St. Louis Fed names Alberto Musalem president

Alberto G. Musalem will take over as president of the Federal Reserve Bank of St. Louis on April 2, the bank announced Thursday.

Musalem, an economist, and former executive vice president of the Federal Reserve Bank of New York, “served as CEO and co-chief investment officer of Evince Asset Management LP (2018-’22), a quantitative investment technology company that he co-founded in 2018. He executed on the company’s business and investment strategies, product development, stakeholder engagement, culture, resource alignment, planning and evaluation,” the Fed said.