The Federal Reserve Bank of Philadelphia has announced the appointment of Anna Paulson as its new president and CEO, effective July 1. She succeeds Patrick T. Harker, whose 10-year tenure will conclude on June 30, as per Federal Reserve mandatory age and length-of-service policies.
Paulson is currently executive vice president and director of research at the Federal Reserve Bank of Chicago. Paulson joined the Chicago Fed as an economist in 2001 after serving as an assistant professor of finance at the Kellogg School of Management at Northwestern University, and prior to that she was a postdoctoral fellow at Princeton University. Paulsen is a past board member of the Western Economic Association International and the American Economic Association’s Committee on the Status of Women in the Economics Profession.
“Anna Paulson’s economics and monetary policy expertise, as well as her leadership at the Chicago Fed and throughout the Federal Reserve System, make her the ideal person to serve as president of the Federal Reserve Bank of Philadelphia,” said Anthony Ibargüen, chairman of the Philadelphia Fed board of directors. “For two decades, Anna has demonstrated a strong commitment to the Federal Reserve’s dual mandate of price stability and maximum employment. Her expansive technical expertise and mission-driven focus will be a tremendous asset to the Philadelphia Fed and the communities it serves.”
