Reported 6 months ago
The Federal Reserve Bank of Cleveland has named Beth Hammack, a veteran from Goldman Sachs Group Inc., as its next president. Hammack, with over three decades of experience in finance, capital markets, and risk management, will succeed Loretta Mester on June 30 and officially take office on August 21. She will be the fourth woman to lead the Cleveland Fed and will have a role in voting on monetary policy decisions starting in September. Hammack's appointment follows a nationwide search for a new president and has been met with positive reactions from industry experts.
Source: YAHOO