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Williams named president and CEO of New York Fed

Joe Mont | April 11, 2018

The Federal Reserve Bank of New York recently announced that John Williams has been named president and chief executive officer. Williams is currently the president and chief executive officer of the Federal Reserve Bank of San Francisco, a role he has had since March 1, 2011, when he succeeded former Federal Reserve Chair Janet Yellen.

His appointment by the eligible members of the New York Fed’s Board of Directors was approved by the Board of Governors of the Federal Reserve System. Williams will begin on June 18, 2018. Current president William Dudley’s last day will be June 17.

The San Francisco Fed is responsible for the Twelfth Federal Reserve District, the largest by geography and population. Among the unique roles of the San Francisco Fed is oversight of the Federal Reserve System’s Cash Product Office, which is responsible for nationwide cash distribution processes. It also sponsors the Center for Pacific Basin Studies, which promotes cooperation among...

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