For immediate release: January 9, 2024
The Federal Reserve Bank of Atlanta announces the retirement of André T. Anderson after more than 40 years of service to the Bank. Anderson has been the first vice president and chief operating officer since July 2018, overseeing day-to-day operations and serving as vice chair of the Sixth District's Executive Leadership Committee.
"André's commitment to the Atlanta Fed is unparalleled. He has been a steadfast and dedicated leader, always driving us to do our best work so that our Bank is doing what it can to help ensure that ours is an economy that works for all," Atlanta Fed president Raphael Bostic said. "I am thankful for the time I got to work closely with him in his current role and for all the years of service he gave to the nation's central bank. I will miss his insights, counsel, and presence daily."
As first vice president, Anderson is a member of the Discount Committee, which reviews District discount window lending and is backup to the Atlanta Fed president in the execution of his monetary policy responsibilities.
A search for Anderson's successor will begin immediately. Pursuant to section 4 of the Federal Reserve Act, the Atlanta Fed's Class B and C directors will appoint the first vice president, subject to the approval of the Federal Reserve Board of Governors, to the remainder of the current term, which expires at the end of February 2026.
Anderson began his career at the Birmingham Branch of the Atlanta Fed in 1984 as a management intern in the Data Processing Department. In January 2002, he transferred to the Atlanta office and became vice president over community affairs in the Supervision and Regulation Division. He was promoted to senior vice president over the Corporate Engagement Division in January 2010.
Over his career, Anderson has served in numerous leadership roles both in the Sixth District and at the System level. He is a member of the Conference of First Vice Presidents and chair of the Committee on Plan Administration. He is involved in various projects and initiatives to enhance the efficiency and effectiveness of the Federal Reserve's System-wide operations.
"Working at the Atlanta Fed has been an honor, and I am proud of the work we do every day to serve the American people," he said. "I was privileged to work alongside some of the brightest, most talented and engaged professionals over the years, and I hope to leave behind a legacy of excellence, integrity, and respect throughout the organization."
A native of Mobile, Alabama, Anderson holds a bachelor's degree in corporate finance from the University of Alabama. He also completed the executive development program at Cornell University and serves on the board of directors of the Atlanta Police Foundation, Atlanta Beltline Partnership, and the Midtown Alliance.
The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. As part of the nation's central banking system, the Federal Reserve Bank of Atlanta participates in setting national monetary policy, supervises numerous commercial banks, and provides a variety of financial services to depository institutions and the US government.