We’re fostering economic growth and moving America forward by providing credit to consumers, businesses, and other financial institutions, and supporting robust capital markets.
The Financial Services Forum is an economic policy and advocacy organization whose members are the eight largest and most diversified financial institutions headquartered in the United States. The Forum promotes policies that support savings and investment, financial inclusion, deep and liquid capital markets, a competitive global marketplace, and a sound financial system.
Our banks are strong, stable and safe. We have substantially improved the quantity and quality of capital and liquidity, making us more resilient to adverse shocks. Our institutions have passed multiple stress tests in which the Federal Reserve reviewed our ability to withstand—and continue to lend through—significant economic shocks. And we’ve shown our strength during the real-life stress test of a global pandemic, supporting businesses, customers, communities and the U.S. economy while remaining safe and sound.
Forum institutions have substantially improved their capital and liquidity positions, and regulatory and supervisory changes in the past decade have further enhanced their resiliency and resolvability. They:
Barbara Hagenbaugh
bhagenbaugh@fsforum.com
Barbara Hagenbaugh
bhagenbaugh@fsforum.com
Citigroup Chief Executive Officer, Forum Chair
Citigroup Chief Executive Officer, Forum Chair
Robin Vince is President and Chief Executive Officer of BNY and a member of its Board of Directors. Previously, he was Vice Chair of BNY and CEO of Global Market Infrastructure. In that role, he oversaw BNY’s Clearance and Collateral Management, Treasury Services, Markets and Execution Services and Pershing businesses. Prior to joining BNY in October 2020, Robin was the Chief Risk Officer of Goldman Sachs and a member of the Management Committee. He joined Goldman Sachs in 1994 and held many leadership roles, including Treasurer, Head of Operations, Head of Global Money Markets, COO of the EMEA region and CEO of Goldman Sachs International Bank, among others. He served on several key subsidiary boards and governance committees. He was named managing director in 2002 and partner in 2006. Robin is a member of National Geographic Society’s Hubbard Council and serves on the Board of Advisors of The Hospital for Special Surgery.
Bank Of America Chairman Of The Board And Chief Executive Officer
Brian Moynihan leads a team of more than 200,000 employees dedicated to making financial lives better for people, companies of every size, and institutional investors across the United States and around the world. Bank of America is recognized as a top employer by Working Mother magazine and Military Times. The company is also listed on Fortune magazine’s list of the Best Workplaces for Diversity and the Best Workplaces for Parents. It was also named one of the Best Places to Work for Disability Inclusion by the U.S. Business Leadership Network and the American Association of People with Disabilities. In 2018, Euromoney recognized Bank of America as the World’s Best Bank and the World’s Best Bank for Diversity and Inclusion, as part of their annual Global Awards for Excellence. Bank of America was also named the 2019 Catalyst Award winner, honored for supporting the continued development, empowerment and advancement of women in the company and around the world. Moynihan participates in several organizations that focus on economic and market trends, including the World Economic Forum International Business Council, the Financial Services Forum, the Bank Policy Institute (chair), the Business Roundtable, and the American Heart Association CEO Roundtable (co-chair). He is also a member of the Federal Advisory Council of the Federal Reserve Board. Moynihan leads the company’s Global Diversity and Inclusion Council and is a member of the museum council for the Smithsonian’s National Museum of African American History and Culture. Moynihan is also a member of the Brown University Corporation’s Board of Fellows and the Congressional Medal of Honor Foundation Board.
The Goldman Sachs Group, Inc. Chairman and Chief Executive Officer
JPMorganChase Chairman And Chief Executive Officer
Morgan Stanley Chief Executive Officer
Edward (Ted) Pick is the Chief Executive Officer of Morgan Stanley.
Before becoming CEO in 2024, Mr. Pick served as Morgan Stanley’s Co-President, Co-Head of Firm Strategy and Head of the Institutional Securities Group, overseeing Investment Banking, Equities, Fixed Income, Global Capital Markets and Research.
In previous roles, Mr. Pick was Global Head of Sales and Trading, engineering a turnaround of the firm’s Fixed Income Division. As Head of Institutional Equities, he led that business to a leading global position. He also served as Head of Equity Capital Markets, helping the firm actively raise capital during the financial crisis.
Mr. Pick joined Morgan Stanley in 1990 and was promoted to Managing Director in 2002. He is a member of the firm’s Board of Directors (2024), Operating Committee (2012), Management Committee (2008) and Morgan Stanley-MUFG Steering Committee (2013).
