Pamela Chase Dyson to step down as New York Fed CIO

The Federal Reserve Bank of New York today announced that Pamela Chase Dyson will step down from her position as the Chief Information Officer (CIO) in December 2023. Sushmita Shukla will take over the role on an interim basis. During her tenure, which began in 2018, Dyson played a pivotal role in shaping the technology strategy at both the New York Fed and across the broader Federal Reserve System.

Dyson’s contributions include spearheading strategic planning and governance, as well as guiding the Technology Group through significant transitions like the shift to remote work during the pandemic. Her leadership was instrumental in delivering critical technology services and establishing a vision for technological advancement within the Federal Reserve.

John C. Williams, CEO of the New York Fed, commended Dyson’s bold approach to technology strategy and her impact on the institution. As a key member of the Executive Committee, her influence extended beyond technology to include various aspects of the Second District Community’s operations.

The bank is actively preparing to search for Dyson’s replacement, aiming to build upon the solid foundation she has established during her time as CIO. With Shukla stepping into the interim role, continuity in leadership is expected during this transition period.

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