Atlanta Fed Names Davenport Senior Vice President

For immediate release: April 1, 2010

Leah Davenport has been named a senior vice president, announced Dennis Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta. Davenport assumes senior officer responsibility for the Atlanta Fed's financial services and also has oversight of the District Cash Function Office, facilities and law enforcement. Davenport's promotion takes effect on April 1, 2010.

Most recently, Davenport served as vice president with responsibility for the check, facilities and law enforcement functions at the Atlanta Fed from 2008 to 2010. She joined the Nashville Branch in June 1990 as a management intern in the payment services department. After serving in various management roles, Davenport was promoted in 1994 to manager then becoming financial services director in 1995 and assistant vice president in 1999. She was promoted to vice president in 2003. Davenport earned a bachelor's degree in finance from Tennessee Technological University. She completed the Tennessee School of Banking program sponsored by the Tennessee Bankers Association at Vanderbilt University. Davenport also attended executive development programs at the University of Virginia, University of Pennsylvania and Columbia University.

Lockhart also announced two organizational changes at the Atlanta Fed. Anne DeBeer, senior vice president and chief technology officer, assumes responsibility as chief financial officer for financial management and planning as well as financial statistics and structure analysis; she will also maintain leadership of automation operations, end user services, information security, systems, and business continuity. Christopher Brown assumes responsibility for analysis of issues strategic to the Bank and the Federal Reserve System. He will also be responsible for implementation of a financial management strategic plan and the District's environmental program.

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 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.

Contact: Jean Tate 404-498-8035