Stephen J. Ong |
Vice President, Supervision and Regulation
Stephen Ong is a vice president in the Banking Supervision and Regulation Department at the Federal Reserve Bank of Cleveland responsible for risk supervision and policy development.
Mr. Ong joined the Bank in 1988 as a bank examiner and later transferred to the Bank’s Cincinnati Branch to serve as regional director of the examination function. He returned to Cleveland in 1996 when he was promoted to assistant vice president in charge of the specialty areas of examination, including consumer compliance, information systems, and fiduciary and securities activities. In 1998, Mr. Ong was appointed corporate secretary and assumed responsibility for the Bank’s Corporate Communications and Community Affairs Department. From 1997 to 2000, he was assistant secretary, and then secretary, of the Conference of Presidents of the Federal Reserve System, a group of presidents from each of the Reserve Banks that meets periodically to discuss matters of common interest and to consult with and advise the system’s Board of Governors.
Mr. Ong currently serves as chairman of the board of trustees of the Center for Community Solutions, a nonprofit organization focused on health and human services issues in the Greater Cleveland area. He is also treasurer and a member of the board of trustees of the Cleveland Council on World Affairs and an advisor to MotivAsians for Cleveland, a nonprofit organization focused on providing opportunities for community involvement and leadership development for Asian-American professionals.
A native of Barberton, Ohio, Mr. Ong holds a bachelor’s degree in business administration from the University of Akron.