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The Federal Reserve Bank of New York announced that John C. Williams has been named its president and chief executive officer. Mr. Williams currently serves as the president and chief executive officer of the Federal Reserve Bank of San Francisco, a position he has held since 2011. Mr. Williams joined the Federal Reserve Bank of San Francisco in 2002, and prior to his appointment as president, served as executive vice president and director of research. Mr. Williams has also served as a senior economist at the White House Council of Economic Advisers. Mr. Williams will begin as president and chief executive officer on June 18, 2018, succeeding current president William C. Dudley, who is retiring.