Alberto Musalem
Alberto Musalem | |
|---|---|
| President of the Federal Reserve Bank of St. Louis | |
| Assumed office April 2, 2024 | |
| Preceded by | Kathleen O’Neill Paese (acting) |
| Personal details | |
| Born | November 15, 1968 Bogotá, Colombia |
| Education | London School of Economics (BS, MS) University of Pennsylvania (PhD) |
Alberto G. Musalem is an American economist and banker who is the President of the Federal Reserve Bank of St. Louis. He assumed office on 2 April 2024, replacing James Bullard, who quit in order to be a dean at Purdue University. He is the second Hispanic policymaker to be appointed to a position in the Federal Reserve, after Adriana Kugler.
Musalem previously served as CEO and co-CIO of Evince Asset Management LP, a quantitative investment technology company he co-founded in 2018. From 2014-2017, Musalem was executive vice president and senior advisor to the president at the Federal Reserve Bank of New York.
From 2000-2013, he held several positions at Tudor Investment Corp. Earlier in his career, Musalem served as an economist at the International Monetary Fund.
He graduated from the London School of Economics with a BSc and Msc in economics, and from the University of Pennsylvania with a PhD in economics in 1996.