Mr. Pick graduated Phi Beta Kappa from Middlebury College (1990) and received an MBA from Harvard Business School (1994). He is a Trustee at the Metropolitan Museum of Art (2018), and serves on the MET’s Nominating & Governance Committees. Mr. Pick is Chair of the Advisory Board for the Morgan Stanley Alliance for Children’s Mental Health and a board member of the Institute of International Finance.
State Street Corporation Chairman And Chief Executive Officer
Ron is chairman and chief executive officer of State Street Corporation. He is also a member of State Street Corporation’s Board of Directors. Ron was previously president and chief operating officer of State Street Corporation, and before that president and chief executive officer of State Street Global Advisors, the investment management arm of State Street Corporation. He joined State Street in 2015. Prior to State Street, Ron was president of Asset Management & Corporate Services for Fidelity Investments, responsible for all Fidelity asset management organizations and Fidelity’s corporate functions and enterprise technology. He served at Fidelity from 2010 to 2014. Prior to joining Fidelity, Ron served as president and chief executive officer of BNY Mellon Asset Management in Boston, a position to which he was named in 2007. During this time, he also served as vice chairman of Bank of New York Mellon Corporation and was a member of its Executive Committee. Additionally, Ron oversaw all of Bank of New York Mellon’s activities in Asia. Prior to the 2007 merger of Bank of New York and Mellon, he was vice chairman of Mellon Financial Corporation and president and chief executive officer of Mellon Asset Management. He served at Mellon and Bank of New York Mellon from 1997 to 2010. Prior to Mellon, Ron was with McKinsey & Company, Inc., from 1986 to 1997 and was elected a partner in 1992. He founded the Investment Management practice worldwide and was co-founder and co-leader of the firm’s North American Personal Financial Services practice. Additionally, he was a member of the Worldwide Property & Casualty Insurance practice. During his tenure with McKinsey, Ron served in the firm’s Boston, New York, and Stockholm offices. Ron received his Bachelor of Arts degree in political science from Syracuse University in 1980 and his Master of Business Administration from Harvard Business School in 1986. Ron serves on the boards of Unum Corp. and Rhode Island Commerce Corporation. He also serves on the boards of Beth Israel Lahey Health, The Boston Foundation, IYRS School of Technology and Trades, Syracuse University and WBUR. Ron’s philanthropic and civic interests include corporate governance, retirement/healthcare policy and funding, education, and climate. He has led several initiatives on gender equality. Ron is a frequent speaker and writer, and an avid offshore sailboat racer.
Wells Fargo & Company Chief Executive Officer And President
Charles W. Scharf is chief executive officer and president, and a member of the Board of Directors of Wells Fargo & Company. A financial services veteran with 24 years of experience in leadership roles in the banking and payments industries, Charlie served as chief executive officer of Bank of New York Mellon from July 2017 to October 2019 and the chairman of its board from January 2018 to October 2018. He also was chief executive officer and a director of Visa Inc. from October 2012 to December 2016. During his tenure at Bank of New York Mellon, Charlie demonstrated a strong track record in initiating and leading change, driving results, strengthening operational risk and compliance, and innovating amid a rapidly evolving digital landscape. As the CEO of Visa, Charlie transformed the firm into a technology-driven digital commerce company by partnering with the world’s leading technology companies to drive new payment experiences and introduce new technologies to improve payment system security. Previously, he was a managing director of One Equity Partners at JPMorgan Chase & Co. and chief executive officer of Retail Financial Services at JPMorgan Chase. He also was chief executive officer of the retail division of Bank One Corp., chief financial officer of Bank One Corp., chief financial officer of the Global Corporate and Investment Bank division of Citigroup, and chief financial officer of Salomon Smith Barney and its predecessor company. Charlie earned a Bachelor of Arts degree from Johns Hopkins University and an MBA from New York University. He is a director of Microsoft Corporation, serves on the board of trustees of Johns Hopkins University, is a member of The Business Council, and is chairman of the New York City Ballet. He lives in New York City.
President and Chief Executive Officer
Kevin Fromer is the President and Chief Executive Officer of the Financial Services Forum. The Forum represents the chief executive officers of the eight largest and most diversified financial services institutions headquartered in the United States. Based in Washington, DC, the Forum is a non-partisan organization that promotes financial stability, sound regulation and a strong economy.
