The Federal Reserve Bank of Atlanta announces the designation of Gregory A. Haile as the 2025 chair of its board of directors and James O. Etheredge as the 2025 deputy chair. Both are Class C directors, designated by the Board of Governors. Haile is an equity partner at Strategos Group, senior fellow at the Mossavar Rahmani Center for Business and Government at the Harvard Kennedy School, and former president of Broward College in Fort Lauderdale, Florida. He is a graduate of Arizona State University and the Columbia University School of Law. Etheredge served as chief executive officer of Accenture North America from 2019 to August 2023 and as special adviser to the chief executive officer and the board until July 2024. He is a graduate of the Georgia Institute of Technology. 

Additionally, Ana M. Menendez was appointed by the Board of Governors to a three-year term as a Class C director ending December 31, 2027. Menendez is chief financial officer and treasurer of Watsco Inc. in Miami, Florida. She is a member of the American Institute of Certified Public Accountants and a graduate of the University of Miami. 

G. Janelle Frost has been elected by Group 3 member banks to a three-year term as a Class B director ending December 31, 2027. Frost is president and chief executive officer of AMERISAFE Inc. in DeRidder, Louisiana. She is a graduate of McNeese State University. 

The remaining Atlanta Fed directors are: 

• William Y. Carroll Jr., president and chief executive officer of SmartBank in Knoxville, Tennessee (Class A, term expires December 31, 2027), 

• Cythnia N. Day, president and chief executive officer of Citizens Trust Bank in Atlanta (Class A, term expires December 31, 2025), 

• Michael E. Longo, president and chief executive officer of Hibbett Inc. in Birmingham, Alabama (Class B, term expires December 31, 2026), 

• Nicole B. Thomas, president of Baptist Medical Center Jacksonville in Jacksonville, Florida (Class B, term expires December 31, 2025), and 

• Rajinder P. Singh, chairman, president, and chief executive officer of BankUnited Inc. in Miami Lakes, Florida (Class A, term expires December 31, 2026). 

The Atlanta board of directors has reappointed John M. Turner Jr. to serve on the Sixth District Federal Advisory Council for a one-year term ending December 31, 2025. Turner is chairman, president, and chief executive officer of Regions Financial Corporation in Birmingham, Alabama. He is a graduate of the University of Georgia. 

Each of the nation’s 12 Federal Reserve Banks has a nine-member board of directors. Three Class A directors are bankers and elected by national and state-chartered banks that are members of the Federal Reserve System. Three Class B directors are also elected by these banks but represent commerce, industry, agriculture, labor, and consumers. Three Class C directors represent the same broad array of public interests but are appointed by the Board of Governors in Washington, DC. The Reserve Bank’s chair and deputy chair must be Class C directors. 

The board of directors of the Federal Reserve Bank of Atlanta oversees the management of the bank’s operations and recommends changes in the discount rate. Board members also contribute to the formulation of US monetary policy through the economic information they provide the bank’s president.