Alberto Musalem Named President of St. Louis Fed

Musalem to Assume Role in April, Serving Remainder of Bullard's Term

Alberto Musalem, a Georgetown University adjunct professor and former Fed official, has been named the next president of the Federal Reserve Bank of St. Louis and is expected to assume the position in April.
Musalem, 55, is an economist by training with two degrees from the London School of Economics and a doctorate from the University of Pennsylvania.
As president of the St. Louis Fed, Musalem will oversee a staff of roughly 1,500 employees who carry out the reserve bank's various duties, including conducting research, implementing monetary policy, providing financial services and supervising banks in the Federal Reserve's Eighth District.
Musalem will serve for the remainder of Bullard's unfinished term, which ends on Feb. 28, 2026, at which point he will be eligible for reappointment to a full five-year term.
Musalem's selection highlights the recent churn at the Fed’s policymaking body over the past several months, combined with the different set of Fed officials who have voting power this year.