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Press Release

Cleveland Fed Announces Officer Appointments

The Federal Reserve Bank of Cleveland announces the following officer appointments:

Lisa Nelson has been promoted to assistant vice president in the Community Development Department. In her new role, Nelson will continue to oversee the development and execution of the department’s research initiatives and to coordinate with the community development outreach team to gain community insights and to make contributions to the Federal Reserve’s Beige Book, a summary of anecdotal information on current economic conditions in each Federal Reserve District. Nelson joined the Bank in 2006 from the Center on Urban Poverty and Social Change at Case Western Reserve University. Her areas of research include affordable housing, vacancy, and abandonment, and she has authored numerous publications on a range of issues impacting low- and moderate-income communities. Nelson holds a bachelor’s degree in political science from the University of Tennessee and a master’s degree in public administration from the Maxine Goodman Levin School of Urban Affairs at Cleveland State University.

Ann Marie Wiersch has been promoted to principal and senior community development policy advisor. In her new role, Wiersch will continue to advise leaders in community development and across the Federal Reserve on matters of small-business credit and fintech lending. Wiersch joined the Bank in 1999, making significant contributions in the areas of small business, access to credit, and online lending. In 2022, Wiersch was honored with the Federal Reserve System’s Janet L. Yellen Award for Excellence in Community Development for her leadership in designing and implementing the Federal Reserve System’s Small Business Credit Survey. She holds a bachelor’s degree in business administration from Bowling Green State University and a master’s degree in business administration from Cleveland State University.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.218.1892