Angella Sprauve: A Trailblazer in the World of Business and Finance

Angella Sprauve is a name that is synonymous with success in the world of business and finance. She is a trailblazer who has made significant contributions to the industry, both as a professional and as a mentor to young women seeking to make their mark in the field. In this article, we will take a closer look at Angella Sprauve’s background, her career achievements, her leadership philosophy, and her impact on the industry.

Early Life and Education

Angella Sprauve was born and raised in St. Thomas, U.S. Virgin Islands. She attended the University of the Virgin Islands, where she earned a Bachelor of Business Administration degree with a concentration in accounting. After completing her undergraduate studies, she went on to earn a Master of Business Administration degree from the University of Phoenix.

Career Achievements

Angella Sprauve began her career in finance as an auditor for the U.S. Department of Defense. She then worked for several years as an accountant for various organizations before joining the Federal Reserve Bank of New York in 1995. At the Federal Reserve, she held various positions, including Vice President and Chief Administrative Officer of the Markets Group.

In 2012, Angella Sprauve was appointed as the Chief Financial Officer (CFO) of the Federal Reserve Bank of New York, becoming the first woman and the first person of color to hold this position in the bank’s history. As CFO, she was responsible for overseeing the bank’s financial operations, including budgeting, accounting, and financial reporting. She also played a key role in developing and implementing the bank’s strategic plan.

Under Angella Sprauve’s leadership, the Federal Reserve Bank of New York achieved significant milestones. She led the bank’s efforts to improve its financial reporting processes, resulting in the bank receiving an unqualified audit opinion for the first time in over a decade. She also oversaw the implementation of a new financial management system that improved the bank’s efficiency and transparency.

Leadership Philosophy

Angella Sprauve is known for her strong leadership skills and her commitment to diversity and inclusion. She believes that a diverse workforce is essential for any organization to succeed, and she has worked tirelessly to create an inclusive culture at the Federal Reserve Bank of New York.

In an interview with Forbes, Angella Sprauve stated that her leadership philosophy is based on three core principles: transparency, accountability, and collaboration. She believes that leaders should be transparent in their decision-making processes and communicate openly with their teams. She also emphasizes the importance of holding oneself accountable for one’s actions and decisions. Finally, she believes that collaboration is essential for achieving success, and that leaders should work closely with their teams to achieve common goals.

Impact on the Industry

Angella Sprauve’s impact on the industry extends far beyond her role at the Federal Reserve Bank of New York. She has been a vocal advocate for diversity and inclusion in the workplace, and has served as a mentor to countless young women seeking to enter the world of finance.

In 2018, Angella Sprauve was named one of the “25 Most Powerful Women in Finance” by American Banker. She was recognized for her leadership at the Federal Reserve Bank of New York and for her efforts to promote diversity and inclusion in the industry.

In addition to her professional achievements, Angella Sprauve is also actively involved in her community. She serves on the board of directors for several organizations, including the United Way of New York City and the Women’s Forum of New York.

Conclusion

Angella Sprauve is a true trailblazer in the world of business and finance. Her career achievements, leadership philosophy, and commitment to diversity and inclusion have made a significant impact on the industry. She is a role model for young women seeking to enter the field, and her legacy will continue to inspire future generations of leaders.