Alabama Port Authority CEO Named to Atlanta Fed Reserve Bank New Orleans Branch
The Federal Reserve Bank (Fed) of Atlanta announced the appointment of John C. Driscoll, director and chief executive officer of the Alabama Port Authority, to its New Orleans Branch board of directors. The board of governors appointed Mr. Driscoll to serve a three-year term ending Dec. 31, 2024.
The Fed is the U.S. central bank responsible for overseeing the monetary system of a nation. The central bank is made of 12 reserve banks as well as the Washington, DC-based Board of Governors. The Atlanta Fed territory includes Alabama, Florida, Georgia, and portions of Louisiana, Mississippi, and Tennessee with branches in Birmingham, Jacksonville, Miami, Nashville, and New Orleans. Fed appointments represent industry expertise from all parts of the economy, including but not limited to bankers, manufacturers, labor representatives, and the hospitality industry. These appointees provide insight into their own industries and relay key drivers in regional economies.