Adena T. Friedman Reelected as a Class B Director to New York Fed Board of Directors

NEW YORK, NY (December 23, 2022) — The Federal Reserve Bank of New York announced that Adena T. Friedman, president and chief executive officer of Nasdaq Inc., has been reelected as a Class B director representing Group 2, which consists of banks with capital and surplus of $40 million to $2 billion. Ms. Friedman will serve a three-year term ending December 31, 2025.

Prior to being named CEO of Nasdaq, Inc., Ms. Friedman served as president and chief operating officer throughout 2016 and was responsible for overseeing all of the company’s business segments with a focus on driving efficiency, product development, growth and expansion. Ms. Friedman has served as a member of the Board of Directors of CLTGlobal, a non-profit organization that researches tools to encourage long-term investing, and the Vanderbilt University Board of Trust since 2020. Ms. Friedman was elected to the Board of the Federal Reserve Bank of New York (New York Fed) in December 2018.

Ms. Friedman earned a Bachelor of Arts degree in political science from Williams College in Massachusetts and a Master of Business Administration from Vanderbilt University’s Owen Graduate School of Management.

About Federal Reserve Bank of New York

The Federal Reserve Bank of New York is one of 12 regional Reserve Banks which, together with the Board of Governors in Washington, D.C., the Federal Open Market Committee (FOMC), the Federal Advisory Council, the Consumer Advisory Council, and the member banks, compose the Federal Reserve System. As the U.S. central bank, the Federal Reserve is responsible for formulating and executing monetary policy, supervising and regulating depository institutions, ensuring the smooth flow of payments, and providing banking services to the U.S. government and depository institutions.


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