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April 15, 2021 SAN FRANCISCO – The Federal Reserve Bank of San Francisco’s board of directors today announced the search for the Bank’s first vice president and chief operating officer. The incumbent, Mark A. Gould, was recently named the Federal Reserve System’s first chief payments executive. The first vice president and chief operating officer is integral to the Bank’s pursuit of its vision to be a premier public service organization, and its commitment to reflect and serve every person and community across the Twelfth District. As the second-ranking officer of the Federal Reserve Bank of San Francisco, the first vice president and chief operating officer not only oversees the Bank’s operations and risk management, but also helps design and execute the strategic direction of the organization while fostering an inclusive and empowering environment where employees can do their best work. ....
Date Time Federal Reserve Board approves reappointment of Reserve Bank presidents and first vice presidents The Federal Reserve Board on Thursday announced the approval of the reappointment of 12 Federal Reserve Bank presidents and 11 first vice presidents, as previously made by their respective boards of directors. 1 Each individual has been approved to serve a new five-year term beginning March 1, 2021. Under section 4 of the Federal Reserve Act, all Reserve Bank presidents and first vice presidents serve five-year terms that expire at the end of February in years ending in 1 or 6. Presidents and first vice presidents who take office in intervening years are initially appointed for the remainder of the current term. Class B and C Reserve Bank directors who are not affiliated with a supervised entity are eligible to vote on appointment and subsequent reappointment actions for presidents and first vice presidents. ....
Source: US State of New York Federal Reserve The Federal Reserve Board on Thursday announced the approval of the reappointment of 12 Federal Reserve Bank presidents and 11 first vice presidents, as previously made by their respective boards of directors.1 Each individual has been approved to serve a new five-year term beginning March 1, 2021. Under section 4 of the Federal Reserve Act, all Reserve Bank presidents and first vice presidents serve five-year terms that expire at the end of February in years ending in 1 or 6. Presidents and first vice presidents who take office in intervening years are initially appointed for the remainder of the current term. Class B and C Reserve Bank directors who are not affiliated with a supervised entity are eligible to vote on appointment and subsequent reappointment actions for presidents and first vice presidents. ....