San Francisco Fed’s Chief of Supervision to Retire, Reports Reuters

Azher Abbasi, the head of supervision at the San Francisco Federal Reserve, is set to retire at the end of October, according to a bank spokesperson.

Niel Willardson will take over as interim executive vice president of supervision and credit, starting on October 1. Willardson previously held a position at the Minneapolis Fed.

Abbasi joined the San Francisco Fed in 2015. The news of his retirement was initially reported by Bloomberg.