CURRENT AFFAIRS

Detailed explanation-1: -The Board of Directors of the Federal Reserve Bank of New York has appointed Sushmita Shukla as first vice president and chief operating officer, effective March 2023.

Detailed explanation-2: -Sushmita Shukla, an Indian-origin insurance sector veteran, has been named First Vice President and Chief Operating Officer at the Federal Reserve Bank of New York, making her the bank’s second-ranking officer.

Detailed explanation-3: -Sushmita Shukla, First Vice President of Federal Reserve Bank, New York: The Board of Directors of Federal Reserve Bank, New York has appointed Sushmita Shukla as their First Vice President and Chief Operating Officer, effective March 2023.

Detailed explanation-4: -Sushmita Shukla lives in Connecticut and has two daughters. (Image: sshukla2/LinkedIn) Indian-origin Sushmita Shukla, a veteran of the insurance industry, has been appointed as the First Vice President and Chief Operating Officer at the Federal Reserve Bank of New York.

Detailed explanation-5: -Incumbent Washington, D.C. The chairman serves a four-year term after being nominated by the President of the United States and confirmed by the United States Senate; the officeholder serves concurrently as member of the Board of Governors.