Padrón Appointed to the Federal Reserve Bank of Atlanta's Miami Branch Board of Directors

For immediate release: March 9, 2009

Eduardo J. Padrón, president of Miami Dade College, has been appointed to the board of directors of the Federal Reserve Bank of Atlanta's Miami Branch. Padrón will complete the unexpired term of Marvin O'Quinn; that term expires Dec. 31, 2009.

Padrón joined Miami Dade College's faculty in 1971 and served in various roles including assistant professor, director and academic dean before being appointed president in 1995. He was recently appointed chairman of the Association of American Colleges and Universities.

Padrón is a member of the board of directors of the American Council on Education, the American Association of Hispanics in Higher Education, and the Business/Higher Education Forum. He serves on the advisory board for the Holocaust Documentation and Education Center and the board of trustees of Carnegie Foundation for the Advancement of Teaching. Padrón is also on the editorial boards of University Business, The Hispanic Outlook in Higher Education and The Presidency.

Padrón started college at Miami Dade College and received his bachelor's degree in economics summa cum laude from Florida Atlantic University, where he was valedictorian. He earned his master's degree and doctorate in economics from the University of Florida.

Federal Reserve Bank of Atlanta branch directors provide economic information from the branch territory to the district Bank's president and head office directors, who use the information in formulating monetary policy and making discount rate recommendations. Padrón was appointed to the board of directors of the Federal Reserve Bank of Atlanta's Miami Branch by the Federal Reserve Board of Governors in Washington, D.C. The Board of Governors appoints three of the directors of the Miami Branch, and the Atlanta head office directors appoint four.

Contact: Jean Tate 404-498-8035