Alberto G. Musalem is an American economist and banker 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 second Hispanic policymaker to be appointed to a position in the Federal Reserve, after Adriana Kugler.
Musalem previously served as CEO and co-CIO of Evince Asset Management LP, a quantitative investment technology company he co-founded in 2018. From 2014-2017, Musalem was executive vice president and senior advisor to the president at the Federal Reserve Bank of New York.
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.
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 his wife Claudia Pinto, with whom he has three children.
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