As provided by Section 4 of the Federal Reserve Act, as amended, an election will be held to choose successors, to serve for three-year terms, for the following two director positions at this Bank: Class A director, Vacant; and Class B director, Arvind Krishna, Chairman and Chief Executive Officer of IBM, Armonk, New York. The current Class A and Class B director terms will expire on December 31, 2023. Both of these director positions were elected by member banks in Group 3, and their successors will be chosen by this Group. Member banks in Groups 1 and 2 will not participate in this election.
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The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
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Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
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The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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Circular
Nomination of Directors
October 23, 2023
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