Federal Reserve Bank of Chicago Promotions Announced
CHICAGO - The Federal Reserve Bank of Chicago (FRBC) announces seven promotions.
Peg Koenigs has been promoted to chief financial officer. She was formerly general auditor. She retains the title of senior vice president. Koenigs lives in Clarendon Hills, Ill.
Kelly Emery has been promoted to vice president in the Bank's Finance Division. She formerly was an assistant vice president in the Credit Risk Management Department. Emery lives in Chicago, Ill.
Jeff Marcus has been promoted to general auditor. He was formerly corporate controller and senior procurement officer. Marcus retains the title of vice president. He lives in Vernon Hills, Ill.
Corporate Social Responsibility
Craig Marchbanks has been promoted to vice president in charge of corporate social responsibility and deputy director of the Office of Minority and Women Inclusion (OMWI). He formerly was an assistant vice president in the Supervision and Regulation Department. He lives in Chicago, Ill.
Nokihomis Willis has been promoted to vice president in the Human Resources and Internal Communications Department. She was formerly an assistant vice president in the department. She lives in Chicago, Ill.
Supervision and Regulation
Julie Williams has been promoted to senior vice president, Community Bank and Consumer Compliance Division, in the Supervision and Regulation Department. She formerly was a vice president in the department. She lives in Naperville, Ill.
Joe Davidson has been promoted to vice president in the Supervision and Regulation Department. He formerly was an assistant vice president in the department. He lives in La Grange, Ill.
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Federal Reserve Bank of Chicago Background
The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation’s central bank. The Chicago Reserve Bank serves the seventh Federal Reserve District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa. In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District.