Office of the First Vice President

Kenneth C. Montgomery
Kenneth C. Montgomery
First Vice President & Chief Operating Officer

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Role of the First Vice President and Chief Operating Officer Role of the First Vice President and Chief Operating Officer

The first vice president and chief operating officer works closely with the president and chief executive officer to establish strategic direction for the Bank and ensure coordination with other Reserve Banks and Federal Reserve System-wide efforts. He or she is charged with overseeing the operations and activities of many functional areas of the Bank and other national responsibilities on behalf of the Federal Reserve System. The first vice president works directly with the Boston Fed’s Board of Directors as well as business, civic, community, and other public constituencies. In the absence of the Bank’s president, the first vice president serves as chief executive officer.