NY Fed names Brian Sack to lead markets group
The Federal Reserve Bank of New York has named Brian P. Sack to lead its markets group effective June 1, succeeding William C. Dudley, who became president and chief executive of the New York Fed earlier this year.
Sack, 38, is currently a vice president at Macroeconomic Advisers, an economic analysis firm based in St. Louis and Washington. Before joining the company in 2004, Sack was head of the Monetary and Financial Markets Analysis section of the Federal Reserve's Board of Governors.
'He brings to the bank a unique understanding of the interplay of economics and finance and has a combination of real world experience and public service that will be invaluable to the New York Fed,' Dudley said in a statement Friday.
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Since: Oct 08
#1 Apr 20, 2009
Brain Sack has great qualification in terms of knowledge and experience. Being head of the Monetary and Financial Markets Analysis section of the Federal Reserve, have raised the level of expectation in terms of financial management is concerned. But due to the impact of recession, hardly anyone could survive.
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