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Federal Reserve Appoints COO

The Federal Reserve Board has named Richard Anderson as director of the management division and COO.

The Federal Reserve Board has named Richard Anderson as director of the management division and COO, Bloomberg reports. In his new role, he will focus on the management division, the division of information technology, and the Office of Staff Director.

Anderson has replaced Fay Peters, who left the Federal Reserve system. Previously, Anderson has served at Bell South andas executive director of the Georgia Regional Transportation Authority.

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