Broward College President Appointed to Federal Reserve Bank of Atlanta’s Board of Directors

FORT LAUDERDALE, FLA (January 14, 2021) -- The Federal Reserve Bank of Atlanta has appointed Broward College President Gregory Adam Haile, J.D., to serve as a Class B director on its board of directors from January 1, 2021, through December 31, 2023. Class B directors represent commerce, industry, agriculture, labor, and consumers.

“I am humbled by this privilege of a lifetime, to serve on the board of the Federal Reserve Bank of Atlanta.  The Atlanta Fed and Broward College not only have overlapping goals to maximize employment, but an overlapping spirit to seek equitable opportunity for all,” said President Haile. “This privilege is especially important as we enhance equity not only in  Broward County,  but across our great nation.”

Since assuming office in 2018, President Haile has focused his efforts on strengthening the College financially and improving economic development in the community through the College's new business model – Broward UP™. The model aims to improve access to higher education for residents in six Broward County zip codes with disproportionately high unemployment rates, low education attainment, and low household income.

“I’m pleased President Haile agreed to serve on the board of directors for the Federal Reserve Bank of Atlanta,” said Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta. “Our board members play a vital role in providing essential insights on economic conditions throughout the District and helping to inform monetary policy deliberations. Their invaluable perspectives help us as we work to ensure the economy works for all our citizens and communities.”

Each of the nation's 12 Federal Reserve Banks has a nine-member board of directors. The board of directors of the Federal Reserve Bank of Atlanta oversee the management of the bank's operations and recommends changes in the discount rate. Board members also contribute to the formulation of U.S. monetary policy through the economic information they provide the bank's president. 

To view the full board of directors, visit here. 

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