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 of Minneapolis. In 2020, he serves as a voting member of the Federal Open Market Committee.

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 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.

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 MBA from the Wharton School at the University of Pennsylvania.

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 Senior Vice President and Market President
Forward Bank
Park Falls, Wisconsin
2020
Jeanne H. Crain President and Chief Executive Officer
Bremer Financial Corporation
St. Paul, Minnesota
2021
Brenda K. Foster Chairman, President, and Chief Executive Officer
First Western Bank and Trust
Minot, North Dakota
2022
Class B
Name Title Term expires
December 31
Kathleen Neset President
Neset Consulting Service
Tioga, North Dakota
2020
Sarah Walsh Chief Operating Officer
PayneWest Insurance
Helena, Montana
2021

David R. Emery

Retired Executive Chairman
Black Hills Corporation
Rapid City, South Dakota
2022
Class C
Name Title Term expires
December 31
Srilata Zaheer
(Chair)
Dean, Carlson School of Management
University of Minnesota
Minneapolis, Minnesota
2020
Harry D. Melander
(Deputy Chair)
 
President
Minnesota Building and Construction Trades Council
St. Paul, Minnesota
2021
Christopher M. Hilger
 
Chairman, President, and Chief Executive Officer
Securian Financial
St. Paul, Minnesota
2022

HELENA BRANCH

Appointed by the Federal Reserve Bank:
Name Title Term expires
December 31
William E. Coffee Chief Executive Officer
Stockman Financial Corporation
Billings, Montana
2020
Jason Adams Chief Financial Officer
Energy Keepers, Inc.
Polson, Montana
2021

Mary Rutherford

President and Chief Executive Officer
Montana Community Foundation
Helena, Montana

2022
Appointed by the Board of Governors:
Name Title Term expires
December 31
Norma Nickerson
(Chair)
Director, Institute for Tourism and Recreation Research
University of Montana
Missoula, Montana
2020
Bobbi Wolstein Chief Financial Officer
LHC, Inc.
Kalispell, Montana
2021

 

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Last Update: June 18, 2020