China central depository & clearing co., ltd., Bank

New York, March 5 Indian-American Naureen Hassan, a 25-year veteran of the financial services industry, has been named as the First Vice President and Chief Operating Officer (COO) of Federal Reserve Bank of New York.In a statement issued on Thursday, the Bank said that the appointment effective March 15, was approved by the Board of Governors of the Federal Reserve System."As 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," the statement said."Naureen's leadership background, deep commitment to fostering diverse teams, and extensive technology and financial experience will be critical to her role as a bank leader," John C. Williams, President and CEO of the New York Fed, was quoted as saying in the statement."I am confident that Naureen will be an inspiring and innovative leader, and look forward to working with her to move our organisation forward in line with our values," he added.Meanwhile, Denise Scott, Executive Vice President of the Local Initiatives Support Corporation (LISC) and chair of the New York Fed's Board of Directors, said that "Naureen's leadership experience and operational expertise are fully aligned with what the search committee and I envisioned for this role".According to the statement, Hassan has previously served in various capacities in the financial services industry, focusing primarily on digital and business process transformation.For the past four years, she was Chief Digital Officer of wealth management at Morgan Stanley.Hassan's parents are immigrants from Kerala, India.Her father, Javad K. Hassan was a former senior executive at IBM and former president of Global Inter Connect Systems at AMP Inc (now TE Connectivity).( With inputs from IANS )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

China Central Depository & Clearing Co., Ltd.FOLLOW

China central depository & clearing co., ltd., Latest News

Aurangabad, April 5: The newly elected chairman of Aurangabad District Central Co-operative (ADCC) Bank, Nitin Patil, underlined that he ... ...

Yes Bank said on Monday that its deposits came in at Rs 1.62 lakh crore in the fourth quarter ending March, increasing by 54.7 per cent from Rs 1.05 lakh crore a year-ago corresponding period. ...

Aurangabad, March 24: Bank customers could be left high and dry as banks will remain closed for seven days ... ...

Aurangabad, March 16: Bank officials and employees spontaneously participated in the nationwide strike on Tuesday. This was the second ... ...

Bank employees continued with their nationwide strike on Tuesday, for the second day, following the call of the United Forum of Bank Unions (UFBU). Like all other parts of the country, it has impacted services and operations in Mumbai, Panchkula and ...

HDFC Bank on International Women' Day announced the launch of SmartUp Unnati, a dedicated programme for mentoring women entrepreneurs by women leaders at the bank. ...

New Delhi, March 6 Singapore-based fund house, Bank Julius Baer, has upgraded India to overweight as it will ... ...

New York, March 5 Indian-American Naureen Hassan, a 25-year veteran of the financial services industry, has been named as ... ...