organization, and was a member of the senior leadership team. Mary C. DalyPresident and Chief Executive Prior to joining the Cleveland Reserve Bank, Mr. Ahmad was a senior manager in the finance strategy and operations practice at Deloitte Consulting LLP. William S. Demchak is chairman, president and chief executive officer of The PNC Financial Services Group, one of the largest diversified financial services companies in the United States. Prior to J.P. Morgan, he was a member of the Corporate Finance team at Lehman Brothers, Inc. Mr. Quake holds a B.A. These functions are defined and regulated by the Federal Reserve, but things not regulated are determined by bank policy written by the decision makers in the bank management team, which is supervised and directed by the CEO. He was also the US financial operations lead in the organizational development and process improvement area of Oilily Retail USA. She is an advocate for autism awareness and the Metro Health Friends of Mothers and Infants. Information The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. He is a past president of the Northern Ohio Chapter of the Risk Management Association, a trade organization that promotes sound credit risk management practices. Chief Executive Officer WESTconsin Credit Union Menomonie, WI Jon Eberle CFO and EVP Home Federal Savings Bank Rochester, MN James Espeland President and CEO First National Bank Henning, MN Shari Laven CEO Viking Savings Bank Alexandria, MN Brenda … In 2007, Ms. Vidacs was appointed senior vice president. He has also served as controller and director of accounting at Things Remembered and director of finance at the law firm Thompson Hine LLP. Mr. Beedles is a Cleveland native. Members actively drive the Bank’s strategy, execute achievement of the Bank’s goals and advise the President in executing responsibilities. He was promoted to assistant vice president and assistant general counsel in 1994, vice president and associate general counsel in 2001, and to his current position in 2011. Assistant Governor (Corporate Services) Assistant Governor (Business Services) Assistant Governor (Economic) Assistant Governor (Financial Markets) Assistant Governor (Financial System) In this role, which he assumed in November 2019, he is responsible for leading the areas of financial support services, enterprise risk management, and innovation. He has more than 20 years of product development and delivery experience in the financial services, insurance, and retail markets. To recommend a candidate to serve on one of the Federal Reserve Bank of Cleveland’s boards of directors, advisory councils, or other forms of engagement with the Federal Reserve Bank of Cleveland, complete and submit this form. Officer, Sylvain LeducExecutive Vice President and Director of Research, Laura MonfrediniSenior Vice President and General Counsel, Roger W. Replogle Executive Vice Prior to engaging his current role, he was vice president of the Financial Support Services Department and led the accounting, financial services, procurement services, payment services, and travel functions within the Bank. Steve joined the Supervision and Regulation Department in 1986 as a bank examiner and was appointed to his current position in 2007. In 2018, Ms. Magas was appointed chief information officer, and she serves on the Bank’s Executive Leadership Team. Flowers , Senior EVP, Head of Strategic Execution and Operations. Diana C. Starks is vice president of the Human Resources Department, including the Office of Diversity and Inclusion, and director of the Office of Minority and Women Inclusion at the Federal Reserve Bank of Cleveland. By doing so, the Regional Executives help ensure the local perspective is reflected in the Get an overview of how the National Reserve Bank of Tonga started, our people and vision for Tonga's economy. This Web site is not controlled by U.S. Bank. The Reserve Bank Board comprises nine members: three ex officiomembers – the Governor (who is Chair), the Deputy Governor (who is Deputy Chair) and the Secretary to the Treasury – and six non-executive members, who are appointed by the Treasurer. Responsible for the company’s strategic direction, talent development and financial performance, our Executive Team is dedicated to building a company that nourishes the world in a safe, responsible and sustainable way. Beth Lawlor is President of U.S. Bank Private Wealth Management, setting the strategic direction and overseeing all aspects of U.S. Bank’s high net worth wealth management business. Federal Reserve Bank of San Francisco. Mr. Ahmad is a member of APICS. This team is jointly responsible for progressing the Bank’s vision (Great Team, Best Central Bank) and for all strategic, financial, legal, operational and reputational matters. Mr. Deutsch currently serves on the boards of directors of MBT Financial Corp. and Pacific Mercantile Bancorp. Measuring performance is one way a bank can ensure that its board