An Indian-origin veteran of the financial services industry has been appointed as the first vice president and chief operating officer of the Federal Reserve Bank of New York. Naureen Hassan has been appointed by the board of directors of the Federal Reserve Bank of New York as the first vice president and chief operating officer. Hassan, whose parents had immigrated from India, is a 25-year veteran of the financial services industry with expertise in strategy, digital transformation, cyber security, and regulatory/risk management. She was the Chief Digital Officer for Morgan Stanley Wealth Management. Before that, she was at Charles Schwab Corporation beginning as a vice president of corporate strategy and ending her tenure as executive vice president of investor services, segments and platforms. She has a BA from Princeton University and a Master of Business Administration from the Stanford University Graduate School of Business.