For immediate release: March 8, 2019

Peter Bermudez and Todd Henrich have been promoted to assistant vice presidents for the Operations and Administrative Services Division at the Federal Reserve Bank of Atlanta, announced Raphael Bostic, president and chief executive officer of the Atlanta Fed. Bermudez assumes responsibility for the Atlanta office's Facilities, Event Management, and Records Management functions. Henrich assumes responsibility for District Facilities Management and Building Operations, including the planning and construction unit.

Bermudez joined the Atlanta Fed in 1985 as a section manager in the Miami Check Processing Services area. He was promoted to Payment Services manager in 1998, and in 2006 he was promoted to Financial Services director with oversight of Payment Services and Check 21 Operations. In 2012, Bermudez transferred to Facilities Management and Support Services with responsibility for financial and project support of District Facilities functional areas. Bermudez attended the University of Miami.

Henrich joined the Atlanta Fed in 1992 as a management intern at the Nashville Branch. He was promoted to accounting supervisor before moving to Cash as a section manager in 1994. In 1997, he moved to the Atlanta office as a section manager in Securities Services. In 1999, he was promoted to Financial Services director at the Birmingham Branch, with responsibility for Cash services. Henrich also served as a senior Financial Services lead in the Cash Function office at the New Orleans Branch before leaving the Bank for another opportunity. In 2012, Henrich returned to the Atlanta office as Cash Services director. Henrich earned a bachelor's degree in business administration from Belmont University.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. As part of the nation's central banking system, the Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks, and provides a variety of financial services to depository institutions and the U.S. government.