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Last Updated: 02/07/11

News Release

New Assistant Vice President Announced in Chicago Fed’s Office of Diversity and Inclusion; Promotion in Central Bank Services

CHICAGO - The Federal Reserve Bank of Chicago has hired a new assistant vice president in the  Office of Diversity and Inclusion, and announced a promotion in Central Bank Services division.


Deborah (Deb) Baldwin, 49, joined the Office of Diversity and Inclusion effective January 24 as a new assistant vice president.  She formerly served as a manager with BP's Global Diversity and Inclusion office based in Warrenville, Illinois. 


Baldwin earned an undergraduate degree from Georgia State University.  She lives in Lemont, Illinois.


Kelly Emery, 32, has been promoted to assistant vice president in the Credit Risk Management area in the Central Bank Services division.  She was formerly a credit risk manager. 


Emery earned an undergraduate degree from Kent State University, and an MBA from DePaul University.  She lives in Chicago, Illinois. Her promotion was effective December 16, 2010.


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.

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