The Federal Reserve Bank of Richmond has promoted Dennis McDonald as vice president of the regional law enforcement division, which is based in Richmond. As of the April 1, 2009, McDonald oversees a professional staff engaged in security and law enforcement operations for the Richmond Office, as well as the branch officers in Charlotte, N.C., and Baltimore, Md. His scope of responsibilities includes management and training and counsel for Bank leadership.
"The expanded responsibilities come at a time when the Fed's role in the economy and the nation's financial well-being is so important," said McDonald. "While the role is personally and professionally satisfying, the Bank's security efforts are as challenging and critical as ever."
McDonald's leadership role, according to Senior Vice President Janice Clatterbuck., is important to ensuring coordinated strength in protecting the Bank's employees, facilities and operations associated with its work on behalf of America's economy. "Dennis' prior experiences, along with his demonstrated management skills make him a perfect fit for this position," Clatterbuck said "He is respected by his employees as well as management District-wide."
McDonald joined the Richmond Fed in 2004 after retiring from Chesterfield County's Police Department. His 28-year career included a series of promotions that took him from patrol officer to lieutenant colonel. During that time, he founded the county's Hostage Negotiation Team, helped develop a number of special training programs and oversaw various large-scale law enforcement operations.
McDonald and his wife Joanne have two grown children.
For more information about the Richmond Fed, see http://richmondfed.org/.
Photo of Dennis McDonald (Print Quality)
The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.
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