Categories: Appointments

Naureen Hassan appointed as 1st VP & COO of Federal Reserve Bank

Indian-origin Naureen Hassan has been appointed as the first Vice President and Chief Operating Officer (COO) of the New York-based Federal Reserve Bank, by the Board of Governors of the Federal Reserve System. Hassan, whose parents had immigrated from India, is a 25-year veteran of the financial services industry with expertise in strategy, digital transformation, cybersecurity and regulatory/risk management.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

With this new role, Hassan will become the second-highest-ranking officer of the New York Fed as well as an alternate voting member of the Federal Open Market Committee. Prior to this, she was the Chief Digital Officer for Morgan Stanley Wealth Management (MSWM). She will take over the new role with effect from March 15, 2021. 

Important takeaways for all competitive exams:

  • CEO of the Federal Reserve Bank: John C. Williams.
  • Federal Reserve BankChairperson: Jerome Powell.
  • Federal Reserve BankFounded: 23 December 1913.
  • Federal Reserve Bank HQ: New York, United States.

Find More Appointments Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

The Forgotten Story of Tamils in Moreh: How Manipur Border Town Became Home to Tamil Diaspora

A brief yet poignant scene in the hit series Family Man 3 has opened a…

18 mins ago

Which Country is Known as the Land of Festivals?

India is often called the Land of Festivals because it celebrates countless festivals throughout the…

2 hours ago

Simone Tata: The Visionary Behind Lakmé and Westside Passes Away at 95

Simone Tata, a transformative figure in India’s business landscape and the step-mother of Ratan Tata,…

3 hours ago

When was IndiGo Airlines Founded and Who Founded It?

IndiGo Airlines is one of India’s most popular and trusted airlines. It is known for…

3 hours ago

Which Country is Known as Deutschland?

Many countries have different names in different languages. One such country is Germany, which is…

4 hours ago

Which River is Known as the Lifeline of Northeast India?

Northeast India is a region full of beautiful landscapes, green forests and rich culture. A…

4 hours ago