St. Louis Fed Appoints First Vice President

David A. Sapenaro has been named first vice president and chief operating officer of the Federal Reserve Bank of St. Louis.

Sapenaro joined the St. Louis Fed in 1995, following 10 years with the Federal Reserve Bank of Kansas City, where he held a variety of managerial and official positions in the Operations Division. In St. Louis, he most recently managed and led various Federal Reserve operations and initiatives in support of the U.S. Treasury.

Customer service is one of Sapenaro's top priorities.

"Whether you interact with the Federal Reserve Bank of St. Louis through our public programs, our financial services or our bank examiners, you can count on receiving exceptional service from this organization," Sapenaro says. "When you do, we'd like to hear from you. And if you don't, we definitely want to hear from you."

Sapenaro succeeds LeGrande Rives, who retired in January.