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April 6, 2021

Richmond Fed Announces Officer Appointment

The Federal Reserve Bank of Richmond announces the following appointment:

Rajendra Zaparde has been appointed as assistant vice president of Information Technology Services, Solutions Delivery, leading a team in the design, development and release of application systems as requested by national lines of business and U.S. government agencies.

Zaparde joined the Richmond Fed in 2019 as a senior manager in IT application development. He previously worked for Lockheed Martin and Capital One and earned a bachelor’s degree in computer engineering from Bombay University in India.

The appointment was effective April 1.


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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