Indian-origin Naureen Hassan becomes first VP, COO of Federal Reserve Bank of New York. Naureen Hassan, An Indian – American, a 25 year veteran of the financial services industry, becomes First Vice President and Chief Operating Officer (COO) of the Federal Reserve Bank of New York.
The appointment was approved by the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York said in a statement. And it effected from 15.03.2021.
As the first vice president,
Hassan will be the New York Fed’s second ranking officer as well as an alternate voting member of the Federal Open Market Committee.
She was, most recently, the Chief Digital Officer for Morgan Stanley Wealth Management (MSWM).
According to her profile provided by the Bank, Hassan was formerly a member of the Board of Directors at OneSpan, a USD 250MM revenue public security software and hardware firm, and Ascensus, the largest independent record keeping services provider, third-party administrator, and government savings facilitator in the United States.
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