Boston Federal Reserve Bank Mourns Passing of Jackie Palladino

The Federal Reserve Bank of Boston announced with great sadness the passing of executive vice president and chief administrative officer Jackie Palladino.

"Jackie was a remarkable person and an optimistic, resilient, forward-looking colleague; a strategic partner for many; committed to excellence in everything, and taking joy in the Fed's fundamental public service," said Susan M. Collins, the Bank's president and CEO.

On behalf of the entire organization, leadership extends their sincere condolences to Jackie's family, friends, colleagues, and those she interacted with in the business community.

"Jackie had had such a meaningful impact on the Bank in so many ways - on our ways of working, and certainly on our people," said Karen Pennell, the Bank's first vice president and chief operating officer. "At this very sad moment for our organization, we are inspired by her example."

Jackie was a member of the Bank's Executive Committee and had responsibility for an extensive portfolio. Earlier in her career, Jackie spent two decades in banking supervision, regulation, and credit - evaluating the condition of banking organizations, analyzing potential bank mergers, and managing lending activities.

In addition to her work in the Federal Reserve, Jackie served on the board of directors of the United Way of Massachusetts Bay and Merrimack Valley.