Washington, D.C. , October 5, 2017 - The Institute of International Finance today' released' the following statement from IIF President and CEO Tim Adams after the Senate confirmed the nomination of Randal' Quarles to be Vice Chairman for Supervision of the Federal Reserve Board.' '

"Randy Quarles is one of the finest, most thoughtful people I know,' and I congratulate him on becoming the first' Vice Chair for Supervision of the' Federal Reserve Board.' We' look forward to' working with him and his colleagues at the Board to ensure a' financial' system that is safe, sound and remains a driver of economic growth, job creation, and overall prosperity."'

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