Dennis P. Lockhart (born February 1, 1947) is an American economist. He was the 14th President and CEO of the

Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta (informally the Atlanta Fed and the Bank), is the sixth district of the 12 Federal Reserve Banks of the United States and is headquartered in midtown Atlanta, Georgia. The Atlanta Fed covers the U.S. state ...

, serving from March 1, 2007, Bio
, Federal Reserve Board. through February 28, 2017.

Education

Lockhart earned a B.A. in

political science Political science is the scientific study of politics. It is a social science dealing with systems of governance and Power (social and political), power, and the analysis of political activities, political philosophy, political thought, polit ...

and

economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

from

Stanford University Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth ...

in 1968 and an M.A. in

international economics International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns an ...

and

U.S. foreign policy The officially stated goals of the foreign policy of the United States of America, including all the bureaus and offices in the United States Department of State, as mentioned in the ''Foreign Policy Agenda'' of the Department of State, are ...

from

Johns Hopkins University The Johns Hopkins University (often abbreviated as Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland, United States. Founded in 1876 based on the European research institution model, J ...

School of Advanced International Studies The School of Advanced International Studies (SAIS) is a graduate school of Johns Hopkins University based in Washington, D.C. The school also maintains campuses in Bologna, Italy and Nanjing, China. The school is devoted to the study of int ...

in 1971. He served as a lieutenant in the U.S. Marine Corps Reserve from 1968 to 1974.

Financial career

Lockhart held various positions, both domestic and international, with

Citicorp Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...

Citibank Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Ci ...

(now

Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...

) between 1971 and 1988. Early in his career with

, he served in

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...

Greece Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to th ...

and

Iran Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the nort ...

. From 1978 to 1986, he served in Atlanta as senior corporate officer of the Southeast office of

. From 1987 to 1988, he was head of the firm's Latin American debt-to-equity swap investment program, designed to restructure sovereign debt. He worked for thirteen years (1988-2001) at Heller Financial, where he served as executive vice president and director of the parent company and as president of Heller International Group until Heller was purchased by

General Electric General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the year ...

in 2001.Gilpin, Kenneth N.
"G.E. Finance Unit Will Acquire Heller Financial for $5.3 Billion"
''The New York Times'', July 31, 2001. From 2001 to 2003, he was managing partner at the private equity firm Zephyr Management, L.P., based in

New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...

with activity in

Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...

and

Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ...

. From 2002 to 2007, he served as chairman of the

Small Enterprise Assistance Funds SEAF (Small Enterprise Assistance Funds) is an international investment management group that provides growth capital and business assistance to small and medium enterprises (SMEs) in emerging and transition markets underserved by traditional sou ...

, a sponsor/operator of emerging markets venture capital/private equity funds. In 2000, he served as chairman of the advisory committee of the U.S. Export-Import Bank.Bio
, FRB Atlanta. Lockhart serves on the board of directors and executive committee of the Metro Atlanta Chamber of Commerce, on the board of directors of St. Joseph's Health System, and is a trustee of

Agnes Scott College Agnes Scott College is a Private university, private Women's Colleges in the Southern United States, women's Liberal arts colleges in the United States, liberal arts college in Decatur, Georgia. The college enrolls approximately 1,000 undergra ...

and the

Atlanta International School Atlanta International School (AIS) is a private elementary, middle and high school in Atlanta, Georgia, United States. An International Baccalaureate school, it was opened in 1985. Faculty, parents and students at Atlanta International School ...

. He also chairs the World Affairs Council of Atlanta and the Midtown Alliance.

Academic career

From 2003 to 2007, Lockhart served on the faculty of the

Master of Science in Foreign Service This list refers to specific master's degrees in North America. Please see master's degree for a more general overview. Accountancy Master of Accountancy (MAcc, MAc, MAcy or MPAcc), alternatively Master of Professional Accountancy (MPAcy or M ...

Program at

Georgetown University Georgetown University is a private university, private Jesuit research university in Washington, D.C., United States. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789, it is the oldest Catholic higher education, Ca ...

Walsh School of Foreign Service The Edmund A. Walsh School of Foreign Service (SFS) is the school of international relations at Georgetown University in Washington, D.C. It grants degrees at both Undergraduate education, undergraduate and Postgraduate education, graduate lev ...

. In this role, Lockhart was chairman of the program's concentrations in international business-government relations and global commerce and finance, while teaching courses in international investment, global business strategy, and other subjects. He also was an adjunct professor at

References

External links

Federal Reserve System Biography
{{DEFAULTSORT:Lockhart, Dennis 1947 births Living people American chief executives of financial services companies Export–Import Bank of the United States people Federal Reserve Bank of Atlanta presidents Walsh School of Foreign Service faculty Paul H. Nitze School of Advanced International Studies alumni Stanford University alumni

Education

Financial career

Academic career

See also

References

External links