FOR IMMEDIATE RELEASE
ICBA Statement on Kansas City Fed Appointment of Esther George
Washington, D.C. (September 16, 2011)—The Independent Community Bankers of America (ICBA) issued this statement today regarding the appointment of Esther George, first vice president and chief operating officer of the Federal Reserve Bank of Kansas City, to president and chief executive officer of the bank. She will succeed Thomas M. Hoenig, who is retiring from the bank on Oct. 1.
“ICBA congratulates Ms. George on her appointment to president of the Federal Reserve Bank of Kansas City. ICBA looks forward to working with Ms. George to ensure that the views of the 10th district’s community banks are represented in the bank’s decisions.
“Ms. George brings a tremendous amount of experience and knowledge to her new role. Her many years with the bank, in which she worked her way up from the field examiner level, make her uniquely qualified to understand its responsibility for supervising and regulating commercial banks and their holding companies. They also help her understand the important contribution that community banks make to the district’s economy and the nation as a whole.
“ICBA also thanks current Kansas City Federal Reserve Bank President and Chief Executive Officer Thomas Hoenig for his many years of service to our nation. Over his past 20 years as president, Mr. Hoenig has been an outstanding leader and champion for helping to promote strong Main Street banking values and a diverse and resilient banking industry.”
For more information, visit www.icba.org.