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Press Release

Cleveland Fed Announces Appointments to Cleveland, Cincinnati, and Pittsburgh Boards and Federal Advisory Council

The Federal Reserve Bank of Cleveland announced the following appointments to its main office and branch boards of directors and to the Federal Advisory Council. All appointments were effective January 1, 2010.

Federal Reserve Bank of Cleveland

Alfred M. Rankin, Jr., chairman, president and chief executive officer of NACCO Industries, Inc., Cleveland, Ohio, was appointed chairman of the board of directors of the Federal Reserve Bank of Cleveland for 2010. Rankin has served as deputy chair of the Cleveland Reserve Bank since 2007 and as a Bank director since 2006.

Richard K. Smucker, executive chairman and co-chief executive officer, The J.M. Smucker Company, Orrville, Ohio, was appointed deputy chairman of the board for 2010.

C. Daniel DeLawder, chairman and chief executive officer, Park National Bank, Newark, Ohio, was reelected a director.Susan Tomasky, president, AEP Transmission, Columbus, Ohio, was reelected a director.

Cincinnati Branch

James M. Anderson, immediate past president and chief executive officer of the Cincinnati Children's Hospital Medical Center, Cincinnati, Ohio, was reappointed chairman of the board of the Cincinnati Branch of the Federal Reserve Bank of Cleveland for 2010. Anderson has served as chairman of the Cincinnati Branch board since 2005.

Donald E. Bloomer, president and chief executive officer, Citizens National Bank, Somerset, Kentucky, was reappointed a director of the Cincinnati Branch of the Federal Reserve Bank of Cleveland.

Daniel B. Cunningham, president and chief executive officer, Long-Stanton Manufacturing Companies, Cincinnati, Ohio, was reappointed a director of the Cincinnati Branch of the Federal Reserve Bank of Cleveland.

Pittsburgh Branch

Sunil T. Wadhwani, co-chairman, iGATE Corporation, Pittsburgh, Pennsylvania, was reappointed chairman of the board of the Pittsburgh Branch of the Federal Reserve Bank of Cleveland for 2010. He has served as chairman of the Pittsburgh Branch broad since 2008.

Robert A. Paul, chairman and chief executive officer, Ampco-Pittsburgh Corporation, Pittsburgh, Pennsylvania, was reappointed a director of the Pittsburgh Branch of the Cleveland Reserve Bank.

Margaret Irvine Weir, president, NexTier Bank, Butler, Pennsylvania, was reappointed a director of the Pittsburgh Branch of the Cleveland Reserve Bank.

Federal Advisory Council

Henry L. Meyer III, chairman and chief executive officer, KeyCorp, Cleveland, Ohio, was reappointed to a one-year term as the Fourth Federal Reserve District's representative on the Federal Advisory Council.

The Federal Advisory Council is composed of representatives of the banking industry from each of the 12 Federal Reserve Districts. The Council consults with and advises the Board of Governors of the Federal Reserve System on general business conditions and issues related to the financial services industry.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.455.4479