People in the News

Chief Marilynn (Lynn) Malerba has been sworn in as the new Treasurer of the United States. Prior to becoming Treasurer, she served as the 18th Chief of the Mohegan Tribe – the first Native American to serve in this position.

In addition to the post of Treasurer – in which she will directly oversee the US Mint, the Bureau of Engraving and Printing and Fort Knox, and is a key liaison with the Federal Reserve – she will also lead the newly-established Office of Tribal and Native Affairs.

Kathleen Young has been selected as the new Chief of FedCash Services and Executive Vice President, replacing Roger Replogle who is retiring. She has more than 23 years of strategy and leadership experience within the Federal Reserve System, having held roles within the Cash Product Office, ITS Central Services and National IT, the Customer Relations and Support Office, Retail Payments Office, and with the Atlanta Reserve Bank.

In her current role as Senior Vice President and Head of FedCash Business Strategy and Solutions, she is responsible for national guidance to the Federal Reserve Cash Services business. As the next Chief, she will be responsible for both the Business Strategy & Solutions areas that she currently leads, as well as the Currency Technology and Support function that is responsible for the Fed’s fleet of high-speed currency processing equipment. She will also be a member of the FRFS Leadership Team (FLT).

Lars Rohde, Governor of Danmarks Nationalbank, Denmark’s central bank, will retire from the role in January 2023, after 10 years leading the institution. His successor has yet to be named.

Finance Minister Álvaro Gónzalez Ricci has been appointed as the new governor of the Bank of Guatemala. He succeeds Sergio Recinos, who has led the central bank since 2015.

Diebold Nixdorf has announced the appointment of Joe Myers as Executive Vice President, Global Banking to lead the company’s banking business, overseeing sales, related service and solutions delivery and key strategies. He was formerly with the payments processing firm Evalon.

Dr Burkard Huber, former CEO of Gleitsmann Security Inks, part of the hubergroup, has passed away.

A senior chemist by university training, he joined Gleitsmann after the reunification of Germany in the late 1980s. In that time the security printing market had only two main suppliers – SICPA (for the majority) and Gleitsmann, both focussing on the profitable market for intaglio inks. He increased Gleitsmann’s market share and delivered to hubergroup a sequence of steady profitable growth.

At the turn of the millennium he achieved the integration of Gleitsmann into the supply chain for the new euro banknotes, and into new growing markets in Eastern Europe, Asia and South America, consolidating Gleitsmann’s position.

According to Arnim von Schwedler, who worked with him over many years during his time with Giesecke+Devrient and Bundesdruckerei, Dr Huber’s personality assured the stability of customer relations, since he built these on both business and personal friendships which continued even after he retired.

Gleitsmann, which had planned a customer event to celebrate its 175th anniversary this autumn, has postponed this as a mark of respect on the death of their former CEO.