Previously, Mr. Fromer was Executive Vice President and Head of Public Affairs for HSBC North America Holdings, and senior advisor to the chief executive of Legg Mason Global Asset Management.
Mr. Fromer spent over two decades in U.S. federal government. He was the Assistant Secretary of the Treasury for Legislative Affairs from 2005-2009. There he received the Alexander Hamilton Award, the Treasury Department’s highest honor, for his contribution to the government’s response to the global financial crisis. He also served in the U.S. Congress as Assistant to the Speaker of the House of Representatives for Policy, Chief of Staff to U.S. Representative Harold Rogers (R-KY), and associate staff of the House Appropriations Committee.
Mr. Fromer serves on the board and executive committee of the Boys and Girls Clubs of Greater Washington, and previously served as president of the board of the National Presbyterian School, and on the board of the National Presbyterian Church Fund for Charitable Giving. He is a graduate of the University of Virginia and lives in Washington, DC, with his wife and two daughters.
Chief Economist, Head of Policy Research
Sean D. Campbell is the Chief Economist, Head of Policy Research. He joined the Forum in April 2018.
Prior to joining the Forum, Dr. Campbell served as an Associate Director in the Federal Reserve Board’s Division of Supervision and Regulation and as a Deputy Associate Director in the Division of Research and Statistics. Dr. Campbell joined the Federal Reserve Board staff as a staff economist in June 2004. While at the Board, Dr. Campbell contributed to the development and design of an array of regulatory policy initiatives regarding stress testing, capital, derivative markets, and a number of Dodd-Frank Act reforms.
Dr. Campbell’s research focuses on financial risk management and the intersection between the macroeconomy and financial markets. Dr. Campbell’s research has been published in a number of leading, peer-reviewed, academic journals including the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, and the Journal of Business and Economic Statistics.
Prior to joining the staff of the Federal Reserve Board, Dr. Campbell was an assistant professor of economics at Brown University. Dr. Campbell has a Ph.D. in economics from the University of Pennsylvania and a B.A. in economics from the University of Massachusetts, where he graduated Phi Beta Kappa.
Head of Government Affairs
Tiffany Haas is the Head of Government Affairs. She joined the Forum in September 2018.
While at the Forum, Haas has helped lead engagement ahead of four GSIB CEO hearings and legislative strategy on Forum policy priorities. Haas has led Forum member advocacy on bank capital regulation, including Basel III Endgame and stress testing, along with liquidity and climate-related financial risk before Congress and the administration. Haas has worked to build broad trade and interest group coalitions, which has led to successful engagement and outcomes on Forum member issues.
Before joining the Forum, Haas served as the vice president for congressional affairs at the Consumer Bankers Association. She previously served as legislative counsel and communications director to Rep. Donald Payne, Jr. (D-N.J.), was a communications adviser at the Democratic National Committee, and served in legal and field roles at Obama for America. In addition, she practiced law as a litigation attorney in the private sector.
Haas holds a J.D. from Marquette University Law School, where she was the editor-in-chief of the Marquette Sports Law Review, and a B.A. in political communication from the George Washington University, where she graduated magna cum laude, was elected to Phi Beta Kappa, and captained the university’s Women’s Gymnastics Team.
Chief Communications Officer and Senior Advisor to the CEO
Barbara Hagenbaugh is the Chief Communications Officer and Senior Advisor to the CEO.
Prior to joining the Forum in February 2018, Ms. Hagenbaugh was Deputy to the Chairman for Communications at the Federal Deposit Insurance Corporation (FDIC). In that role she served as the agency’s chief spokesperson, advised the chairman and other Board members and senior staff on communications matters, and led a 14-member team that executed the FDIC’s external and internal communications activities. Ms. Hagenbaugh’s external work at the FDIC focused on regulatory reform, resolution planning, new bank formation, cybersecurity, and bank closings.
Prior to the FDIC, Ms. Hagenbaugh was a senior media relations specialist at the Board of Governors of the Federal Reserve System. There, she was the head spokesperson on bank supervision and regulatory matters, including the Federal Reserve’s annual stress tests and regulatory reform.
Before joining the government, Ms. Hagenbaugh worked for 14 years at USA Today and Reuters as a financial and economics reporter.
Ms. Hagenbaugh in 2021 was elected to the board of the Women in Housing and Finance Foundation, acting as the liaison to Trinity Washington University, a college serving mainly women of color in Washington, D.C., and serving on several committees.
