Musalem to lead St. Louis Fed

The Federal Reserve Bank of St. Louis today announced that Alberto Musalem will be its next president and CEO, effective April 2. Musalem most recently was CEO, co-chief investment officer and co-founder of Evince Asset Management, a quantitative investment technology company. He previously was EVP and senior advisor to the president at the New York Fed. He succeeds Jim Bullard, who resigned in July 2023.