Fed appoints regional bank board chairs and vice chairs

Core Insights - The Federal Reserve Board has announced the leadership appointments for its 12 regional banks for the current year [1] Group 1: Leadership Appointments - Lal Karsanbhai, CEO of Emerson Electric Co, has been appointed as the chair of the St. Louis Fed [1] - Tim Sweeney, CEO of Liberty Mutual Insurance, has been appointed as the deputy chair of the Boston Fed [1]