For Immediate Release: Jan. 19, 2011
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 began Jan. 1, 2011, and ends Dec. 31, 2011.
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 was named president and chief executive officer of Bank One, Louisiana, in the New Orleans region.
Byrd's community and civic affiliations include serving as a Greater New Orleans Foundation board member; Eaglebrook School–Deerfield, Mass., board of trustees member; Episcopal School of Acadiana—Lafayette, La., board member; Louisiana Association of Business and Industry board member and executive committee member; Committee of 100 member; Lafayette Downtown Development Authority board member and Louisiana State University's E.J. Ourso College of Business Administration, Executive Board of Advisors board member.
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.