For immediate release: January 2, 2020
Allen Sautter has been promoted to vice president and chief information security officer, and Jeff Schiele has been promoted to vice president of finance and vendor management in the Retail Payments Office (RPO), announced Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta. Shari Bower will join the bank as assistant vice president in the RPO. Sautter, Schiele, and Bower's positions were effective January 1, 2020.
Sautter joined the Atlanta Fed in 2015 as director of information security, where he was responsible for the compliance automation and policy risk and compliance teams. He was promoted to assistant vice president of information security in 2016. Prior to joining the Fed, he served in information security and technical leadership roles with Cox Communications and NCR. Sautter holds the Certified Information Systems Security Profession and Holistic Information Security Practitioner certifications.
Schiele joined the Atlanta Fed in 1993 as a management associate and held positions of increasing responsibility in securities services, electronic payments, customer support, law enforcement, and business continuity before becoming an administrator in the RPO in 2005. In 2009, he was promoted to assistant vice president, and in that position he led various operations and customer support functions as well as vendor relations and contract management. He assumed responsibility for RPO financial management in 2016. Schiele earned a bachelor's degree in accounting and finance from Miami University in Ohio.
Bower joined the New York Fed in 2005 as a rotational analyst in the supervision group. She became a bank examiner in 2007 and held positions of increasing responsibility in supervision and the payments and market infrastructure policy area. In 2016, she joined the New York Fed's Policy Planning Office as an officer and was promoted to assistant vice president in 2018. Bower earned a bachelor's degree in international relations and anthropology from Tufts University and a master's degree in public administration from New York University.
The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. As part of the nation's central banking system, the Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks, and provides a variety of financial services to depository institutions and the U.S. government.