IBM chairman and chief executive officer Arvind Krishna has been elected to the board of directors of the Federal Reserve Bank of New York.
The Federal Reserve Bank of New York announced that Krishna has been elected as a Class B director, “representing the public with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labour, and consumers”.
Arvind Krishna is an Indian-American business executive serving as the Chairman and CEO of IBM. He has been the CEO of IBM since April 2020 and took on the role of Chairman in January 2021. He began his career at IBM in 1990, at IBM’s Thomas J. Watson Research Center, and was promoted to Senior Vice President in 2015, managing IBM Cloud & Cognitive Software and IBM Research divisions. He was a principal architect of the acquisition of Red Hat, the largest acquisition in the company’s history.