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October 1, 2009

Richmond Fed Names New Officers

Richmond, VA

The Federal Reserve Bank of Richmond announces the following officer promotions:

Effective Oct. 1, 2009:

James T. Nowlin was named assistant vice president, with responsibility for the operations area of the Law Enforcement Unit. Nowlin joined the Federal Reserve Bank of Richmond’s Law Enforcement Unit in 2007 as a senior manager. A native of Martinsville, Va., he earned a B.S. degree in organizational management and development from Bluefield College in Bluefield, Va.

Effective Sept. 28, 2009:

James K. Hayes (Jim) was named assistant vice president, with responsibility for the Corporate Planning Department. Prior to joining the Federal Reserve Bank of Richmond, he was director of business development at Eaton Corp., Electrical Sector. A native of Lancaster, Pa., Mr. Hayes earned a B.S.F.S. degree in international economics from Georgetown University in Washington, D.C., in 1983, a M.P.A. degree in economics and policy from Princeton University, Woodrow Wilson School of Public and International Affairs in 1985 and a M.B.A. degree in finance and accounting from the University of Chicago, Booth Graduate School of Business in 1989. He also earned a doctor of management degree from Case Western University's Weatherhead School of Management in May 2009.

The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.


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