Kenneth C. Montgomery, first vice president and chief operating officer at the Federal Reserve Bank of Boston, is responsible for the Bank’s financial and U.S. Treasury services, information technology, regional outreach and community development, strategic planning, human resources, corporate support, and administrative activities.

In a national capacity, Montgomery is the Secure Payments Strategy Leader responsible for the Federal Reserve System’s effort to reduce fraud risk and advance the safety, security, and resiliency of the U.S. payment system. As part of this initiative, he is leading efforts to develop a multifaceted approach to understand aspects of payment fraud and security vulnerabilities, and help to inform the Federal Reserve’s ongoing collaboration with the U.S. payments industry.

Montgomery also directs financial management strategies and operations as function director for the Federal Reserve System’s Financial Support Office. He serves on the Fed’s Financial Services Policy Committee, which sets the strategic direction for the evolving U.S. payment system, and he is a former chair and current member of the Federal Reserve’s Conference of First Vice Presidents.

Prior to joining the Boston Fed in 2011, Montgomery was executive vice president and Federal Reserve System chief technology officer based out of the Federal Reserve Bank of Richmond. In this role, he presided over a broad swath of information technology functions that guide and support technology groups at Regional Banks across the Federal Reserve System. His responsibilities included business consulting, technology and strategic planning and standards development, information security policy and risk management, high-intensity solutions engineering, and overall national program management. Montgomery’s Fed career began at the New York Fed in 1983.

Montgomery, originally from Kearny, New Jersey, received a bachelor’s degree from Seton Hall University and M.B.A. from Fairleigh Dickinson University.

He serves as chair of the Boston Private Industry Council—Boston’s Workforce Development Board; is an executive committee member of the Boston Municipal Research Bureau, and the Greater Boston Chamber of Commerce. He serves as vice chairman of the Advanced Cyber Security Center, a nonprofit consortium made up of industry, university, and government organizations.