New York Fed names Kartik Athreya as Director of Research and Head of the Research & Statistics Group
NEW YORK, NY (November 15, 2023) — The Federal Reserve Bank of New York today announced that Kartik B. Athreya has been named director of research and head of the Research & Statistics Group. In this role, he will also be a member of the Bank’s Executive Committee. Athreya will join the New York Fed in February 2024.
Athreya is currently executive vice president and director of research at the Federal Reserve Bank of Richmond. Under his leadership, the research group successfully launched numerous initiatives unique to the District, including the Center for Advancing Women in Economics. As a member of the senior leadership team, he also advises the Bank’s president on matters related to monetary policy, banking, and financial markets.
“Kartik is a highly regarded economist in the fields of macroeconomics and household finance, as well as an inspiring leader,” said John C. Williams, president and chief executive officer of the New York Fed. “In his time as director of research at the Richmond Fed, he navigated the department through significant changes, particularly through the pandemic, while overseeing the Bank’s economic research, regional analysis, and community outreach efforts. We were impressed with his proven track record of bringing a collaborative and inclusive approach to leadership, both within his department and across the Bank.”
“After over two decades at the Richmond Fed, I am looking forward to using my experience and knowledge to help drive the innovative research and important policy analysis conducted by the New York Fed’s Research & Statistics Group,” said Athreya. “By continuing to engage in groundbreaking research and analysis, we can further support the Federal Reserve System in understanding the economy, addressing economic challenges, and guiding the formulation of monetary policy.”
For more information on Athreya’s background, please see his bio.
About New York Fed
The New York Fed oversees the Second Federal Reserve District, which includes New York State, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico and the U.S. Virgin Islands. Though it serves a geographically small area compared with those of other Federal Reserve Banks, the New York Fed is the largest Reserve Bank in terms of assets and volume of activity. The New York Fed has several unique responsibilities as part of the Federal Reserve System, including conducting open market operations to execute monetary policy on behalf of the FOMC, acting as the fiscal agent of the U.S. Treasury, operating Fedwire, and providing banking and clearing services to foreign central banks, governments and international agencies.