The Federal Reserve Bank of New York has announced the appointment of Frederic Veron as chief information officer and head of the Technology Group. In this capacity, he will also serve as a member of the Bank’s Executive Committee. Veron is set to join the New York Fed in June 2024.
“Frederic is a talented technologist and compelling people leader with more than 30 years of experience across complex global organizations,” said John C. Williams, president and chief executive officer of the New York Fed. “He has demonstrated his strength in the execution of large-scale technology projects and strategic thinking around cyber resiliency, infrastructure, modernization and innovation, and delivery transformation. We look forward to Frederic leveraging his expertise and leadership on our own technology efforts and those across the Federal Reserve System.”
Veron expressed enthusiasm about his new role: “I am honored and excited about the opportunity to join the Federal Reserve Bank of New York and work with the broader Federal Reserve System. I look forward to collaborating with my new colleagues to advance our technological capabilities in support of the bank's mission. By building on the team's past successes in innovation and operational excellence, we can continue to achieve our goals and deliver exceptional outcomes for all stakeholders.”
With over three decades of experience in financial services technology, Veron was most recently a financial services consulting principal within Ernst & Young LLP’s Technology Strategy & Transformation Practice. There, he managed major consulting engagements with global financial institutions focusing on areas such as technology strategy, resiliency, emerging technologies, delivery transformation, and IT operations. His previous roles include leadership positions at Deutsche Bank and Fannie Mae.
For more information on Veron's background, please see his bio.
Contact:
Suzanne Elio
(212) 720-6449
Suzanne.Elio@ny.frb.org
