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For immediate release: June 29, 2011

Atlanta Fed Names Gibilterra Assistant Vice President

Jennifer Gibilterra has been named assistant vice president in the supervision and regulation division of the Federal Reserve Bank of Atlanta, announced Dennis Lockhart, president and chief executive officer of the Atlanta Fed. Gibilterra assumes responsibility for the division's talent management and performance management initiatives. Gibilterra's promotion takes effect July 16, 2011.

A former Atlanta Fed employee, Gibilterra joined the New Orleans Branch in 1993 as a management associate in accounting and held positions of increasing responsibility in her career. In 2004, she transferred to Atlanta as financial services director of the check function office. Gibilterra was promoted to assistant vice president of payment services in 2006 and represented the District on the systemwide check standardization and check modernization efforts. She also assisted with leadership of the National Best Practices Work Group.

Gibilterra left the Bank in 2007 to serve as senior vice president of Nexity Bank. She returned to the Federal Reserve Bank of Richmond in 2010 as manager of support services for the enterprise information technology strategies server management transition project. In this role, she managed the human resources arm of the project, coordinating personnel activities with a focus on managing virtual teams.

Gibilterra completed her undergraduate studies with dual degrees in economics and philosophy from Loyola University and completed executive development programs at Harvard and Columbia universities.

The Atlanta Fed is a part of the nation's central banking system, which Congress created in 1913. The Federal Reserve conducts monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices, supervises and regulates banking institutions, and helps ensure that the nation's payments systems operate smoothly. The Atlanta Fed serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and sections of Louisiana, Mississippi and Tennessee. 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.