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FRB of Atlanta Chief Keynotes Chamber Annual Meeting

FRB of Atlanta Chief Keynotes Chamber Annual Meeting

Dennis P. Lockhart, president and CEO of the Federal Reserve Bank (FRB) of Atlanta, will deliver the keynote address at the Chamber’s Annual Meeting on August 26. The luncheon will take place from 11 a.m. to 1 p.m. at the Convention Center.

As president of the Atlanta FRB, Lockhart heads one of the 12 regional Reserve Banks, which, with the Board of Governors, make up the Federal Reserve System, the nation’s central bank. The Atlanta FRB is responsible for the Sixth Federal Reserve District, which encompasses Alabama, Florida and Georgia and portions of Louisiana, Mississippi and Tennessee.

Lockhart has responsibility in setting national monetary policy, supervising numerous banking organizations, and providing a variety of payment services to financial institutions and the U.S. government.

He also represents the Sixth Federal Reserve District at meetings of the Federal Open Market Committee, the policymaking body within the Federal Reserve that sets monetary policy for the nation.

Prior to joining the Atlanta Fed, Lockhart served on the Advisory Committee of the U.S. Export-Import Bank in 1999 and 2000 and chaired the committee in 2000.

Lockhart also served as a member of the board of directors of CapitalSource Inc., a REIT/finance company; Tri-Valley Corporation, an independent oil, gas, and mining exploration firm; and Greenfield Holdings Credit Ltd., a joint venture agribusiness finance subsidiary of DuPont Corp. and Bunge Corp. in Brazil.

The Chamber speaker was a chairman of the Small Enterprise Assistance Funds, a nonprofit operator of emerging markets venture capital funds. He serves on the board of directors and the executive committee of the Metro Atlanta Chamber of Commerce.

Lockhart received a B.A. in political science and economics from Stanford University and an M.A. in international economics and American foreign policy from the Johns Hopkins University School of Advanced International Studies.

He held both domestic and international positions with Citicorp/Citibank between 1971 and 1988, working in Greece and the Middle East, among other locations. Lockhart served as senior corporate officer of the Southeast office of Citibank from 1978 to 1986 and was head of the firm’s Latin American debt-to-equity swap investment program.

The Atlanta FRB head served as executive vice president of Heller Financial from 1988 to 2001. During this time, he was president of Heller International Group, which had activities in commercial banking, finance and merchant banking around the world.

To make a reservation for the Annual Meeting luncheon call 423.763.4366 or email events@chattanoogachamber.com.

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