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 |
|---|---|---|
| Misty Borrowman | President and Chief Executive Officer Bank of Hillsboro Hillsboro, Illinois |
2024 |
| C. Mitchell Waycaster | President and Chief Executive Officer Renasant Bank Tupelo, Mississippi |
2025 |
| Mardie R. Herndon, Jr. | President and Chief Executive Officer Paducah Bank and Trust Company Paducah, Kentucky |
2026 |
Class B
| Name | Title | Term expires December 31 |
|---|---|---|
| Michael Ugwueke | President and Chief Executive Officer Methodist Le Bonheur Healthcare Memphis, Tennessee |
2024 |
| 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 |
Class C
| Name | Title | Term expires December 31 |
|---|---|---|
| Lal Karsanbhai (Deputy Chair) |
Chief Executive Officer Emerson Electric Co. St. Louis, Missouri |
2024 |
| 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 |
LITTLE ROCK BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| Jeff Lynch | President and Chief Executive Officer Eagle Bank & Trust Co. Little Rock, Arkansas |
2024 |
| Christopher B. Hegi | President and Chief Executive Officer 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 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Jamie J. Henry (Chair) |
Vice President, Finance, Emerging Payments Walmart Inc. Bentonville, Arkansas |
2024 |
| Allison J.H. Thompson | President and Chief Executive Officer Economic Development Alliance for Jefferson County, Arkansas Pine Bluff, Arkansas |
2025 |
| Jennifer J. Anglin | Senior Director Fort Smith Operations Pernod Ricard USA Fort Smith, Arkansas |
2026 |
LOUISVILLE BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| Dave W. Christopher, Sr. | Founder and Executive Director AMPED Louisville Louisville, Kentucky |
2024 |
| James A. Hillebrand | Chairman and Chief Executive Officer Stock Yards Bank & Trust Louisville, Kentucky |
2025 |
| Vacancy | 2026 | |
| Carrie A. Warren | President Bank of Buffalo Buffalo, Kentucky |
2026 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Emerson M. Goodwin (Chair) |
Senior Vice President of Business Development ARcare Bentonville, Arkansas |
2024 |
| David Tatman | Assistant Plant Manager and Director of Engineering Bendix Commercial Vehicle Systems Bowling Green, Kentucky |
2025 |
| Condrad Daniels | President HJI Supply Chain Solutions Louisville, Kentucky |
2026 |
MEMPHIS BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| Tyrone Burroughs | President and Chief Executive Officer First Choice Sales and Marketing Group, Inc. Memphis, Tennessee |
2024 |
| 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 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Tracy D. Hall (Chair) |
President Southwest Tennessee Community College Memphis, Tennessee |
2024 |
| Ana Rodriguez | Executive Vice President and Chief People Officer Monogram Foods Memphis, Tennessee |
2025 |
| Vacancy | 2026 |