The Federal Reserve Bank of Richmond has announced several new appointments. Ryan Rehorn has been promoted to vice president in Supervision, Regulation and Credit. In this role, he will lead the team supervising Bank of America. Rehorn joined the Richmond Fed in 2000 as a community bank examiner and became part of the Bank of America team in 2010. He holds a bachelor's degree in finance from the University of Tennessee.
Jason Schemmel has also been appointed as vice president in Supervision, Regulation and Credit, where he will co-lead the community and regional safety and soundness business line. Schemmel began his career with the Richmond Fed in 2005 as an assistant examiner and was elevated to assistant vice president in 2015. He earned his bachelor's degree in economics from the College of William & Mary.
Additionally, Azamat Abdymomunov has been named assistant vice president within the quantitative supervision and research unit of Supervision, Regulation and Credit. Abdymomunov joined the Richmond Fed as a financial economist in 2010 and advanced to senior manager by 2014. His previous experience includes working as an economist with both the World Bank and the central bank of Kyrgyz Republic. He holds a bachelor's degree from Kyrgyz National Technical University along with master’s and doctoral degrees from Washington University.
The Richmond Fed is one of twelve regional Reserve Banks collaborating with the Board of Governors to promote economic stability across its district, which includes areas such as Carolinas, District of Columbia, Maryland, Virginia, and most parts of West Virginia.