Richard R. Oliver, ICS '73

Former EVP, Federal Reserve Bank

Rich Oliver, now retired, was formerly the Executive Vice President and director of the Retail Payments Risk Forum at the Federal Reserve Bank of Atlanta and was with the Bank since 1973. In this role, he worked in collaboration with industry participants, regulators and law enforcement to identify, understand and mitigate emerging risks in retail electronic payments systems. He was also responsible for establishing and maintaining relationships with industry executives and organizations involved in the retail payments arena specifically with regard to retail payments risk issues. From 1998 to 2009, he served as retail payments product manager for the Federal Reserve System, where he was responsible for managing the Fed's check and ACH businesses nationwide.

Earlier in his career, Rich served as Planning Analyst, Administrator of the Automated Clearing House, Chairman of the Federal Reserve's Electronic Payments Implementation Task Force, Manager and Officer in charge of software development, Vice President in charge of automation services, the Federal Reserve System's Product Manager for Electronic Payments Services, Officer in charge of business development and check software and Staff Director for the Federal Reserve System's Policy Committee for Financial Services, where he was responsible for coordinating integrated financial management, project management and strategic planning for all the Federal Reserve's payments services nationwide.

Rich holds a B.S. in mathematics from the University of Nevada, an M.S. in information and computer science from Georgia Tech and an M.B.A. in management from Georgia State University. He has also completed executive development programs at Harvard University and the University of Tennessee.