Sushmita Shukla
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Sushmita Shukla
Sushmita Shukla (born in 1967 or 1968) is an Indian-origin person who has worked for many years in the insurance industry. She has been the First Vice President and COO of the Federal Reserve Bank of New York since March, 2023. She also serves as an alternate voting member of the Federal Open Market Committee. She has an MBA from New York University and a bachelor's degree in electrical engineering from the University of Mumbai. Most recently, Ms. Shukla was Senior Vice President and COO for International Accident & Health at Chubb, the world's largest publicly traded property and casualty insurance company. Previously, Ms. Shukla led an enterprise-wide transformation program at Healthfirst, where she started as Vice President of Enterprise Business Solutions in 2016 and then served as interim Senior Vice President of Enterprise Transformation in 2017. Prior to that, Ms. Shukla spent 10 years at The Hartford. Ms. Shukla has also held positions at Liberty Mutual, Merrill Lynch ...
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Federal Reserve Bank Of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the New York (state), State of New York, the 12 northern counties of New Jersey, Fairfield County, Connecticut, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Located at Federal Reserve Bank of New York Building, 33 Liberty Street in Lower Manhattan, it is the largest (by assets), the most active (by volume), and the most influential of the Reserve Banks. The Federal Reserve Bank of New York is uniquely responsible for implementing monetary policy on behalf of the Federal Open Market Committee and acts as the market agent of the entire Federal Reserve System (as it houses the Open Market Trading Desk and manages System Open Market Account). It is also the sole fiscal agent of the U.S. Department of the Treasury, the bearer of the Treasury's General Account, and the ...
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Federal Open Market Committee
The Federal Open Market Committee (FOMC) is a committee within the Federal Reserve System (the Fed) that is charged under United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of United States Treasury securities). This Federal Reserve committee makes key decisions about interest rates and the growth of the United States money supply. Under the terms of the original Federal Reserve Act, each of the Federal Reserve banks were authorized to buy and sell in the open market bonds and short term obligations of the United States Government, bank acceptances, cable transfers, and bills of exchange. Hence, the reserve banks were at times bidding against each other in the open market. In 1922, an informal committee was established to execute purchases and sales. The Banking Act of 1933 formed an official FOMC. The FOMC is the principal organ of United States national monetary policy. The Committee sets monetary policy by specifying ...
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New York University
New York University (NYU) is a private university, private research university in New York City, New York, United States. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by Albert Gallatin as a Nondenominational Christianity, non-denominational all-male institution near New York City Hall, City Hall based on a curriculum focused on a secular education. The university moved in 1833 and has maintained its main campus in Greenwich Village surrounding Washington Square Park. Since then, the university has added an engineering school in Brooklyn's MetroTech Center and graduate schools throughout Manhattan. NYU is one of the largest private universities in the United States by enrollment, with a total of 51,848 enrolled students in 2021. It is one of the most applied-to schools in the country and admissions are considered selective. NYU's main campus in New York City is organized into ten undergraduate schools, including the New York University College ...
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University Of Mumbai
University of Mumbai is a public state university in Mumbai. It is one of the largest university systems in the world with over 549,000 students on its campuses and affiliated colleges. , the university had 711 affiliated colleges. It was established in 1857 following a dispatch from Sir Charles Wood, President of the Board of Control, to Governor-General Lord Dalhousie. There are courses available covering science, commerce and the arts. History Wood's despatch, drafted by Sir Wood in 1854, advocated a range of educational reforms in India, including the establishment of universities in major Indian cities. As such, the University of Bombay was established in 1857 after the presentation of a petition from the Bombay Association to the imperial Government of India. The University of Mumbai was modelled on similar universities in the United Kingdom, specifically the University of London. The first departments established were the Faculty of Arts at Elphinstone College in ...
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Chubb (company)
Chubb Limited is an American–Swiss company incorporated in Zürich, and listed on the New York Stock Exchange (NYSE) where it is a component of the S&P 500. Chubb is a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world. Chubb operates in 55 countries and territories and in the Lloyd's insurance market in London. Clients of Chubb consist of multinational corporations and local businesses, individuals, and insurers seeking reinsurance coverage. Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance. In 2018, the group had $174 billion in assets, $30.8 billion of gross written premiums and approximately 31,000 employees. Its core operating insurance companies are rated "AA" (Very Strong) for financial strength by Standard & ...
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The Hartford
The Hartford Insurance Group, Inc., usually known as The Hartford, is an American investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 160th in Fortune 500 in the year of 2020. The company's earnings are divided between property-and- casualty operations, group benefits and mutual funds. The Hartford is the 13th-largest property and casualty insurance company in the United States. It sells products primarily through a network of agents and brokers, and has also been the auto and home insurance writer for AARP members for more than 25 years. History The Hartford was founded in 1810 in Hartford, Connecticut. A group of local merchants gathered in a Hartford inn and, with working capital of $15,000, founded the Hartford Fire Insurance Company. The company survived some of the greatest peacetime tragedies in American history. After a huge fire destroyed New York's financial district in 183 ...
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Liberty Mutual
Liberty Mutual Insurance Company is an American diversified global insurer and the sixth-largest Property insurance, property and Casualty insurance, casualty insurer in the world. It ranks 87th on the Fortune 100, ''Fortune'' 100 list of largest corporations in the United States based on 2024 revenue. Based in Boston, Massachusetts, and featuring the Statue of Liberty on its logo, it employs over 45,000 people in more than 900 locations throughout the world. As of December 31, 2021, Liberty Mutual Insurance had $156.043 billion in consolidated assets, $128.195 billion in consolidated liabilities and $48.2 billion in annual consolidated revenue. The company, founded in 1912, offers a wide range of insurance products and services, including personal Auto insurance, automobile, Homeowners insurance, homeowners, workers' compensation, commercial multiple peril, commercial automobile, General liability insurance, general liability, global specialty, group disability, fire insurance a ...
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Merrill (company)
Merrill Lynch, Pierce, Fenner & Smith Incorporated, doing business as Merrill, and previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place (New York City), Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial advisors and manages $2.8 trillion in client assets ($3.4 trillion for Global Wealth and Investment Management). The company also operates Merrill Edge, a division for investment and related services, including call center counsultancy. Prior to 2009, the company was publicly owned and traded on the New York Stock Exchange. Merrill Lynch & Co. agreed to be acquired by Bank of America on September 14, 2008, at the height of the 2008 f ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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