Jim Lyon is first vice president and chief operating officer of the Federal Reserve Bank of Minneapolis, a position he has held since 2000. In this role, he is responsible for all operational facets of the Bank’s activities and for backup to the president in the execution of his monetary policy responsibilities.
Jim is chair of the Committee on Plan Administration, which is the plan fiduciary for the Federal Reserve’s Retirement and Thrift Plans. He is a member and former chairman of the Conference of First Vice Presidents. In this capacity he is involved, along with the chief operating officers of the other eleven Reserve Banks, in various projects and initiatives to enhance the efficiency and effectiveness of the Federal Reserve’s System-wide operations.
Jim joined the Federal Reserve Bank of Minneapolis in 1977 as a staff attorney. He is a graduate of Lawrence University in Appleton, Wisconsin, and the University of Minnesota Law School in Minneapolis, Minnesota.