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President Nominates Community Banker to Fed Board

Posted on 1/7/2015

President Obama yesterday nominated Al Landon to one of the two vacant seats on the Federal Reserve Board. Landon served from 2004 to 2010 as chairman and CEO of Bank of Hawaii Corporation and currently is a partner at a community bank investment fund. He recently served as a director at MidFirst Bank in Oklahoma City.

ABA President and CEO Frank Keating welcomed the news. "ABA has long advocated for community banking expertise on the Fed board, and we applaud President Obama's important nomination," he said. "Allan Landon's background and experience would help ensure the Federal Reserve has a full perspective on both bank regulatory issues and broader economic policy."



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