Barkin tapped as next president of Richmond Fed bank
Thomas Barkin (Source: Federal Reserve)
By MARTIN CRUTSINGER AP Economics Writer
WASHINGTON (AP) - The Federal Reserve's Richmond regional bank is announcing that Thomas Barkin, a senior executive at global management consulting firm McKinsey & Co., will be the bank's next president.
Barkin, 56, who will take over at the Richmond bank on Jan. 1, will be a voting member next year of the Federal Open Market Committee, the panel of Fed board members and regional bank presidents, who set interest-rate policies for the central bank.
Barkins' appointment was announced Monday by Margaret Lewis, who headed the bank's search committee. Barken is currently the chief risk officer at McKinsey & Co.
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Thursday, June 8 2017 2:45 PM EDT2017-06-08 18:45:31 GMT
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