and executive management team achieve bank performance targets. She currently sits on the Bank’s Executive Leadership Team. Mr. Meder earned a BBA with a concentration in accounting from Cleveland State University and an MBA from The Ohio State University. Ms. Vidacs earned a BBA in finance from Kent State University. The Reserve Bank of New Zealand Act 1989 and the Board Charter (PDF 280KB) set out the responsibilities of the Reserve Bank Board and its members. Before joining Vitamix, she was divisional human resources leader for Siemens Healthcare. Gregory L. Stefani is first vice president and chief operating officer of the Federal Reserve Bank of Cleveland. Lisa M. Vidacs is a senior vice president at the Federal Reserve Bank of Cleveland, overseeing the Corporate Communications and Engagement Department. Gregory L. Stefani is first vice president and chief operating officer of the Federal Reserve Bank of Cleveland. The President of the Bank chairs the ELT. Mr Gore has worked for a number of banks including Barclays Bank, Interfin Merchant Bank and the Reserve Bank of Zimbabwe from 2000 to early 2008. The team is also comprised of the First Vice President (FVP) and other appointed officers. Michael Beedles is senior vice president and chief financial officer at the Federal Reserve Bank of Cleveland. She assumed her role as president and chief executive officer in June 2014. The leadership team is focused on how we how we operate as a whole - across people, systems and … James D. Aramanda. His areas of expertise include financial planning and analysis, strategic planning and leadership, business process optimization, and organizational management. The Governor and Deputy Governor are appointed for terms of up to seven years, and are eligible for reappointment. He joined the Cleveland Reserve Bank as an attorney in 1986 and was named senior attorney in 1989. David C. Galloreese , Senior EVP, Head of Human Resources. Mr. Bradshaw has over forty years of experience in financial management and banking. Evelyn Magas is a senior vice president and chief information officer at the Federal Reserve Bank of Cleveland. Community Depository Institution Advisory Council. The Regional Executives are senior leaders in each of our district offices who are responsible For more information, see Mr. Stefani’s bio here. Daisuke Bito is Head of Japanese Corporate Banking for MUFG Americas Holdings Corporation and MUFG Union Bank, N.A. She is responsible for the strategic leadership of the Bank’s Information Technology Services, Information Security, and Business Continuity functions. Mary T. Mack , Senior EVP, CEO of Consumer & Small Business Banking. John C. Williams, President and Chief Executive Officer. Executive Team. President, The primary function of the Board is to review the performance of the Governor and the Bank. Before joining Deloitte, Mr. Ahmad was a business advisory manager for Ernst & Young LLP and a senior consultant in the strategy, process, and transformation area for BearingPoint. Sales Management Account Executive Title/Role Contact Number ; Lance Wagner Sales Manager: All Districts: P: (816) 881-2498: Paul Berling Sales Manager - East Region: Atlanta, Boston, Cleveland, Dallas, New York, Philadelphia, Richmond, St. Louis: P: (214) 922-5430: Richard Watada Sales Manager – … The executive management of CDHIB comprises the following: Prior to joining First Reserve, he was a member of the investment team at J.P. Morgan’s private equity fund for five years. Members actively drive the Bank’s strategy, execute achievement of the Bank’s goals and advise the President in executing responsibilities. The Executive Leadership Team (ELT) is responsible for setting and accomplishing the Bank’s mission, strategy and goals. The purpose of the Executive Leadership Team (ELT) is to provide broad organizational leadership, oversight, and direction; to ensure the Bank’s strategy, structure, and culture are aligned; and to serve as an advisory body to the president. from Williams College and an M.B.A. from Harvard Business School. The management team consists of seasoned bankers and professionals that are driven to make CDHIB a leading financial institution by prudently managing the assets of the bank to provide adequate return to investors. Bryant has over 20 years of experience in IT services delivery, information security, risk management and program management. Mr. Senior Leadership Team. The Bank has an equally exceptionally talented and perfectly qualified Executive Management team that is supported by an all high calibre senior management team heading various specialized functions of the bank. "Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. For more information, see Dr. Tallman’s bio here. There, he led several process, organization, and systems strategy development efforts to support multi-billion-dollar company mergers and system integration programs. The President of the Bank chairs the ELT. He chairs