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Federal Reserve Bank Services CEO and executives

Executive Summary. Based on our data team's research, Charles Evans is the Federal Reserve Bank Services's CEO. Federal Reserve Bank Services has 1,625 employees, of which 10 are in a leadership position.
Here are further demographic highlights of the leadership team:
  • The Federal Reserve Bank Services executive team is 50% female and 50% male.
  • 68% of the management team is White.
  • 18% of Federal Reserve Bank Services management is Hispanic or Latino.
  • 10% of the management team is Black or African American.
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Name & TitleBio
Charles Evans

CEO

Charles L. Evans (born January 15, 1958) is the ninth president and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System's monetary policy-making body.

Katie Wisby

SVP & CIO: Central Bank Services, Information Technology, & System Leadership Initiative

Katie Wisby's LinkedIn

Katie Wisby is a SVP & CIO: Central Bank Services, Information Technology, & System Leadership Initiative at Federal Reserve Bank of Chicago. She has worked as Assistant Vice President - Discount Window, Collateral Management, & Payment System Risk at Federal Reserve System; Senior Vice President: Central Bank Services & the System Leadership Initiative at Federal Reserve Bank of Chicago; and Manager - Discount Window & Collateral Management at Federal Reserve Bank of Chicago. Katie studied at Booth Executive Education, KELLOGG SCHOOL OF MANAGEMENT between 2003 and 2005, and University of Illinois between 1994 and 1998.

Ellen Bromagen

First Vice President and Chief Operating Officer

Ellen Bromagen was appointed first vice president and chief operating officer of the Federal Reserve Bank of Chicago effective September 1, 2015. Prior to her appointment, she was the executive vice president and product manager of the Federal Reserve System’s Customer Relations and Support Office (CRSO). The CRSO has a strategic leadership role within the Federal Reserve, managing the nation-wide electronic payments and information delivery network ("FedLine"), leading national sales and marketing strategies associated with $0.5 billion in annual revenue and providing customer set-up and support for over 100,000 users.

Bromagen joined the Federal Reserve Bank of Chicago in 1990 and has held a variety of management positions during her time at the bank. Bromagen was promoted to assistant vice president-accounting in 1998. She joined the CRSO in 2003 was promoted to vice president in 2004 with the responsibility for financial planning and revenue management. In 2006, Bromagen assumed responsibility for FedLine® Program Management and was promoted to senior vice president in 2008. In 2012 she was promoted to executive vice president and product manager of the CRSO.

Bromagen holds a bachelors of science degree from the University of Wisconsin and a masters degree from DePaul University.

Frederick C. Martin

Senior Vice President, Administrative Services & Chief Financial Officer

With over 25 years of experience in numerous areas of the Bank, Fred began serving as Senior Vice President of Finance and Chief Financial Officer for the Federal Reserve Bank of Chicago in 2019. In this role he has oversight of Corporate Accounting, Financial Management, Procurement, Payment Services, and the Central Business Administration Function for Financial Planning & Analysis. In 2020, Fred's responsibilities expanded to include oversight of District Administrative Services. He is also a member of the district’s Executive Committee and the Federal Reserve System’s Advisory Group on Financial Management (AGFM).

Prior to his current position, Fred held the role of Vice President of Finance, Analytics & Strategy for the Customer Relations Support Office (CRSO) where his responsibilities included leadership of business analytics and strategy for the CRSO’s FedLine, National Sales & Marketing, and Industry Relations business functions, in addition to multi-year planning and forecasting of the annual expense budget. Fred was also a member of the Financial Management Leadership Team, a collaborative System workgroup advancing strategies in support of Federal Reserve Financial Services.

While in the CRSO, Fred also served as Co-Chair of the Chicago District Leadership Council which provides oversight on operations, safety and district performance for the Bank. In addition, Fred served as the Chicago District Equal Employment Opportunity Officer. In this capacity he acted as an independent resource for employees in addressing concerns of harassment or discrimination. In collaboration with the Office of Diversity & Inclusion, Fred also provided strategic guidance on Diversity & Inclusion initiatives.

Fred’s experience at the Bank reflects increasing responsibilities in a broad range of Federal Reserve business areas including Financial Planning & Analysis, Check Administration, Business Development, Facilities Operations, Law Enforcement, Hospitality Services, Strategic Planning & Support, Business Continuity, and Sales Operation & Analytics.

Fred earned his B.S in Economics from Eastern Michigan University and holds an MBA from the University of Detroit-Mercy.

Kathryn Medina

Senior Vice President, People & Culture, Chief Human Resources Officer

Kathryn Medina is senior vice president of People & Culture and chief human resources officer at the Chicago Fed. As senior vice president and chief human resources officer, she has oversight of human resources, diversity and inclusion and internal communications. She is also a member of the Executive Committee.

Medina joined the Chicago Fed in 2016 as a vice president of talent management. In that role she managed the areas of talent acquisition, leadership and organizational development, compensation and employee relations. She was promoted to vice president of human resources in 2017, overseeing the additional functions of HR operations and people analytics.

Medina holds a B.S. in business administration and a master of education in global human resource development from the University of Illinois at Urbana-Champaign. She also earned a Lean Six Sigma certificate from Villanova University. Medina has been a certified senior professional in human resources since 2006, and has earned both HR industry distinctions - SPHR and SHRM-SCP.

Randall Hampton

Chief

Randall Hampton's LinkedIn

Randall Hampton is a Chief at Federal Reserve Bank of Chicago.

Sandy Baruah

Board Member

Shaun Avritt

Chief Engineer

Shaun Avritt's LinkedIn

Experienced Chief Engineer with a demonstrated history of working in the real estate industry. Strong engineering professional skilled in Negotiation, Plumbing, Operations Management, Critical Environments, and Facility Management (FM).

Terry Mazany

Board Member

Valerie van Meter

CFO

Valerie Van Meter is a CFO at Federal Reserve Bank of Chicago and is based in Chicago, Illinois.

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Federal Reserve Bank Services board members

Name & TitleBio
Sandy Baruah

Board Member

Terry Mazany

Board Member

Federal Reserve Bank Services leadership demographics

Federal Reserve Bank Services gender distribution in management team

  • The Federal Reserve Bank Services executive team is 50% female and 50% male.
  • Federal Reserve Bank Services is 47% female and 53% male company-wide.
Male
Male
50%
Company-wide: 53%
Female
Female
50%
Company-wide: 47%

Federal Reserve Bank Services executives by race

Management Team:
  • The most common ethnicity among Federal Reserve Bank Services executive officers is White.
  • 68% of the management team is White.
  • 18% of Federal Reserve Bank Services's management is Hispanic or Latino.
  • 10% of the management team is Black or African American.
Company-wide:
  • White is the most common ethnicity company-wide.
  • 63% of employees are White.
  • 12% of employees are Hispanic or Latino.
  • 11% of employees are Black or African American.
  • Management team
  • General
100%
80%
60%
40%
20%
0%
Unknown
White
Black or African American
Asian
Hispanic or Latino

Federal Reserve Bank Services jobs nearby

Federal Reserve Bank Services executives FAQs

Zippia gives an in-depth look into the details of Federal Reserve Bank Services, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve Bank Services. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve Bank Services. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Federal Reserve Bank Services. The data presented on this page does not represent the view of Federal Reserve Bank Services and its employees or that of Zippia.

Federal Reserve Bank Services may also be known as or be related to Federal Reserve Bank, Federal Reserve Bank Services and Federal Reserve Bank of Chicago.