Skip to main content
Mar 02, 2017

Fed secretary to retire this month

Ann Misback will become secretary to the central bank’s board on April 2

Ann Misback

Ann Misback

The Federal Reserve Board is promoting Ann Misback to become its next secretary.

Misback will take up the new role on April 2 this year. She will succeed Robert Frierson, who has served as secretary since July 2012 and held the position of deputy secretary from 2001 to 2012. Frierson is retiring after a 30-year career with the board that began in 1987 as an attorney in its legal division, according to the central bank.

The Fed’s office of the secretary supports the board by providing essential corporate secretary services, such as the planning and execution of board meetings. It also provides related support services, including records management, to board members, the staff of the board and Federal Reserve System, and the public.

The board members at present are chair Janet Yellen, vice chair Stanley Fischer, vice chair Daniel Tarullo, Jerome Powell and Lael Brainard.

Misback joined the board in 1992 as a senior attorney in the legal division’s international section, and was appointed to the official staff in 2000. From 2013 to the present, she has served as associate director of the board’s division of supervision and regulation. 

Ben Maiden

Ben Maiden is the editor-at-large of Governance Intelligence, an IR Media publication, having joined the company in December 2016. He is based in New York. Ben was previously managing editor of Compliance Reporter, covering regulatory and compliance...