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2006 News Releases

For immediate release:
December 20, 2006

Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org

Blake Hastings Named Head of Federal Reserve’s San Antonio Branch

DALLAS—San Antonio resident Blake Hastings has been named vice president in charge of the Federal Reserve Bank of Dallas’ San Antonio Branch, the Bank announced today. He will assume his new position in January.

Currently, Hastings is executive director of Free Trade Alliance San Antonio, whose mission is to develop and enhance the international trade-related economic development of San Antonio and the region through foreign investment, trade development and advocacy efforts.

“Blake is an outstanding individual who will provide excellent leadership for the Federal Reserve in San Antonio. His knowledge of San Antonio and central and south Texas will be an asset in directing the branch as it serves the financial and economic needs of the area,” said Richard Fisher, president and chief executive officer of the Dallas Fed.

“The San Antonio Branch serves a large, economically diverse region,” said Elizabeth Chu Richter, chairman of the San Antonio Branch board of directors. “Blake is very well-known among business and civic leaders in San Antonio and interacts frequently with the communities in the region and internationally on trade development activities. He can deliver presentations to audiences in several languages, reflecting the cultural diversity of our region.”

Hastings joined the Alliance in 1995 and has served as member services director, international trade specialist and vice president. He was named executive director in 2001.

Prior to the Alliance, he worked for an export management company in New York, overseeing the export of food service equipment to Northeast Asia.

Hastings began his career at the U.S. Trade and Development Agency in Washington, D.C., developing export-oriented projects for U.S. companies in the telecommunications, power generation, satellite, port development, highway construction and other infrastructure-related industries.

Hastings earned an M.B.A. in international business and a B.A. in international economics from George Washington University. He also studied at the University of International Business & Economics in Beijing, China

The Dallas Fed—which has branches in San Antonio, Houston and El Paso—serves the Eleventh Federal Reserve District, which encompasses Texas, northern Louisiana and southern New Mexico. The San Antonio Branch territory includes much of central and south Texas and the Gulf Coast Region.

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