Alberto Musalem
Federal Reserve Bank of St. Louis President
From Wikipedia, the free encyclopedia
Alberto G. Musalem is an American economist and financial market practitioner who is the President of the Federal Reserve Bank of St. Louis.[1] He assumed office on 2 April 2024,[1] replacing James Bullard, who quit in order to be a dean at Purdue University.[2]
University of Pennsylvania (PhD)
Alberto Musalem | |
|---|---|
| President of the Federal Reserve Bank of St. Louis | |
| Assumed office April 2, 2024 | |
| Preceded by | Kathleen O’Neill Paese (acting) |
| Personal details | |
| Born | November 15, 1968 |
| Education | London School of Economics (BS, MS) University of Pennsylvania (PhD) |
He is the first Hispanic president of a regional Reserve Bank.[3] In this role, Musalem regularly gives public remarks and speeches on economic conditions and engages with communities in the Eighth Federal Reserve District.[4]
Musalem previously served as CEO and co-CIO of Evince Asset Management LP, a quantitative investment technology company he co-founded in 2018.[2][5] From 2014-2017, Musalem was executive vice president and senior advisor to the president at the Federal Reserve Bank of New York.[6][7]
From 2000-2013, he held several positions at Tudor Investment Corp. Earlier in his career, Musalem served as an economist at the International Monetary Fund.[8]
He graduated from the London School of Economics with a BSc and Msc in economics, and from the University of Pennsylvania with a PhD in economics in 1996.[9]
Personal life
Musalem was born in Bogota, Colombia.[7] He is married to his wife Claudia Pinto, with whom he has three children.[citation needed]