Citizens Financial Group announced the appointment of Christine M. Cumming to its board of directors effective October 1, 2015. She most recently served as first vice president and chief operating officer for the Federal Reserve Bank of New York. Cumming’s appointment expands the Citizens board from 12 to 13 directors. She will serve on the Board Risk Committee.

“We are pleased to welcome Christine to the Citizens board following her distinguished career at the Federal Reserve Bank of New York,” said Bruce Van Saun, Citizens chairman and chief executive officer. “Christine has a broad background in risk management, payments, technology, monetary policy and bank supervision. She brings a valuable perspective and we look forward to having the benefit of her counsel.”

When she retired from the Federal Reserve Bank of New York in June 2015, Cumming was its second-highest ranking officer, a member of the Management Committee and an alternate voting member of the Federal Open Market Committee. She worked at the New York Fed for more than 35 years, most recently leading the development of a comprehensive risk management program, the implementation of the Fedwire modernization program and the establishment of the Office of Diversity and Inclusion. Cumming also co-led the development of the information technology governance model for the broader Federal Reserve System and played an instrumental role in developing the Fed’s system-wide operational risk program. Prior to assuming the role of First Vice President in 2004, she served as executive vice president of Research, as senior vice president leading the Bank Analysis, Advisory and Technical Services functions within Bank Supervision and as an economist.

Cumming is a member of the Council on Foreign Relations, an advisory board member for Neighborhood Housing Services NYC, and board of trustees member for the Economic Club of Minnesota.