Federal Reserve Bank of Minneapolis
Neel Kashkari

Neel Kashkari
President
Federal Reserve Bank of Minneapolis

Neel Kashkari took office January 1, 2016, as the 13th president and chief executive officer of the Ninth District Federal Reserve Bank, at Minneapolis. In 2017, he serves as a voting member of the Federal Open Market Committee.

Mr. Kashkari was born on July 30, 1973, in Akron, Ohio. He has a bachelor's and a master's degrees in mechanical engineering, both from the University of Illinois at Urbana-Champaign, and an M.B.A. from the Wharton School at the University of Pennsylvania.

Before taking office at the Federal Reserve Bank of Minneapolis, Mr. Kashkari was managing director and member of the executive office at PIMCO. In January 2013, he resigned from the firm to explore a run for public office. In 2014, he was a candidate for governor of California.

Prior to joining PIMCO in 2009, Mr. Kashkari served in the U.S. Department of the Treasury from 2006 to 2009, first as senior adviser to Secretary Henry Paulson and then as assistant secretary of the Treasury. In the latter role, he established and led the Office of Financial Stability and oversaw the Troubled Assets Relief Program (TARP) for both Presidents George W. Bush and Barack Obama.

Before joining the Treasury Department, Mr. Kashkari was a vice president at Goldman Sachs in San Francisco. Previously, he was an aerospace engineer at TRW Corp.

Bank Location

90 Hennepin Avenue
Minneapolis, MN 55401
(612) 204-5000
Visitor Information
Tour

Head office at Minneapolis, Minnesota.

Branch Bank at Helena, Montana.

Covers the states of Minnesota, Montana, North Dakota, and South Dakota; the Upper Peninsula of Michigan; and 26 counties in northern Wisconsin.

Website: https://www.minneapolisfed.org/

Minneapolis district map

Branches

Helena
100 Neill Avenue, Helena, MT 59601
(406) 447-3800


List of Directors
Class A
Name Title Term expires
December 31
Thomas W. Armstrong President
First National Bank of Park Falls
Park Falls, Wisconsin
2017
Randy L. Newman Chairman and Chief Executive Officer
Alerus Financial, NA and Alerus Financial Corp.
Grand Forks, North Dakota
2018
Kate Kelly President and Chief Executive Officer
Minnesota Bank & Trust
Edina, Minnesota
2019
Class B
Name Title Term expires
December 31
Kathleen Neset President
Neset Consulting Service
Tioga, North Dakota
2017
Christine Hamilton Managing Partner
Christiansen Land and Cattle, Ltd
Kimball, South Dakota
2018
Srilata Zaheer Dean, Carlson School of Management
University of Minnesota
Minneapolis, Minnesota
2019
Class C
Name Title Term expires
December 31
MayKao Y. Hang
(Chair)
President and Chief Executive Officer
Amherst H. Wilder Foundation
St. Paul, Minnesota
2017
Harry Melander President
Minnesota Building and Construction Trades Council
St. Paul, Minnesota
2018
Ken Powell
(Deputy Chair)
Chairman and Chief Executive Officer
General Mills
Minneapolis, Minnesota
2019

HELENA BRANCH

Appointed by the Federal Reserve Bank:
Name Title Term expires
December 31
Duane Kurokawa President
Western Bank of Wolf Point
Wolf Point, Montana
2017
Barbara Stiffarm Executive Director
Opportunity Link, Inc.
Havre, Montana
2018
Norma Nickerson Director, Institute for Tourism and Recreation Research
University of Montana
Missoula, Montana
2019
Appointed by the Board of Governors:
Name Title Term expires
December 31
Sarah Walsh Chief Operating Officer
PayneWest Insurance
Helena, Montana
2017
Marsha Goetting (Chair) Professor and Extension Family
  Economics Specialist
Montana State University
Bozeman, Montana
2018

 

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Last Update: April 03, 2017