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Jorge A. Bermudez of College Station elected to Dallas Fed board

For immediate release: December 7, 2011

DALLAS—Jorge A. Bermudez of College Station has been elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve a three-year term ending Dec. 31, 2014.

In his role as a board member, Bermudez will provide input on regional economic conditions as part of the Federal Reserve's monetary policy functions.

Bermudez is president and CEO of the Byebrook Group, a small firm that conducts research and advisory work in the financial services industry. Previously, he served as chief risk officer for Citigroup.

He has served on the Dallas Fed’s Houston Branch board since June 2009.

He serves on the boards of the Electric Reliability Council of Texas, Moody’s Corporation, Association of Former Students at Texas A&M and the Community Foundation of the Brazos Valley. He also serves Texas A&M University in various roles, including the International Board, College of Agriculture Development Council and Mays Business School Development Council.

Bermudez holds graduate and undergraduate degrees from Texas A&M University.

Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the public and three are appointed by the Federal Reserve Board of Governors in Washington, D.C.

For more information on the Dallas Fed, visit www.dallasfed.org.

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