Federal Reserve Bank of Richmond

05/03/2024 | Press release | Distributed by Public on 05/03/2024 06:28

Richmond Fed Announces Officer Appointments

May 3, 2024

Richmond Fed Announces Officer Appointments

The Federal Reserve Bank of Richmond announces the following appointments:

Chris Andrews has been promoted to vice president of Audit with responsibility for comprehensive audit coverage of various Richmond Fed operations. He joined the Richmond Fed in 1993 as a bank examiner and moved to the Audit department, where he held management roles prior to being promoted to assistant vice president in 2020.

Andrews earned a bachelor's degree in accounting from Virginia Commonwealth University.

David McClenney has been promoted to vice president of Audit. He joined the Richmond Fed in 2011 and has served in management roles in the Audit department and in the Fed's National IT organization. He was promoted to assistant vice president in 2020.

McClenney worked previously for the Virginia Department of Alcoholic Beverage Control. He earned a bachelor's degree in accounting and accounting information systems from Virginia Tech and a master's degree in information systems from Virginia Commonwealth University.

Jerrell Saunders has been named assistant vice president in Corporate Accounting, leading the department's financial accounting and reporting team.

Saunders is joining the bank from Corning, Inc., and previously worked for Altria. He earned a bachelor's degree in accounting from Norfolk State University and an MBA from the University of Richmond.

Chase Rockey has been named assistant vice president in Federal Reserve Financial Services with responsibility for a team supporting several Federal Reserve System initiatives.

Rockey joined the Richmond Fed in 2015 as a financial analyst and has held management roles since 2020. Previously he was an audit manager at RSM.

Rockey earned bachelor's and master's degrees in accounting from James Madison University.

As part of our nation's central bank, the Richmond Fed is one of 12 regional Reserve Banks working together with the Board of Governors to support a healthy economy and deliver on our mission to foster economic stability and strength. We connect with community and business leaders across the Fifth Federal Reserve District - including the Carolinas, District of Columbia, Maryland, Virginia, and most of West Virginia - to monitor economic conditions, address issues facing our communities, and share this information with monetary and financial policymakers. We also work with banks to ensure they are operating safely and soundly, supply financial institutions with currency that's fit for distribution, and provide a safe and efficient way to transfer funds through our nation's payments system.

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