Richmond Fed appoints McKinsey executive its next president

Federal Reserve Bank of Richmond
The Federal Reserve Bank of Richmond

The directors of the Federal Reserve Bank of Richmond have appointed a senior executive at management consultancy McKinsey to serve as its next president and chief executive.

Tom Barkin will take up the role with effect from January 1, 2018, said the Richmond Fed. Margaret Lewis, chair of the Richmond Fed’s board of directors, said the institution was “fortunate to have found an extremely well-qualified individual to serve the Federal Reserve’s Fifth District and the American people”.

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