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Last Updated: 01/19/10

News Release

New Assistant Vice President Announced in Chicago Fed’s Finance Department

CHICAGO — The Federal Reserve Bank of Chicago’s Finance Department announced a new assistant vice president.


Bob Acamovic, 48, has been promoted to assistant vice president in the central business administrative area.  His new duties will include the oversight and reporting of key financial expense and revenue data. He will continue to oversee the Federal Reserve System’s financial accounting product suite.   

Acamovic has a bachelor's degree in Finance and Marketing from DePaul University in Chicago and a Master's Degree of Business Administration in Finance from Loyola University in Chicago.  He lives with his family in Brookfield, Illinois. 



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 all 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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