The board of directors of the Federal Reserve Bank of Minneapolis has appointed Rishi Kapoor vice president of Information Technology and Jorge Lomeli vice president of Financial Management and chief financial officer.
As vice president of Information Technology, Rishi Kapoor oversees customer services and adoption of innovative technology practices and processes for the Bank and Federal Reserve System. Kapoor joined the Minneapolis Fed in 2019 as assistant vice president over Service Design and Delivery in Information Technology.
Prior to joining the Bank, Kapoor worked for Ameriprise Financial as senior director of technology infrastructure. He has a B.S. in electrical engineering from the University of Alberta. Kapoor reports to Anjali Ghandi, senior vice president of Technology and Risk.
As CFO, Jorge Lomeli oversees the Bank’s Financial Management Group, which is responsible for financial and managerial accounting, financial planning and analysis, accounts payable, and procurement. Lomeli joined the Minneapolis Fed in 2017 as assistant vice president in Treasury Services.
Prior to joining the Bank, Lomeli spent more than 20 years in operations leadership—mostly focused in the health care industry. He holds a B.S. from the College of Business Administration at the University of Illinois-Chicago. Lomeli reports to Ron Feldman, first vice president and chief operating officer.
The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.