Jumana Schmuhl has been appointed as a vice president at the Federal Reserve Bank of Minneapolis, where she will be responsible for the Data Privacy Office, Records and Information Management, and the Federal Reserve System’s Privacy Program. She will report to Senior Vice President and General Counsel LuAnne Kinney Pederson.
Schmuhl comes to the Minneapolis Fed from U.S. Bank, where she most recently managed the transition of the bank’s benchmark interest rate. Prior to working at U.S. Bank, Schmuhl also held leadership positions at investment firms and worked at the World Bank Group designing program strategy for its $500 million global trade and supply finance portfolio.
Schmuhl holds a bachelor’s degree in economics and politics from Brandeis University and a master’s degree in international development from Harvard.
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.