Federal Reserve Board announces appointment of seven members, including three new members, to its Insurance Policy Advisory Committee (IPAC)

December 19, 2024

Federal Reserve Board announces appointment of seven members, including three new members, to its Insurance Policy Advisory Committee (IPAC)

For release at 2:00 p.m. EST

The Federal Reserve Board on Thursday announced the appointment of seven members, including three new members, to its Insurance Policy Advisory Committee, or IPAC.

The IPAC, which was established by the Economic Growth, Regulatory Relief, and Consumer Protection Act, provides information, advice, and recommendations to the Board on domestic and international insurance issues.

IPAC members have expertise in life insurance, property and casualty insurance, and reinsurance, and have professional backgrounds in insurance accounting, actuarial science, academia, insurance regulation, policyholder advocacy, capital markets, and other areas. More information is available here.

New Members
Jonathan Kelly
Partner
Sidley Austin

Paul Kim
Head of Commercial Risk Strategy and Product Development
Aon

Sam Ramos
Chief Legal Officer, General Counsel & Secretary
Global Atlantic Financial Company

Re-appointed Members
Andrew Vedder
Vice President of Enterprise Risk Management
Northwestern Mutual

John Golden
Global Head of Insurance Regulation
Apollo Global Management

Peter Kochenburger
Professor of Law
Southern University Law, Emeritus, University of Connecticut School of Law

William Torchiana
Partner
Sullivan & Cromwell

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