01/15/2025 | Press release | Distributed by Public on 01/15/2025 08:52
Alene Tchourumoff has been named chief human resources officer (CHRO) at the Federal Reserve Bank of Minneapolis. In this role, Tchourumoff will oversee the Human Resources and Inclusion Division and the Learning Management Support Office.
Tchourumoff will retain her duties leading Community Development and Engagement (CDE), which includes the Center for Indian Country Development. She joined the Bank as the senior vice president of CDE in 2018, where she has led the department's research and engagement around housing, labor markets, and access to credit with an emphasis on low- and moderate-income communities. In addition to her role leading CDE, she is the current Equal Employment Opportunity officer and supports the Bank's employees as executive sponsor of the ASCEND (Asians Cultivating Excellence, Nurturing Diversity) Employee Resource Network.
"Alene has demonstrated excellence in leading people and complex operations," said Ron Feldman, first vice president and COO. "As CHRO, Alene will ensure operational excellence in advancing our teams in Minneapolis, in Helena, and in efforts that support the Federal Reserve System overall."
Prior to joining the Bank, Tchourumoff served as chair of the Metropolitan Council, where she focused on building strong partnerships with local governments and community groups to advance transit, housing, and other critical infrastructure within the Twin Cities metro region. She has also held leadership roles in the executive branch of the State of Minnesota and Hennepin County.
Tchourumoff has a bachelor's degree in business administration from George Washington University and a master's degree in public policy from Harvard University.
The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation's central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.