News Releases

Jan. 20, 2023

Richmond Fed Announces Director Appointments

State member banks of the Federal Reserve Bank of Richmond have elected the following director:

Alice P. Frazier, president and chief executive officer of Potomac Bancshares, Inc., and Bank of Charles Town, West Virginia, was elected as a Class A director.

The Board of Governors of the Federal Reserve System has appointed the chair and deputy chair of the Board of Directors of the Federal Reserve Bank of Richmond for 2023. 

Jodie McLean, chief executive officer of EDENS in Washington, D.C., was appointed as chair.

Lisa Hamilton, president and chief executive officer of the Annie E. Casey Foundation in Baltimore, Maryland, was appointed as deputy chair.

The Board of Directors of the Federal Reserve Bank of Richmond has appointed the chair of its Charlotte board for 2023.

Bernie W. Mazyck, president and chief executive officer, South Carolina Association for Community Economic Development in Charleston, South Carolina.

The Richmond Fed acknowledges and thanks the following directors who have completed their service:

Eugene A. Woods, president and chief executive officer of Atrium Health in Charlotte, North Carolina.

William A. Loving Jr., president and chief executive officer of Pendleton Community Bank in Franklin, West Virginia.

The Richmond Fed also thanks Brian T. Moynihan, chairman and chief executive officer of Bank of America, who has concluded his service on the Federal Advisory Council.

As part of our nation’s central bank, the Richmond Fed is one of 12 regional Reserve Banks working together with the Board of Governors to support a healthy economy and deliver on our mission to foster economic stability and strength. We connect with community and business leaders across the Fifth Federal Reserve District — including the Carolinas, District of Columbia, Maryland, Virginia, and most of West Virginia — to monitor economic conditions, address issues facing our communities, and share this information with monetary and financial policymakers. We also work with banks to ensure they are operating safely and soundly, supply financial institutions with currency that’s fit for distribution, and provide a safe and efficient way to transfer funds through our nation’s payments system.

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