The Federal Reserve Bank of Philadelphia has announced the promotion of Stephen G. Hart to vice president in the Human Resources Department.

Hart joined the Bank in 1985 as a marketing analyst and served in the Business Development Department for 16 years, becoming marketing manager and eventually the marketing officer. He was promoted to assistant vice president in 2001 in Business Planning and Analysis, and then he moved to the Human Resources Department in 2003. As vice president, Hart will continue to lead talent management; staffing and recruiting; diversity and inclusion initiatives; and Human Resources Information Systems, a function within Human Resources that involves data collection and warehousing employee information. In addition to his work at the Bank, Hart serves as president of the Pennsylvania/ Delaware/ New Jersey Distance Learning Association and is a member of the Society for Human Resource Management. Hart is also an adjunct professor at La Salle University. 

Hart has a master’s degree in organizational dynamics from the University of Pennsylvania and a bachelor’s degree in business administration from La Salle University. He is also a graduate of the Stonier Graduate School of Banking at the University of Delaware. 

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.