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May 17, 2011

Richmond Fed Announces Officer Appointments

The Federal Reserve Bank of Richmond announces the following officer appointments:

John Insley was promoted to the position of assistant vice president in the Bank’s Supervision, Regulation and Credit department, with responsibility for consumer compliance and complaints, effective May 16, 2011.

Insley joined the Richmond Fed in 1984, working in the consumer affairs unit. He is a graduate of the University of Maryland and the ABA Stonier Graduate School of Banking.

Christy Cleare was hired as an assistant vice president in the Supervision, Regulation and Credit department, effective May 9, 2011. She has responsibility for credit risk management for the discount window, financial institution condition monitoring and payment system risk activities.

Cleare joins the Richmond Fed from the Federal Home Mortgage Corporation, where she was a senior director. She previously worked for the Federal Reserve Bank of Atlanta, the Federal Home Loan Bank of Atlanta and Silverton Bank.

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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