As chief of payments operations, Cheryl Venable manages the teams responsible for Federal Reserve Financial Services payments operations, including FedACH, checks, and wholesale (Fedwire Funds Service, Securities, and the National Settlement Service). When the FedNow℠ Service is launched in 2023, her responsibilities will also include FedNow operations. Venable is currently chair of the Federal Reserve's Business Technology Council and a member of the Atlanta Fed’s executive leadership committee.
Prior to her current role, Venable was an executive vice president at the Federal Reserve Bank of Atlanta and retail payments product manager for the Retail Payments Office. In this role, she oversaw all aspects of the check and ACH payments businesses. Venable has spent her entire career with the Fed, having joined the St. Louis Federal Reserve in 1991 as a management trainee in the Accounting and Payment System Risk Department. She joined the Minneapolis Fed in 1996, served as the senior vice president responsible for FedACH operations and automation, led the Information Technology Division, and served on the management committee. In 2010, she joined the Atlanta Fed as RPO chief information officer. She was responsible for check and FedACH technology and application development, including the successful modernization of the electronic check processing platform.
Venable is a board member of Visiting Nurse Health System, a nonprofit organization serving Atlanta with home healthcare, care management, and end-of-life services.
A Missouri native, Venable earned a bachelor's and a master's degree in business administration from St. Louis University.