On May 3, 2024, the Federal Reserve Bank of Richmond made significant officer appointments within the organization.
Chris Andrews has been promoted to vice president of Audit with responsibility for comprehensive audit coverage of various Richmond Fed operations. Andrews, who joined the Richmond Fed in 1993 as a bank examiner, has steadily progressed within the organization, holding management roles before his recent promotion.
David McClenney has also been promoted to vice president of Audit. McClenney, who joined the Richmond Fed in 2011, has served in management roles within the Audit department and the Fed’s National IT organization prior to this promotion.
Jerrell Saunders has been named assistant vice president in Corporate Accounting, where he will lead the financial accounting and reporting team. Saunders brings a wealth of experience from his previous roles at Corning, Inc., and Altria.
Chase Rockey rounds out the appointments as the newly appointed assistant vice president in Federal Reserve Financial Services. Rockey, who has been with the Richmond Fed since 2015, will be responsible for a team supporting various Federal Reserve System initiatives.
As part of the nation’s central bank, the Richmond Fed, along with 11 other regional Reserve Banks and the Board of Governors, works to support a healthy economy and foster economic stability and strength. The Richmond Fed collaborates with community and business leaders across the Fifth Federal Reserve District to monitor economic conditions, address community issues, and provide valuable information to monetary and financial policymakers. Additionally, the Richmond Fed ensures the safe and sound operation of banks, supplies currency fit for distribution, and facilitates the secure transfer of funds through the nation’s payments system.
