For immediate release

Contact: Joey Lee, Media Relations Representative, 215-574-3840

Philadelphia — The Federal Reserve Bank of Philadelphia has named Elizabeth (Eli) R. Reilly as senior vice president and chief financial officer. In this role, Reilly will have oversight responsibility for Financial Management Services, including general ledger, accounts payable, payroll, travel administration, and procurement. In addition, she will oversee the Bank’s planning and budget process as well as the business resumption, internal control over financial reporting, and enterprise risk management functions. Reilly will report to James D. Narron, first vice president and chief operating officer.

“Eli brings tremendous experience as an accomplished financial executive and has a proven track record of success with more than 17 years of experience in government agencies,” said Narron. “We are excited to welcome Eli as our new chief financial officer, and we look forward to her leadership in the Bank.”

Reilly previously worked at the Consumer Financial Protection Bureau (CFPB), where she had been chief financial officer since 2016. Prior to joining the CFPB, she worked at the Office of Management and Budget, rising to the role of acting chief of the Treasury Branch and chief of the Financial Rescue Unit. Earlier in her career, she held positions at Tufts University and worked in Guinea, West Africa, for the U.S. Department of State and as a Peace Corps volunteer.

Reilly has an M.A. in law and diplomacy from Tufts University, with concentrations in international business, finance, and economics, and a bachelor’s degree in philosophy from Wesleyan University.