Philadelphia — The Federal Reserve Bank of Philadelphia announces the appointments of Anthony Ibargüen, CEO of Quench USA, Inc. and president of AquaVenture Holdings, Ltd., as a Class B director, and Madeline Bell, president and CEO of the Children’s Hospital of Philadelphia (CHOP), as a Class C director. Birmingham Branch By-Laws. In 2012, Dr. Harker was named a fellow of the Institute for Operations Research and the Management Sciences and a charter fellow of the National Academy of Inventors. Bush in 1991 and served as a special assistant to FBI Director William S. Sessions from 1991-1992. Covers the state of Delaware; nine counties in southern New Jersey; and 48 counties in the eastern two-thirds of Pennsylvania. Bell is chair of the Children’s Hospital Association. The Federal Reserve Bank of Philadelphia announces the appointments of Anthony Ibargüen, CEO of Quench USA, Inc. and president of AquaVenture Holdings, Ltd., as a Class B director, and Madeline Bell, president and CEO of the Children’s Hospital of Philadelphia (CHOP), as a Class C director. Written Agreement by and between ATLANTIC COMMUNITY BANKERS BANK Camp Hill, Pennsylvania and FEDERAL RESERVE BANK OF PHILADELPHIA Philadelphia, Pennsylvania Docket No. PHILADELPHIA, Pa. - Glenn A. Schaeffer and Ronald J. Naples were appointed chairman and deputy chairman respectively of the Philadelphia Federal Reserve Bank's Board of Directors for 2003. As required by the Federal Reserve Act of 1913, each Federal Reserve bank is supervised by a board of directors. Federal Reserve Bank of Atlanta By-Laws | Committee Assignments and Charters. The Federal Reserve Bank of Philadelphia is one of 12 regional Reserve Banks in the United States that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System — the nation’s central bank. The Federal Reserve Bank of Philadelphia, also known as the Philadelphia Fed and the Philly Fed – headquartered at 10 N. Independence Mall West (N. 6th Street) at Arch Street, Philadelphia, Pennsylvania, with an additional entrance at N. 7th Street – is responsible for the Third District of the Federal Reserve, which covers eastern and central Pennsylvania, the nine southern counties of New Jersey, and Delaware. President As provided by the Federal Reserve Act, each of the 12 Reserve Banks is supervised by a nine-member board of directors. Review of Monetary Policy Strategy, Tools, and Communications, Banking Applications & Legal Developments, Financial Market Utilities & Infrastructures, Patrick T. Harker Meet current and past directors.. Just as the Federal Reserve's mission areas are a blend of various components, the nine director seats on each Federal Reserve Bank's Board are filled through a variety of methods. The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. There are nine directors on the board. The Reserve Bank of New Zealand Act 1989 and the Board Charter (PDF 280KB) set out the responsibilities of the Reserve Bank Board and its members. The Act, "Provided for the establishment of Federal Reserve … Ibargüen, who is replacing retiring director Edward Graham, will finish Graham’s remaining two years ending in 2019; Bell will serve the full three-year term. Prior to being appointed dean in 2000, Dr. Harker served as the Wharton School's interim dean and deputy dean as well as the chair of its operations and information management department. PHILADELPHIA - Ronald J. Naples and Doris M. Damm were reappointed chairman and deputy chairman respectively of the Philadelphia Federal Reserve Bank's Board of Directors for 2005. Federal Reserve Bank of Philadelphia. Pursuant to the Federal Reserve Act, each of the 12 Reserve Banks is subject to the supervision of a nine-member board of directors (board). Money in Motion Exhibit. Board of Directors. The Federal Reserve Board has approved an action by the Board of Directors of the Federal Reserve Bank of Philadelphia decreasing the discount rate (the primary credit rate) at the Bank from 2‑3/4 percent to 2-1/2 percent, effective immediately. All rights reserved. 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2020 federal reserve bank of philadelphia board of directors