For immediate release: April 2, 2012
David Altig has been named executive vice president and director of research, announced Dennis Lockhart, Federal Reserve Bank of Atlanta president and chief executive officer. Lockhart also announced the appointment of Brian Bowling to vice president and general auditor, and the promotions of Michael Chriszt to vice president and Princeton Rose to assistant vice president.
Altig advises Lockhart on monetary policy and related matters in addition to overseeing the Bank's regional executives, the Bank's research department, and the District's community and economic development function. He also serves as a member of the Bank's management and discount committees. Through his leadership, the Bank's research team created the Regional Economic Information Network (REIN), which generates economic intelligence from a variety of sources in the Southeast to support the Federal Reserve's formulation and implementation of sound monetary policy. Altig joined the Atlanta Fed in 2007 as senior vice president. He worked at the Cleveland Fed from 1991 to 2007, eventually serving as assistant director of research. Altig earned his bachelor's degree in business administration from the University of Iowa and his master's and doctoral degrees in economics from Brown University.
Bowling assumes responsibility for the Bank's auditing department and will serve as general auditor and adviser to the Bank's management committee. He will replace Lois Berthaume, senior vice president and general auditor, who is retiring April 1, 2012. Bowling became vice president in the supervision and regulation division with responsibility for financial sector policy analysis, real estate market analysis, and the credit and risk management department in 2010. He joined the Atlanta Fed in 1999 as head of the policy and supervisory studies group. Bowling was promoted to assistant vice president in 2005 and assumed responsibility for credit and risk management in 2007. Prior to joining the Atlanta Fed, he spent eight years as a senior banking analyst and commissioned bank examiner with the Federal Deposit Insurance Corporation. Bowling earned a bachelor's degree in finance from Marshall University and a master's degree in banking and financial management from Boston University. He also holds the chartered financial analyst (CFA) professional designation and is a member of the Atlanta Society of Financial Analysts and the CFA Institute.
Chriszt assumes responsibility for the Bank's Real Estate Analytics Center and will continue to serve as officer for the research department's REIN efforts. Before being promoted to assistant vice president in 2009, he was director of international and regional analysis with responsibility for analysis of economic conditions in the Sixth District as well as international economic developments. Chriszt joined the Bank in 1989 and moved to the research department in 1990. He received two bachelor's degrees, one in history and one in foreign affairs, and a master's degree in political science at Miami University in Ohio. Chriszt is a graduate of executive education programs at Duke University's Fuqua School of Business and the University of Virginia's Darden Graduate School of Business Administration.
Rose becomes an assistant vice president in the Division of Supervision and Regulation and will continue in his capacity as the central point of contact for a large financial institution headquartered in the Southeast. Rose joined the Bank in 1992 as an examiner and has served in a number of roles with increasing responsibility. Before joining the Atlanta Fed he was a vice president at Citicorp North America in Georgia and the Bank of New York and Irving Trust Company in New York. Rose earned a bachelor's degree in business and marketing from Long Island University.
The Atlanta Fed is a part of the nation's central banking system, which Congress created in 1913. The Federal Reserve conducts monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices, supervises and regulates banking institutions, and helps ensure that the nation's payments systems operate smoothly. The Atlanta Fed serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and sections of Louisiana, Mississippi and Tennessee. The Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks and provides a variety of financial services to depository institutions and the U.S. government.