The Federal Reserve Bank of New York named John C. Williams as president and CEO. Mr. Williams will assume the new position on June 18, 2018, upon the retirement of current president William C. Dudley.
Mr. Williams is currently serving as president and CEO of the Federal Reserve Bank of San Francisco. He assumed his current role in 2011, following a period as executive vice president and director of research.
Mr. Williams began his career as an economist at the Board of Governors of the Federal Reserve System. He also served as a senior economist at the White House Council of Economic Advisers.