The board of directors of the Federal Reserve Bank of Minneapolis has appointed Abigail Wozniak as vice president of the Opportunity & Inclusive Growth Institute in the Research Division, and Tavis Morello as assistant vice president in the Legal Division. Both appointments were effective August 1.

In recognition of her leadership at the Minneapolis Fed and in the Federal Reserve System, Abigail Wozniak has been named vice president of the Opportunity & Inclusive Growth Institute. Wozniak has served as the director of the Institute since 2019. In that role, she has provided outstanding thought leadership for, and management of, the Institute’s research, programming, academic partners, and staff.

Wozniak is a labor economist and previously served as a White House advisor and an economics faculty member at the University of Notre Dame. She has a B.A. from the University of Chicago and a Ph.D. from Harvard University.

Tavis Morello has been promoted to assistant vice president in the Legal Division. He joined the Bank in March 2020 as a senior attorney and was promoted to senior counsel in 2021. During his tenure, Morello has contributed to several key areas and initiatives, including examining contracts for priority projects, providing counsel to collaborators across Bank departments, and supporting the Paycheck Protection Program Liquidity Facility.

Prior to joining the Bank, Morello worked for a large Boston law firm, followed by managing roles in the legal divisions of United Natural Foods/Supervalu and Imation/GlassBridge Enterprises. He has a B.A. from the University of Pennsylvania, a B.S. from the Wharton School of Business, and a J.D. from Boston College. He will report to John Yanish, vice president of the Legal Division.

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.