Meanwhile, Denise Scott, Executive Vice President of the Local Initiatives Support Corporation (LISC) and chair of the New York Fed’s Board of Directors, said that “Naureen’s leadership experience and operational expertise are fully aligned with what the search committee and I envisioned for this role”. According to the statement, Hassan has previously served in various capacities in the financial services industry, focusing primarily on digital and business process transformation. For the past four years, she was Chief Digital Officer of wealth management at Morgan Stanley. Hassan’s parents are immigrants from Kerala, India. Her father, Javad K. Hassan was a former senior executive at IBM and former president of Global Inter Connect Systems at AMP Inc. (now TE Connectivity).