Fed’s second biggest post is also occupied by an Indian, know who is the new first VP Sushmita Shukla

Indian-origin Sushmita Shukla has been appointed as the second highest official of the Federal Reserve Bank of New York. She will hold this post from March 2023

Who is Fed’s new first VP Sushmita Shukla

Image Credit source: Fed NY Tweet

Another powerful post in the world has come to a person of Indian origin. Indian-origin Sushmita Shukla has been appointed as the First Vice President and Chief Operating Officer of the Federal Reserve Bank of New York. In this way, she has now become the second highest officer of this prestigious central bank. The New York-based central bank said in a statement that Shukla’s appointment has been approved by the Board of Directors of the Federal Reserve System. Shukla (54) has been appointed by the Board of Directors of the Federal Reserve Bank of New York as the First Vice President and Chief Operating Officer with effect from March 2023.

Shukla said in a statement that she was honored. I will draw on my entire experience to support the dedicated leadership of this important institution and advance its important activities, she added.

Who is Sushmita Shukla

Central Bank President John Williams said that Shukla is full of energy, inspirational and very effective who brings her long experience to the bank. Williams said that Shukla has a deep knowledge of technology and innovative technology. Shukla’s profile on the central bank’s website states that she has about 20 years of experience in the insurance industry and has held various leadership roles. Sushmita Shukla has held several leadership roles in the insurance sector, according to a bank release. Is. Mainly, he has commanded major changes in operations, technology and companies.

Since the year 2018, she is associated with Chubb, the world’s largest property and casualty insurance company based in New York. She was working on the post of Senior Vice President and COO (International Accident and Health) in the company.

read this also



Prior to this she has worked with GiantBear, Merrill Lynch, Liberty Mutual, The Hartford and Healthfirst. He has an MBA in Finance from New York University and a degree in Electrical and Electronics Engineering from Mumbai University. At present, Sushmita Shukla is living in America with her family.