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Last Updated: 01/08/07

News Release

Chicago Fed Announces New Vice President

CHICAGO - The Federal Reserve Bank of Chicago has promoted Pam Rieger to vice president in charge of strategy and workforce practices in the Supervision & Regulation Department. In that role, she will oversee business strategy and communication as well as employee programs and development. She previously served in the bank's People Practices Department as an assistant vice president in charge of organizational development and talent management. The promotion was effective January 1.

Rieger, 49, graduated with a bachelor's degree in finance from Illinois State University in Normal and a master's degree in finance from The University of Chicago. She lives in Chicago.

Background about the Federal Reserve Bank of Chicago

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.

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