For immediate release: Dec. 21, 2012
Daryl G. Byrd, president and chief executive officer of IBERIABANK Corp. and IBERIABANK, headquartered in Lafayette, La., was appointed to the Federal Reserve Board of Governors' Federal Advisory Council (FAC). His term begins Jan. 1, 2013, and ends Dec. 31, 2013.
Byrd joined IBERIABANK in 1999 and serves on the boards of directors of IBERIABANK Corp. and IBERIABANK. Byrd began his banking career in 1980 with Trust Company Bank of Georgia (now SunTrust). He then worked for BB&T until 1985, when he moved from North Carolina to Louisiana to lead commercial lending activities for First National Bank of Lafayette, a subsidiary of First Commerce Corp. In 1990, he was named president and chief executive officer of Rapides Bank and Trust Co. in Alexandria, La., another First Commerce Corp. bank. In 1992, he moved to First National Bank of Commerce, the lead bank for First Commerce Corp., as executive vice president in charge of the commercial banking and mortgage banking groups. Following the merger of First Commerce and Bank One, Byrd became president and chief executive officer of Bank One, Louisiana, in the New Orleans region.
Byrd's community and civic affiliations include serving as a board member for the Greater New Orleans Foundation; member of the board of trustees for Eaglebrook School–Deerfield, Mass; board and executive committee member of the Louisiana Association of Business and Industry; member of the Committee of 100, the Order of St. John and the Tulane Business Council; and board member of Louisiana State University's E.J. Ourso College of Business Administration, Executive Board of Advisors. He received a BS degree from Samford University in 1976 and an MBA degree from the University of Alabama at Birmingham in 1978.
The FAC is composed of 12 representatives of the banking industry. The FAC meets several times a year to consult with and advise the Board of Governors on all matters within the Board's jurisdiction. Each Reserve Bank chooses one FAC member to represent its district, and the members elect their own officers.