Kevin J. Stiroh is executive vice president of the Federal Reserve Bank of New York and head of the Supervision Group, which is responsible for supervising, under delegated authority, financial institutions in the Second District subject to Federal Reserve supervision. Mr. Stiroh is also a member of the Bank's Management Committee.
Mr. Stiroh joined the Bank in March 1999 in the Research and Statistics Group and he became a vice president in July 2006. He left the Bank in 2007 and rejoined in November 2008 as a vice president in the Research and Statistics Group, and subsequently held senior positions in the Financial Institution Supervision Group, the Markets Group, and the Integrated Policy Analysis Group.
From 2009 to 2012, Mr. Stiroh ran the Financial Sector Analysis department in the Financial Institution Supervision Group where he played a leadership role in the development and execution of the Supervisory Capital Assessment Program (SCAP) and the Comprehensive Capital Analysis and Review (CCAR) process. Mr. Stiroh then worked in the Markets Group as co-head of the Market Operations, Monitoring, and Analysis (MOMA) Function. While in the Markets Group, Mr. Stiroh oversaw work related to market monitoring, financial stability, and the discount window and participated in international working groups related to macroprudential supervision, collateral usage and the reform of reference interest rates. Mr. Stiroh became head of the Supervision Group in October 2015.
Mr. Stiroh's academic research includes work on productivity and the sources of economic growth, the economic impact of information technology, and the efficiency and behavior of financial institutions. This research has been published in the American Economic Review, Brookings Papers on Economic Activity, Journal of Banking and Finance, Journal of Economic Perspectives, Journal of Money, Credit and Banking, Review of Economics and Statistics and other academic and business publications.
Mr. Stiroh holds a bachelor’s degree from Swarthmore College in economics and psychology, and a master’s degree and doctorate from Harvard University in economics.