Sushmita Shukla appointed First Vice President, Chief Operating Officer of Federal Reserve Bank of New York

New York: Sushmita Shukla, an Indian-origin veteran of the insurance industry, has been appointed as First Vice President and Chief Operating Officer at the Federal Reserve Bank of New York, making her the second-ranking officer at the prominent institution.

The appointment was approved by the Board of



Governors of the Federal Reserve System, the New York Fed said in a statement Thursday.

Shukla, 54, has been 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.