The Federal Reserve Bank of Atlanta announced the promotion of Philip “Phil” Ridgway to vice president of Product Development for Federal Reserve Financial Services (FRFS), effective 1 June. In the role, he will lead product development for Check and FedACH. Ridgway previously served as assistant vice president for product development since 2020 and has held a range of product development and strategy roles across Check and FedACH since joining the Atlanta Fed in 2016, including work on core and value-add services. His Federal Reserve career began at the Federal Reserve Bank of Kansas City in 2013 as lead enterprise architect for Check and FedACH Retail Payment Technology Services.