Boston Fed announces promotions of 3 officers to senior positions
Promotions in Supervision, Regulation & Credit, Financial Management, Financial Support Office
The Federal Reserve Bank of Boston is pleased to announce the appointment of three members of the Bank to senior leadership positions.
Chris Haley has been selected and promoted to serve as executive vice president and director of Supervision, Regulation & Credit following a comprehensive search for the position. Haley, who brings over 30 years of experience in the SRC division, will be the senior supervisory and regulatory advisor to Boston Fed leadership and will represent the Bank in interactions with the Board of Governors, the other Reserve Banks, and other supervisory agencies. His duties include membership on the Federal Reserve System committee that executes the Fed’s supervisory responsibilities. He will serve on the Large Institution Supervision Coordinating Committee, or LISCC, which provides strategic oversight of the System’s most complex financial firms. Haley takes over the position after Jim Nolan announced his retirement in 2020 following 35 years of distinguished service.
Steffanie Brady, the Bank’s current chief financial officer, has been promoted to senior vice president in the Boston Fed’s National & Local Financial Management division. Brady joined the Bank in 2006 as an accounting policy specialist and has served in various leadership roles, in Supervision, Regulation & Credit including on the LISCC Operating Committee. In January 2020, Brady was appointed vice president and chief financial officer. As CFO, she is responsible for all Boston Fed financial activities, including accounting, procurement, financial planning and analysis, and internal controls over financial reporting functional areas. Brady also has oversight responsibility for various operational, risk, credit, and finance activities for the Main Street Lending Program.
Chris Ritchie has been promoted to senior vice president in the Federal Reserve’s Financial Support Office, headquartered in Boston. Ritchie joined the Bank in 1988 and has worked on several major IT projects during his tenure. In February 2020, Ritchie transferred to the FSO, where he is responsible for operations and IT, shared services for the FSO across the system, and integration work with the FedNow instant payment service. Ritchie was also a technical advisor for the Money Market Mutual Fund Liquidity Facility and served as the business technology lead for the Main Street Lending program launch.
The Boston Federal Reserve Bank serves the First Federal Reserve District, which includes all of New England except Fairfield County, Conn. Within the district, the Bank monitors local economic conditions to aid in the formulation of monetary policy, engages in outreach to promote economic growth and community revitalization, supervises banks and bank holding companies, and provides financial services to facilitate banking operations. Read more about the Boston Fed.