St. Louis Fed Names Matthew W. Torbett as Federal Reserve System Treasury Director

ST. LOUIS — The Federal Reserve Bank of St. Louis has named Executive Vice President Matthew W. Torbett as Federal Reserve System Treasury director, effective Aug. 15, 2024. He will be responsible for the Treasury Relations and Support Office (TRSO) and managing the Federal Reserve’s overall relationship with the U.S. Treasury for fiscal agent services. He will continue to serve on the Bank’s management committee.

Matthew W. Torbett | High-resolution photo

Torbett will succeed Kathleen O’Neill in this role; she is retiring after more than 36 years of distinguished service to the Federal Reserve System. He was appointed by the Bank’s board of directors following consultation with other Federal Reserve System stakeholders.

“Matt’s decades of experience as a leader in Treasury relations make him an ideal fit for this impactful role,” said Alberto Musalem, the St. Louis Fed’s president and CEO. “I am thrilled for him to take on the important work of the System in managing our service to the U.S. Treasury.”

Torbett joined the Bank in 1997 in Cash Operations at the Little Rock Branch, expanding his responsibility in 2003 to run Cash Operations for both Memphis and Little Rock branches. He moved to the St. Louis office in 2005 to join the TRSO. Torbett became TRSO deputy product manager in 2009 and senior vice president in 2016. In 2021 he was named TRSO product manager with responsibility for daily operations. He currently serves as executive vice president and TRSO product manager and is a member of the Bank’s management committee.

Torbett received his bachelor’s degree in business administration from the University of Arkansas at Little Rock and is a graduate of the Paul W. Barrett Graduate School of Banking at Christian Brothers University in Memphis. Additionally, he has attended executive leadership programs at the University of Virginia’s Darden School of Business and Northwestern University’s Kellogg School of Management.