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Fed names Reserve Banks' chairs, deputy chairs for 2019

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Fed names Reserve Banks' chairs, deputy chairs for 2019

The Federal Reserve Board named the chairs and deputy chairs of the 12 Federal Reserve Banks for 2019.

At the Federal Reserve Bank of Boston, former Deputy Chair Phillip Clay, a professor at Massachusetts Institute of Technology's department of urban studies and planning, was named chair. Christina Paxson, president of Brown University, was named deputy chair.

Denise Scott, last year's deputy chair, was named chair of the Federal Reserve Bank of New York and Rosa Gil, president and CEO of New York-based Comunilife Inc., was named deputy chair.

At the Federal Reserve Bank of Atlanta, former Deputy Chair Myron Gray was named chair and Elizabeth Smith, president and CEO of restaurant chain Bloomin' Brands Inc., was named deputy chair.

James Farrell, president and CEO of Farmers National Co., was named deputy chair of the Federal Reserve Bank of Kansas City. Rose Washington was retained as chair of the Kansas Fed.

Greg Armstrong, last year's deputy chair of the Federal Reserve Bank Of Dallas, was named chair and Mary Kipp was named deputy chair. Kipp is the president and CEO of El Paso Electric Co.

At the Federal Reserve Bank of San Francisco, former Deputy Chair Barry Meyer was named chair. Rosemary Turner, the former president of the Northern California District at United Parcel Service Inc., was named deputy chair.

The Fed retained the chairs and deputy chairs, respectively, for these Federal Reserve Banks: Brian McNeill and Phoebe Haddon at the Federal Reserve Bank of Philadelphia; Dawne Hickton and Dwight Smith at the Federal Reserve Bank of Cleveland; Kathy Warden and Margaret Lewis at the Federal Reserve Bank of Richmond; Anne Pramaggiore and E. Scott Santi at the Federal Reserve Bank of Chicago; Kathleen Mazzarella and Suzanne Sitherwood at the Federal Reserve Bank of St. Louis; and Kendall Powell and Harry Melander at the Federal Reserve Bank of Minneapolis.