Federal Reserve Appoints Multiple Chairs and Deputy Chairs for 12 Regional Banks for 2026

Washington: The US Federal Reserve has officially announced the chairs and deputy chairs of all 12 Federal Reserve Banks for the year 2026, confirming major leadership appointments across the nation’s central banking network.

The announcement was made by the Federal Reserve Board of Governors, which each year designates one chair and one deputy chair at every Reserve Bank from among its appointed directors. These leaders play a crucial role in shaping US monetary policy, economic stability, financial regulation and regional banking governance.

Each Federal Reserve Bank has a nine-member board of directors representing a wide cross-section of business and community leadership in its district.

List of Federal Reserve Bank Chairs and Deputy Chairs for 2026

Federal Reserve Bank of Boston
Chair Lizanne Kindler, Executive Chair and Chief Executive, KnitWell Group
Deputy Chair Tim Sweeney, President, Chief Executive Officer and Chairman, Liberty Mutual Insurance

Federal Reserve Bank of New York
Chair Pat Wang, President and Chief Executive Officer, Healthfirst
Deputy Chair Rajiv J. Shah MD, President, The Rockefeller Foundation

Federal Reserve Bank of Philadelphia
Chair William Lo, Chief Executive Officer, Crystal Steel Fabricators Inc
Deputy Chair Kisha Hortman Hawthorne, Senior Vice President and Chief Operating Officer, Care Network and Behavioral Health and Crisis Center, Children’s Hospital of Philadelphia

Federal Reserve Bank of Cleveland
Chair Richard J. Kramer, Former Chairman, Chief Executive Officer and President, Goodyear Tire and Rubber Company
Deputy Chair Fred Hargett, Executive Vice President and Chief Financial Officer, University of Pittsburgh Medical Center

Federal Reserve Bank of Richmond
Chair Lisa M. Lawson, President and Chief Executive Officer, The Annie E. Casey Foundation
Deputy Chair Halsey M. Cook, President and Chief Executive Officer, Milliken and Company

Federal Reserve Bank of Atlanta
Chair Gregory A. Haile, Chief Executive Officer, Upwardly Global and former President, Broward College
Deputy Chair James O. Etheredge, Former Chief Executive Officer, Accenture North America

Federal Reserve Bank of Chicago
Chair Jennifer F. Scanlon, President and Chief Executive Officer, UL Solutions Inc
Deputy Chair Maurice Smith, Chairman, President and Chief Executive Officer, Health Care Service Corporation

Federal Reserve Bank of St Louis
Chair Lal Karsanbhai, President and Chief Executive Officer, Emerson Electric Company
Deputy Chair Gregory A. Heckman, Chief Executive Officer, Bunge Global SA

Federal Reserve Bank of Minneapolis
Chair Paul D. Williams, Founder and Principal Consultant, Williams Community Supports and retired President and Chief Executive Officer, Project for Pride in Living
Deputy Chair Jay Debertin, President and Chief Executive Officer, CHS Inc

Federal Reserve Bank of Kansas City
Chair Jandel Allen Davis MD, President and Chief Executive Officer, Craig Hospital
Deputy Chair Paul Maass, Chief Executive Officer, Scoular

Federal Reserve Bank of Dallas
Chair Claudia Aguirre, President and Chief Executive Officer, BakerRipley
Deputy Chair Gary C. Kelly, Chairman Emeritus, Southwest Airlines

Federal Reserve Bank of San Francisco
Chair Russell A. Childs, President and Chief Executive Officer, SkyWest Inc
Deputy Chair Pallavi Mehta Wahi, Chair of Western US Strategic Growth and Seattle Office Head, Arnold and Porter

These appointments reinforce the Federal Reserve’s focus on economic stability, strong governance and regional leadership as the United States economy moves through a critical policy cycle in 2026.

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