Indian-origin veteran of the insurance industry Sushmita Shukla has been appointed as the First Vice President and Chief Operating Officer at the Federal Reserve Bank of New York. The appointment was approved by the Board of Governors of the Federal Reserve System, the New York Fed.
- 54 years old Shukla was appointed by the Board of Directors of the Federal Reserve Bank of New York as First Vice President and Chief Operating Officer, effective March 2023.
- As First Vice President Shukla holds an MBA from New York University and a bachelor’s degree in electrical engineering from the University of Mumbai.
- She will be the New York Fed’s second-ranking officer.
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