New York Fed appoints Krieger to lead new credit risk management group
The Federal Reserve Bank of New York has created a new payments policy and credit risk management group. The bank has appointed Sandra Krieger to lead it, and she will also become a member of the bank’s management committee.
Prior to her new role, Krieger held the positions of head of the payments policy function and chair and administration head of the subcommittee on credit risk management.
Her responsibilities include analysing key payments system issues confronting the bank and Federal Reserve system and developing payments policy positions for the bank. She is also responsible for overseeing payment system risk, discount window and condition monitoring policies and promoting consistency, co-ordination and communication across reserve banks with respect to the provision of short-term liquidity.
See also: Price concerns spark inflation activity
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