Sushmita Shukla

December 2022 - Bridge Partners is pleased to announce the appointment of Sushmita Shukla as First Vice President and Chief Operating Officer of the Federal Reserve Bank of New York, effective March 2023.

The Federal Reserve Bank of New York ("New York Fed" or the "Bank") makes the U.S. economy stronger and the financial system more stable for all segments of society. They do this by executing monetary policy, delivering financial services, supervising financial institutions, and providing thought leadership on issues that impact the nation and communities they serve, as part of the Federal Reserve System. The Federal Reserve System is an independent governmental entity created by Congress in 1913 to serve as the central bank of the United States.

As First Vice President, Ms. Shukla will be the New York Fed’s second ranking officer. Together with the Bank’s President and Chief Executive Officer, she will establish, communicate, and execute the strategic direction of the organization. 

She has served in leadership roles in the insurance industry for nearly 20 years, primarily leading operations, technology, and enterprise-wide transformation efforts. For the past five years, she has been Senior Vice President and Chief Operations Officer for International Accident & Health at Chubb, the world’s largest publicly traded property and casualty insurance company, where she led operations, claims technology, and strategic programs for the International Accident & Health business in 51 countries. 

Ms. Shukla has also held positions at Liberty Mutual, Merrill Lynch, and GiantBear Inc., a wireless technology and application service provider in New York.  She earned an MBA from New York University and a bachelor’s degree in electrical engineering from the University of Mumbai.