Our Organization & People

Message From the President and OMWI Director Message From the President and OMWI Director

Susan M. CollinsDanny Best

Diversity, equity, and inclusion are high priorities for the Bank. We are committed to fostering an inclusive work environment where all employees can reach their full potential and the Bank is best equipped to fulfill its mission of public service.

We remain focused on advancing the Boston Fed’s mission across our broad constituency in New England and the nation. We work to further a culture of listening, build on our robust employee engagement, and create an environment where all can contribute at their highest potential. We will continue to integrate these important elements into all aspects of the Bank’s operations as we deliver on the Federal Reserve’s regional and System-wide priorities.

The Federal Reserve Bank of Boston is committed to the provisions of the Dodd-Frank Act which requires the Federal Reserve System to advance diversity, equity, and inclusion in our workforce, procurement initiatives, and the communities we serve.

Susan M. Collins
President and Chief Executive Officer

Danny Best
Vice President and Director,
Office of Minority and Women Inclusion

Our Foundation

At the Boston Fed, the Bank’s ability to achieve its mission is strengthened by building a more inclusive environment and continuously advancing diversity, equity, and inclusion in our workforce. This is in support of our commitment to every community in our district. DEI is deeply rooted in the Bank's culture, idea-vetting process, recruitment and retention practices, management expectations, employee and leadership development, and business activities. Here’s how we do it:

  • We make DEI a conscious part of every employee’s business conduct and of our organizational culture.
  • We communicate with our employees and actively ask for and receive feedback on our actions.
  • We foster an environment of open, responsive, and proactive communication.
  • We ensure that our recruitment and retention practices keep pace with the needs of an increasingly diverse workforce.
  • We offer internal and external professional development opportunities and rewards based on performance and contributions.
  • We promote a work environment characterized by creativity, dynamism, responsiveness, proactiveness, integrity, honesty, fairness, dignity, and respect.
  • We engage in frequent critical self-reflection to sustain and nurture our DEI work.
  • We foster our commitment to DEI in our work in the community and commitment to our Diversity Supplier Program.

EEO statement

The Boston Fed's Board of Directors has declared unanimously that it is policy of the Federal Reserve Bank of Boston to:

  • Provide equal opportunity to all persons without regard to race, religion, color, national origin, sex, age, disability, sexual orientation, gender identity, or genetic information in all actions, including employment, promotion, transfer, termination, wages, benefits and other conditions and privileges of employment.
  • Take action to prevent harassment or intimidation of all employees and to ensure that there is no retaliation against individuals who exercise rights protected by the policy.
  • Encourage participation by minority vendors in supplying needed goods and services in the Banks' purchasing requirements.
  • Encourage equal opportunities among the Bank's contractors.
  • Establish valid and reliable criteria against which to measure the success of the equal opportunity efforts.
  • Provide an example of achievement to the financial community of the First District and to the Federal Reserve System in ensuring equal opportunities.
  • Provide information and technical assistance as requested to financial institutions in the First District regarding establishment and administration of equal opportunity programs.
  • Delegate to officers, managers, and supervisors the responsibility for achieving the equal opportunity objectives within their respective areas of administration.
  • Be an active participant in community activities directed toward improved educational and employment training opportunities for the economically disadvantaged.

Office of Diversity, Equity & Inclusion

The Office of Diversity, Equity & Inclusion (ODEI) is dedicated to advancing and supporting diversity, inclusion, and equal employment opportunity at the Federal Reserve Bank of Boston. The Bank recognizes the importance of diversity, inclusion and equity and the strength that comes from diverse perspectives, ideas, and approaches. As mandated by section 342 of the Dodd Frank Act, the Office of Minority and Women Inclusion (OMWI), a component of the ODEI, is responsible for all facets of diversity in the management, employment, and business activities of the Federal Reserve Bank of Boston.

The team works to achieve fair access to career and procurement opportunities, better business outcomes, and a level playing field for training and development, key assignments, mentors, and promotion.

The ODEI uses both quantitative and qualitative data combined with management, staff, and community engagement to achieve its objectives. The primary objectives of the ODEI are:

  1. Recruitment
  2. Retention
  3. Inclusion
  4. Integration
  5. Supplier Diversity
  6. Equity

Supplier Diversity: Our Mission

The Boston Fed is committed to the fair inclusion and equal access to diverse suppliers in its procurement practices. We actively seek to foster and partner with businesses owned by underrepresented groups, including women, minorities, veterans, and LGBTQ+ individuals.

We recognize the vital role diverse suppliers play; not only they strengthen our organization but also contribute to the economic growth and social progress of the communities we serve.

Supplier Diversity Outreach Program

The Boston Fed maintains a diverse pool of qualified goods and services suppliers by participating in diverse vendor fairs, joining membership organizations that share our commitment to diversity, and by using diverse supplier databases to search for qualified companies. Through these efforts, we are proud to provide small, minority, and women-owned businesses with equal opportunities to compete to supply the Bank with goods and services.

Employee Resource Groups, Affinity Groups and Diversity and Inclusion Working Group

The Boston Fed offers employees the chance to participate in employee resource groups (ERGs) and affinity groups with a specific interest. ERGs and affinity groups are a valuable component of the Bank’s diversity strategy.

Employee Resource Groups

A Nossa A Nossa

Is a group of staff devoted to promoting the development, recruitment, and advancement of Portuguese speaking talent and people of Portuguese descent while increasing awareness of topics concerning and of interest to Portuguese communities.

A1-Fact A1-Fact

Is a forum for LGBTQ+ employees to network, help recruit, and build a supportive environment aimed to enhance the Bank’s standing as an employer of choice for LGBTQ+ talent. This ERG works to promote a positive environment that respects the diversity and inclusion of all employees.

Adelante! Adelante!

Is a group for the recruitment, growth, leadership, and retention of Hispanic/Latino talent at the Reserve Bank.

APEX APEX

The Asian Professionals for Excellence is a group of employees interested in discussing, sharing, and exploring professional and leadership development opportunities, and contributing to the growth, recruitment, and retention of Asian/Asian-American talent.

Eminence Eminence

Is a resource group to enhance career development and engagement of the Reserve Bank's seasoned workers and promote cross-generational understanding and collaboration.

LEAD in Women LEAD in Women

Is a group of employees who share a common interest in discussing, sharing, and exploring professional and leadership development opportunities.

neXus neXus

Is a group committed to actively contributing to the growth and development of self-identifying black employees with a focus on recruitment, retention, engagement, and talent development.

Veterans ERG Veterans ERG

Is a forum to celebrate, raise awareness, and promote the continued contributions veterans make to the Reserve Bank.

Affinity Groups

Caregivers Resource Group Caregivers Resource Group

A forum where employees who have a family member with disabilities can share, exchange, and learn from each other.

Professional Administrative Services Affinity Group (PASAG)  Professional Administrative Services Affinity Group (PASAG)

Aims to develop and share best practices among administrative support staff, provide superior customer service, and administrative skills.

The Project Managers Group The Project Managers Group

Was organized to share knowledge, experiences, and best practices and promote networking among employees who perform project management roles.

Race in America Race in America

Group meets to converse about race, racial disparities, and what’s happening in Greater Boston and the nation. Its purpose is to create a time and place where individuals can come together and learn what “race” means to others. It is a “no judgment zone.”