Alberto G. Musalem is an American economist and financial market practitioner who is the President of the Federal Reserve Bank of St. Louis. He assumed office on 2 April 2024, replacing James Bullard, who quit in order to be a dean at Purdue University.
He is the first Hispanic president of a regional Reserve Bank. In this role, Musalem regularly gives public remarks and speeches on economic conditions and engages with communities in the Eighth Federal Reserve District.
Musalem previously served as CEO and co-CIO of Evince Asset Management LP, a quantitative investment technology company he co-founded in 2018."St. Louis Fed selects Alberto Musalem as next President and CEO". Talk Business & Politics. Retrieved 4 December 2024."Economist Alberto Musalem named new head of St. Louis Fed". Axios. Retrieved 13 December 2024. From 2014-2017, Musalem was executive vice president and senior advisor to the president at the Federal Reserve Bank of New York."Economist Alberto Musalem Named Next President of St. Louis Fed". The Wall Street Journal. Retrieved 4 December 2024."St. Louis Fed names Alberto Musalem as its new president". CNN. Retrieved 13 December 2024.
From 2000-2013, he held several positions at Tudor Investment Corp. Earlier in his career, Musalem served as an economist at the International Monetary Fund."Alberto G. Musalem to Join Freddie Mac Board of Directors". Freddie Mac. Retrieved 4 December 2024.
He graduated from the London School of Economics with a BSc and Msc in economics, and from the University of Pennsylvania with a PhD in economics in 1996.
Personal life Musalem was born in Bogota, Colombia. He is married to Claudia Pinto, with whom he has three children.
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