St. Louis Fed Appoints New Industry Council Members

ST. LOUIS – The Federal Reserve Bank of St. Louis has appointed three new members to its Industry Councils.

• Ash Bhumbla, senior vice president and CFO of the Chicken & International Segments at Tyson Foods in Springdale, Ark., has been named to the Agribusiness Industry Council.
• Justin Davison, president and CEO of Saint Francis Healthcare System in Cape Girardeau, Mo., has been named to the Health Care Industry Council.
• Tony Urban, executive vice president and president of Transportation Information Services at Cass Information Systems Inc. in St. Louis, has been named to the Transportation Industry Council.

The St. Louis Fed created four District Industry Councils in 2006, each designed to provide important feedback about economic conditions in key Eighth District industry sectors. The members’ observations—along with the economic data developed through the Federal Reserve Board’s Beige Book and meetings of the Reserve Bank’s board of directors—help ensure conditions in Main Street America are represented in monetary policy deliberations in Washington.

Each council is supported by one of the St. Louis Fed’s four offices: St. Louis (real estate); Little Rock, Ark. (agribusiness); Louisville, Ky. (health care); and Memphis, Tenn. (transportation). The councils meet twice a year.