Margaret Lewis is appointed to board of Richmond’s Federal Reserve Bank
Margaret G. Lewis, president, HCA Capital Division, and senior executive, HCA Virginia, has been appointed to the Board of Directors for the Federal Reserve Bank of Richmond. Lewis, a Class C director, will fill an unexpired term ending Dec. 31.
Each Federal Reserve Bank has a nine-member board of directors. Three Class A and three Class B directors are elected to three-year terms by the stockholding member banks, and three Class C directors are appointed to three-year terms by the Board of Governors of the Federal Reserve System.
Class A directors represent the stockholding member banks in each Federal Reserve District. Class B and Class C directors represent the public and are chosen with consideration to the interests of agriculture, commerce, industry, services, labor and consumers.
The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia.