The Federal Reserve Bank of New York has appointed a new leader of its bank supervision arm, the bank announced Thursday.

Kevin Stiroh, a senior vice president in global economic research, will lead the New York Fed's Financial Institution Supervision Group, effective Oct. 26.

Stiroh has worked at the bank for more than 15 years in various departments. He also spent about a year as an analyst at Sanford C. Bernstein, according to his LinkedIn profile. He holds a PhD in economics from Harvard University and has produced research on topics including capital surcharges for large banks.

As the head of banking supervision at the New York Fed, Stiroh will also serve on the supervision committee and the large institution supervision coordination committee for the Federal Reserve Board.

"Kevin's vast experience across the core businesses of the Bank and System has prepared him well for his new role," said New York Fed President and Chief Executive Officer William C. Dudley in a press release.

Stiroh will succeed Sarah Dahlgren, a 25-year veteran who stepped down at the end of September.

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