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New president, CEO named for Kansas City Fed

Esther George, first vice president and chief operating officer of the Federal Reserve Bank of Kansas City, has been appointed president and chief executive officer of the Bank. She will succeed Thomas M. Hoenig, who is retiring from the Bank on Oct. 1 as required by mandatory Federal Reserve retirement rules for presidents.

From 2001 through her appointment to first vice president in 2009, George was senior vice president in charge of the Division of Supervision and Risk Management. In that position, she was responsible for the supervision and regulation of the District's 170 state-chartered member banks and nearly 1,000 bank and financial holding companies, as well as the Bank's discount window and risk management functions.

George's appointment to president, which was made by the Bank's directors and approved by the Board of Governors, followed a nearly six month-long search.

You can read more about George and her appointment to president/CEO by clicking here.

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