St. Louis Fed Announces Changes to Board of Directors

1/25/2008

ST. LOUIS — The Federal Reserve Bank of St. Louis announced the following changes to its board of directors:

Irl F. Engelhardt, chairman of Patriot Coal Corp. in St. Louis, Mo., was reappointed chair of the board of directors of the Federal Reserve Bank of St. Louis. Engelhardt is also a member of the boards of directors of Valero Energy Corporation and The Williams Companies Inc.

Cynthia J. Brinkley, president of AT&T Missouri, was reappointed deputy chair of the St. Louis Fed's board of directors. Brinkley is also a member of the boards of directors of Civic Progress and BackStoppers, and chair of the Saint Louis Symphony Orchestra.

Robert G. Jones, president and chief executive officer of Old National Bancorp in Evansville, Ind., has been elected to the St. Louis Fed's board of directors. He is also a member of the boards of directors of Ashland University, the Economic Development Coalition of Southwest Indiana and Deaconess Hospital.

Gregory M. Duckett, senior vice president and corporate counsel of Baptist Memorial Health Care Corp. in Memphis, Tenn., has been elected to fill the unexpired portion of a three-year term on the St. Louis Fed's board of directors. He is also a member of the boards of directors of the American Health Lawyers Association and the Tennessee Hospital Association, and a member of the Tennessee Board of Regents.

Paul T. Combs, president of Baker Implement Company in Kennett, Mo., has been re-elected to the St. Louis Fed's board of directors. He is also a member of the executive board of the Greater St. Louis Area Council of Boy Scouts of America, vice chairman of the USA Rice Federation and a member of the American Institute of Certified Public Accountants.

With branches in Little Rock, Louisville and Memphis, the Federal Reserve Bank of St. Louis serves the Eighth Federal Reserve District, which includes all of Arkansas, eastern Missouri, southern Indiana, southern Illinois, western Kentucky, western Tennessee and northern Mississippi. The St. Louis Fed is one of 12 regional Reserve banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, regulates state-chartered member banks and bank holding companies, and provides payment services to financial institutions and the U.S. government.

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