Federal Reserve Bank of St. Louis
Image of Alberto G. Musalem

Alberto G. Musalem
President and Chief Executive Officer
Federal Reserve Bank of St. Louis

Alberto G. Musalem took office on April 2, 2024, as president and chief executive officer (CEO) of the Eighth District, Federal Reserve Bank of St. Louis.

Prior to his appointment, Dr. Musalem served as CEO and co-chief investment officer of Evince Asset Management LP from 2018–22. From 2014–17, he served as executive vice president of the Federal Reserve Bank of New York and senior advisor to the president. He led the Integrated Policy Analysis Group and the Emerging Markets and International Affairs Group, served on the Bank's Management Committee, and represented the Federal Reserve Bank of New York on the Committee on the Global Financial System of the Bank of International Settlements.

Dr. Musalem served as managing director, partner, and global head of research of Tudor Investment Corporation from 2000–13. Earlier in his career, Dr. Musalem served as economist at the International Monetary Fund. He is a member of the Council on Foreign Relations and the Economic Club of New York.

Dr. Musalem earned a PhD in economics from the University of Pennsylvania. He also holds master's and bachelor's degrees in economics from the London School of Economics and Political Science.

Bank Location

One Federal Reserve Bank Plaza
Broadway and Locust Streets
St. Louis, MO 63102
(314) 444-8444
Mailing information
Visitor Information

Head office at St. Louis, Missouri.

Branch Banks at Little Rock, Arkansas; Louisville, Kentucky; and Memphis, Tennessee.

Covers the state of Arkansas; 44 counties in southern Illinois; 24 counties in southern Indiana; 64 counties in western Kentucky; 39 counties in northern Mississippi; 71 counties in central and eastern Missouri; the city of St. Louis; and 21 counties in western Tennessee.

Website: https://www.stlouisfed.org/

St. Louis district map

Branches

Little Rock
Stephens Building, 111 Center Street, Suite 1000, Little Rock, AR 72201
P.O. Box 1261, Little Rock, AR 72203-1261
(501) 324-8300

Louisville
101 South Fifth Street, Suite 1920, Louisville, KY 40202
(502) 568-9200

Memphis
200 North Main Street, Memphis, TN 38103
P.O. Box 407, Memphis, TN 38101-0407
(901) 523-7171


List of Directors
Class A
Name Title Term expires
December 31
Misty Borrowman President and Chief Executive Officer
Bank of Hillsboro
Hillsboro, Illinois
2024
C. Mitchell Waycaster President and Chief Executive Officer
Renasant Bank
Tupelo, Mississippi
2025
Mardie R. Herndon, Jr. President and Chief Executive Officer
Paducah Bank and Trust Company
Paducah, Kentucky
2026
Class B
Name Title Term expires
December 31
Michael Ugwueke President and Chief Executive Officer
Methodist Le Bonheur Healthcare
Memphis, Tennessee
2024
Penelope Pennington Managing Partner
Edward Jones
St. Louis, Missouri
2025
R. Andrew Clyde President and Chief Executive Officer
Murphy USA Inc.
El Dorado, Arkansas
2026
Class C
Name Title Term expires
December 31
Lal Karsanbhai
(Deputy Chair)
Chief Executive Officer
Emerson Electric Co.
St. Louis, Missouri
2024
Carolyn Chism Hardy
(Chair)
President and Chief Executive Officer
Chism Hardy Investments, LLC
Collierville, Tennessee
2025
Gregory A. Heckman Chief Executive Officer
Bunge Global SA
Chesterfield, Missouri
2026

LITTLE ROCK BRANCH

Appointed by the Federal Reserve Bank:
Name Title Term expires
December 31
Jeff Lynch President and Chief Executive Officer
Eagle Bank & Trust Co.
Little Rock, Arkansas
2024
Christopher B. Hegi President and Chief Executive Officer
First Financial Bank
El Dorado, Arkansas
2025
Denise Thomas Chief Executive Officer
World Trade Center Arkansas, University of Arkansas
Rogers, Arkansas
2026
Darrin Williams Chief Executive Officer
Southern Bancorp, Inc.
Little Rock, Arkansas
2026

 

Appointed by the Board of Governors:
Name Title Term expires
December 31
Jamie J. Henry
(Chair)
Vice President, Finance, Emerging Payments
Walmart Inc.
Bentonville, Arkansas
2024
Allison J.H. Thompson President and Chief Executive Officer
Economic Development Alliance for Jefferson County, Arkansas
Pine Bluff, Arkansas
2025
Jennifer J. Anglin Senior Director Fort Smith Operations
Pernod Ricard USA
Fort Smith, Arkansas
2026


 

LOUISVILLE BRANCH

Appointed by the Federal Reserve Bank:
Name Title Term expires
December 31
Dave W. Christopher, Sr. Founder and Executive Director
AMPED Louisville
Louisville, Kentucky
2024
James A. Hillebrand Chairman and Chief Executive Officer
Stock Yards Bank & Trust
Louisville, Kentucky
2025
Vacancy   2026
Carrie A. Warren President
Bank of Buffalo
Buffalo, Kentucky
2026

 

Appointed by the Board of Governors:
Name Title Term expires
December 31
Emerson M. Goodwin
(Chair)
Senior Vice President of Business Development
ARcare
Bentonville, Arkansas
2024
David Tatman Assistant Plant Manager and Director of Engineering
Bendix Commercial Vehicle Systems
Bowling Green, Kentucky
2025
Condrad Daniels President
HJI Supply Chain Solutions
Louisville, Kentucky
2026


 

MEMPHIS BRANCH

Appointed by the Federal Reserve Bank:
Name Title Term expires
December 31
Tyrone Burroughs President and Chief Executive Officer
First Choice Sales and Marketing Group, Inc.
Memphis, Tennessee
2024
R. Davy Carter Regional President
Home BancShares, Inc.
Jonesboro, Arkansas
2025
Jeff Agee Chairman and Chief Executive Officer
First Citizens National Bank
Dyersburg, Tennessee
2026
Henry N. Reichle, Jr. President and Chief Executive Officer
Staplcotn
Greenwood, Mississippi
2026

 

Appointed by the Board of Governors:
Name Title Term expires
December 31
Tracy D. Hall
(Chair)
President
Southwest Tennessee Community College
Memphis, Tennessee
2024
Ana Rodriguez Executive Vice President and Chief People Officer
Monogram Foods
Memphis, Tennessee
2025
Vacancy   2026
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Last Update: August 20, 2024