William C. Dudley served as 10th president and chief executive officer of the Federal Reserve Bank of
New York and as the vice chairman and a permanent member of the Federal Open Market Committee
(FOMC), the group responsible for determining the nation’s monetary policy, from January 2009 until
Federal Reserve Bank of New York
Previously, Dudley served as executive vice president of the Markets Group at the New York Fed and served as the System Open Market Account Manager for the FOMC. The Markets Group oversees domestic open market and foreign exchange trading operations and the provisions of account services to foreign central banks and serves as the Fed’s primary eyes and ears on financial markets.
Prior to joining the Bank in 2007, Dudley was a partner and managing director at Goldman, Sachs & Company and was the firm's chief U.S. economist for a decade. Before joining Goldman Sachs in 1986, he was a vice president at the former Morgan Guaranty Trust Company. Dudley was an economist at the Federal Reserve Board from 1981 to 1983.
Dudley received his doctorate in economics from the University of California, Berkeley in 1982, and a bachelor's degree from New College of Florida in 1974.
Dudley was chairman of the Committee on the Global Financial System of the Bank for International Settlements (BIS) for six years from 2012 and served as chairman of the former Committee on Payment and Settlement Systems of the BIS from 2009 to 2012. He was a member of the board of directors of the BIS from 2009 to 2018.
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