Ms. Hagenbaugh is a graduate of the Medill School at Northwestern University, where she received a degree in journalism.
Vice President of Government Affairs
Director of Media and Outreach
Laura Peavey is the Director of Media and Outreach. She joined the Forum in November 2024.
Peavey is a member of the communications team and is responsible for engaging media and external stakeholders to promote Forum members’ efforts to foster economic growth and support American consumers. Additionally, she works to develop communications strategies that increase awareness and support for the legislative and regulatory priorities of the Forum members.
Before joining the Forum, Peavey served as Communications Director for the House Financial Services Committee, under the leadership of Chairman Patrick McHenry (R-NC), for nearly six years. During that time, she led the committee’s communications response during a number of defining moments, including the Covid pandemic, the March 2023 banking turmoil, and Chairman McHenry’s service as Speaker Pro Tempore. Peavey has also served in communications roles for the House Rules Committee, Sen. Joni Ernst (R-IA), and Rep. Michael Burgess (R-TX).
A native Texan, she holds a degree from The Mayborn School of Journalism at the University of North Texas.
Senior Manager, Digital Strategy
Leona Snell joined the Forum in June 2023 as the Senior Manager, Digital Strategy.
Ms. Snell previously served as a Senior Marketing Associate at BondLink, a financial technology company for the municipal bond market, where she managed digital marketing strategies across a range of municipal sectors.
Prior to her role at BondLink, Ms. Snell managed content marketing strategies at Founders First Capital Partners, an impact investor, where she focused on elevating brand awareness and engagement through impactful social media campaigns, targeted email marketing, and strategic partner outreach. In addition to her digital marketing expertise, she has extensive experience in the financial services industry through her roles at Wells Fargo Bank, where she obtained FINRA licenses 6 and 63, and LPL Financial.
Ms. Snell holds an MBA with a concentration in Marketing from the University of San Diego, as well as a BA in International Business from San Diego State University.
Head of Administration and Events
Kelicia Rice is the Head of Administration and Events at the Forum. She joined the Forum in January 2025.
Ms. Rice is responsible for managing the Forum leadership’s daily operations and ensuring effective coordination with member companies. In this role she also leads the Forum’s event planning and execution to advance the priorities of Forum members.
Ms. Rice previously served as Advisor to the President and Director of Scheduling at the University of Florida, where she managed the president’s daily operations and coordinated with cabinet and senior administrators. Prior to this, she served as Scheduler for U.S. Senator Ben Sasse (R-NE), where she managed the Senator’s calendar and logistics, prepared daily briefing documents, and coordinated with senior staff.
Previously, she was Executive Director of The Great Meadow Foundation, where she managed operations, fundraising, and large-scale public events.
Additionally, she has served as Chief of Staff to Congressman John R. Carter (R-TX), Deputy Director of Scheduling for Vice President Dick Cheney, and Assistant to House Appropriations Committee Chairman Harold Rogers (R-KY).
Ms. Rice holds a Bachelor of Arts degree from the University of Mary Hardin-Baylor in Belton, Texas.
Communications Associate
Kiana Magat is the Communications Associate. She joined the Forum in June 2023.
Ms. Magat graduated from Temple University with a Bachelor of Arts in Global Studies with a concentration in Security.
Prior to joining the Forum, Ms. Magat served as a Communications and Marketing intern at Dyvert and as a Human Resources and DE&I Intern at Livent.
At Temple, Ms. Magat served as the treasurer of a women’s political advocacy group, IGNITE. She was also a staff writer for Her Campus, an online magazine platform dedicated to college women.
Office Manager
Stephanie Niblock is the Office Manager. She joined the Forum in June 2019.
Ms. Niblock previously served in various human resources roles, including as a recruiter and supervisor for Accenture. In that role, she supervised the full-cycle executive recruiting of manager candidates for Accenture’s technology group, and was part of the nationwide team dedicated to multi-site sourcing and hiring of software architects and project managers.
Prior to her time at Accenture, Ms. Niblock served as the human resources manager for Ricardo, Inc., and as an executive search consultant for Blackman Kallick Bartelstein in Chicago.
Ms. Niblock holds a degree in economics from the University of Arizona. She volunteers at the World Central Kitchen in Washington, DC, and has previously served on the board of the University of Chicago Cancer Research Foundation Auxiliary Board and as a volunteer ESL teacher at Oakton Community College in Des Plaines, IL.
Research Associate