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Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Division of Financial Stability

Board of Governors of the Federal Reserve System

June 1, 2025

Director, Andreas W. Lehnert

84

Deputy Director, Vacant

Senior Associate Director, Namirembe Mukasa

Deputy Associate Director, Alfonso Ventoso

External Engagement
Policy Planning and Coordination

Senior Adviser, Adele Morris

Senior Associate Director, Vacant

Deputy Associate Director, Seung Lee

Financial Stability Research, Data, and Technology Analysis

Assistant Director, Fang Cai

Financial Stability Assessment

Associate Director, Skander Van den Heuvel

Deputy Associate Director, David Arseneau

Macroprudential Policy Analysis¹
Adviser, Andrew Cohen

Assistant Director, Jose Berrospide

Financial Institution Risk Evaluation²

Senior Associate Director, William Bassett

Senior Adviser³, Todd Vermilyea

Deputy Associate Director, Ceyhun “Bora” Durdu

Financial and Macroeconomic, Stability Studies

Assistant Director, Jacque Hightower

Administration

1. Macroprudential Policy Analysis reports to David Arseneau to Skander Van den Heuvel to the Vacant Senior Associate Director. Return to text.

2. Financial Institution Risk Evaluation reports to Jose Berrospide to Skander Van den Heuvel to William Bassett. Return to text.

3. This position is temporary and does not count against the division position and officer count. Return to text.

Official Format

Last Update: June 02, 2025