Federal Reserve Banks
Federal Reserve Bank of St. Louis
Alberto G. Musalem
President and Chief Executive Officer
Federal Reserve Bank of St. Louis
Alberto G. Musalem took office on April 2, 2024, as president and chief executive officer (CEO) of the Eighth District, Federal Reserve Bank of St. Louis.
Prior to his appointment, Dr. Musalem served as CEO and co-chief investment officer of Evince Asset Management LP from 2018–22. From 2014–17, he served as executive vice president of the Federal Reserve Bank of New York and senior advisor to the president. He led the Integrated Policy Analysis Group and the Emerging Markets and International Affairs Group, served on the Bank's Management Committee, and represented the Federal Reserve Bank of New York on the Committee on the Global Financial System of the Bank of International Settlements.
Dr. Musalem served as managing director, partner, and global head of research of Tudor Investment Corporation from 2000–13. Earlier in his career, Dr. Musalem served as economist at the International Monetary Fund. He is a member of the Council on Foreign Relations and the Economic Club of New York.
Dr. Musalem earned a PhD in economics from the University of Pennsylvania. He also holds master's and bachelor's degrees in economics from the London School of Economics and Political Science.
Bank Location
One Federal Reserve Bank Plaza
Broadway and Locust Streets
St. Louis, MO 63102
(314) 444-8444
Mailing information
Visitor Information
Head office at St. Louis, Missouri.
Branch Banks at Little Rock, Arkansas; Louisville, Kentucky; and Memphis, Tennessee.
Covers the state of Arkansas; 44 counties in southern Illinois; 24 counties in southern Indiana; 64 counties in western Kentucky; 39 counties in northern Mississippi; 71 counties in central and eastern Missouri; the city of St. Louis; and 21 counties in western Tennessee.
Website: https://www.stlouisfed.org/
Branches
Little Rock
Stephens Building, 111 Center Street, Suite 1000, Little Rock, AR 72201
P.O. Box 1261, Little Rock, AR 72203-1261
(501) 324-8300
Louisville
101 South Fifth Street, Suite 1920, Louisville, KY 40202
(502) 568-9200
Memphis
200 North Main Street, Memphis, TN 38103
P.O. Box 407, Memphis, TN 38101-0407
(901) 523-7171
List of Directors
Class A
| Name | Title | Term expires December 31 |
|---|---|---|
| C. Mitchell Waycaster | Chief Executive Officer and Executive Vice Chairman Renasant Bank Tupelo, Mississippi |
2025 |
| Mardie R. Herndon, Jr. | President and CEO Paducah Bank and Trust Company Paducah, Kentucky |
2026 |
| Misty Borrowman | President and Chief Executive Officer Bank of Hillsboro Hillsboro, Illinois |
2027 |
Class B
| Name | Title | Term expires December 31 |
|---|---|---|
| Penelope Pennington | Managing Partner Edward Jones St. Louis, Missouri |
2025 |
| R. Andrew Clyde | President and Chief Executive Officer Murphy USA Inc. El Dorado, Arkansas |
2026 |
| Michael Ugwueke | President and Chief Executive Officer Methodist Le Bonheur Healthcare Memphis, Tennessee |
2027 |
Class C
| Name | Title | Term expires December 31 |
|---|---|---|
| Carolyn Chism Hardy (Chair) |
President and Chief Executive Officer Chism Hardy Investments, LLC Collierville, Tennessee |
2025 |
| Gregory A. Heckman | Chief Executive Officer Bunge Global SA Chesterfield, Missouri |
2026 |
| Lal Karsanbhai (Deputy Chair) |
Chief Executive Officer Emerson Electric Co. St. Louis, Missouri |
2027 |
LITTLE ROCK BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| Christopher B. Hegi | Director First Financial Bank El Dorado, Arkansas |
2025 |
| Denise Thomas | Chief Executive Officer World Trade Center Arkansas, University of Arkansas Rogers, Arkansas |
2026 |
| Darrin Williams | Chief Executive Officer Southern Bancorp, Inc. Little Rock, Arkansas |
2026 |
| Elizabeth Anderson | Senior Vice President Farmers Bank & Trust Magnolia, Arkansas |
2027 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Allison J.H. Thompson (Chair) |
President and Chief Executive Officer Economic Development Alliance for Jefferson County, Arkansas Pine Bluff, Arkansas |
2025 |
| Vacancy | 2026 | |
| Daniel Binder | Senior Vice President and Global Treasurer Walmart Bentonville, Arkansas |
2027 |
LOUISVILLE BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| James A. Hillebrand | Chairman and Chief Executive Officer Stock Yards Bank & Trust Louisville, Kentucky |
2025 |
| Ines M. Rivas-Hutchins | President INTEC Group, LLC Paducah, Kentucky |
2026 |
| Carrie A. Warren | President Bank of Buffalo Buffalo, Kentucky |
2026 |
| Dave W. Christopher, Sr. | Founder and Executive Director AMPED Louisville Louisville, Kentucky |
2027 |
| Name | Title | Term expires December 31 |
|---|---|---|
| David Tatman | Assistant Plant Manager and Director of Engineering Bendix Commercial Vehicle Systems Bowling Green, Kentucky |
2025 |
| Condrad Daniels (Chair) |
President HJI Supply Chain Solutions Louisville, Kentucky |
2026 |
| Vacancy | 2027 |
MEMPHIS BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| R. Davy Carter | Regional President Home BancShares, Inc. Jonesboro, Arkansas |
2025 |
| Jeff Agee | Chairman and Chief Executive Officer First Citizens National Bank Dyersburg, Tennessee |
2026 |
| Henry N. Reichle, Jr. | President and Chief Executive Officer Staplcotn Greenwood, Mississippi |
2026 |
| Vacancy | 2027 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Vacancy | 2025 | |
| Vacancy | 2026 | |
| Vacancy | 2027 |