the Bank’s Executive Leadership Team and oversees all operating and support activities in the Cleveland Bank headquarters and in the Bank’s Pittsburgh and Cincinnati Branches. He holds a certification in risk management assurance. He holds a BS in accounting and finance from the University of Cincinnati. William M. Daley , Vice Chairman of Public Affairs. Ms. Magas began her career with the Cleveland Reserve Bank in 1985 as a bank examiner. Roger is the former Vice Chairman of the Board of Governors of the U.S. Federal Reserve System. In early 2014, she was invited to join the Community Depository Institutions Advisory Council of the Federal Reserve Bank’s 12th District (CDIAC) and currently serves as the National CDIAC President. Cash Product Manager and Los Angeles Branch Regional Executive, Robin RockwoodSenior Vice President of Public Engagement and Office of the Secretary, Adrian RodriguezSenior Vice President and Chief Communications Officer. Prior to the Federal Reserve, Bryant was a cybersecurity and information technology officer with the United States Air Force, serving in diverse leadership roles worldwide, including the National Security Agency. Janet joined Montecito Bank & Trust in 2004 and was promoted to President and CEO in 2006. The competitive nature of the banking industry compels banks to optimize bank performance in the interest of its shareholders and a community that seeks competitive products and services. Mark S. Meder is senior vice president and general auditor at the Federal Reserve Bank of Cleveland, having been appointed to his current position in 2012. He is responsible for overseeing the Legal Department, the Office of the Corporate Secretary and for providing corporate legal counsel and advice to the Bank. Mary C. Daly took office on October 1, 2018, as president and chief executive officer of the 12th District, Federal Reserve Bank of San Francisco. Stephen H. Jenkins is a senior vice president at the Cleveland Fed responsible for three Bank departments: Supervision and Regulation, Credit Risk Management, and Statistics and Analysis. The Federal Reserve Board of Governors in Washington DC. Prior to joining the Cleveland Reserve Bank, Dr. Tallman was the Danforth-Lewis Professor of Economics and the Department of Economics chair at Oberlin College. Mr. Aramanda serves as President and Chief Executive Officer of The Clearing House, a 166-year old enterprise that operates as the largest private-sector payment system in the United States, clearing and settling approximately $2 trillion in bank-to-bank payments each day. monetary Effective April 1, 2020 Appointed by the Board of Governors of the Federal Reserve System Anita V. Pramoda (2021) Chair of the Board Chief Executive Officer Owned Outcomes Las Vegas, Nevada Robert H. President and Chief Executive Officer. Prior to her appointment at the Cleveland Reserve Bank, Wright-McGowan was the vice president of human resources, talent, and culture at the Vitamix Corporation in Cleveland, Ohio. The non-executive members are appointed for terms of up to five years. There is no limit on the number of terms a member may serv… A native of Cleveland, he holds a BS in finance from Bowling Green State University, an MBA from the University of Pittsburgh, and a diploma from the Graduate School of Banking at Colorado. He holds a BA in finance from Northern Illinois University. Margie Wright-McGowan was appointed senior vice president of the People and Culture Department (formerly the Human Resources Department) at the Cleveland Fed in 2017. Deputy Governor. Mr. Dockman holds a BBA from Cleveland State University. He is responsible for the strategic leadership and oversight of the Bank’s Audit Department. Since then, she has held positions of increasing responsibility within the Supervision and Regulation Department, including serving as an information technology banking supervisor and operational risk banking supervisor. As president and chief executive officer of the Federal Reserve Bank of Cleveland, Loretta J. Mester participates in the formulation of US monetary policy and oversees 1,000 employees in Cleveland, Cincinnati, and Pittsburgh who conduct economic research, supervise banking institutions, and provide payment services to depository institutions. He also served on the Bank’s Board of Directors as well as the Loan Committee and Asset Liability Committee. Ellis Tallman is executive vice president and director of research at the Federal Reserve Bank of Cleveland, for which he leads the Research Department’s efforts in conducting economic research and policy analysis. These policies and procedures govern operations such as lending requirements, mortgage requirements, opening an account, savings account rules, checking acc… Wayne-Kent A. Bradshaw is the President and Chief Executive Officer of the Company and the Bank. Michael Strine, First Vice President. policy process. 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