NEW YORK: The Federal Reserve Bank of New York announced that Arvind Krishna, chairman, and chief executive officer of IBM, has been elected as a Class B Director, representing the public with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labor, and consumers. Mr. Krishna will fill the vacancy in the office for the remaining portion of a three-year term ending December 31, 2023.
In his current and former roles, Krishna has led the building and expansion of new markets for IBM in the cloud, artificial intelligence, blockchain, and quantum computing. He has also played a significant role in the development of innovative IBM products and solutions based on these emerging technologies.
Krishna previously was senior vice president of Cloud and Cognitive Software. He also headed IBM Research and was the general manager of IBM Systems and Technology Group’s development and manufacturing organization.
Krishna has an undergraduate degree from the Indian Institute of Technology, Kanpur (IITK), and a Ph.D. from the University of Illinois at Urbana-Champaign. He is the recipient of distinguished alumni awards from both institutions.
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