Dennis P. Lockhart
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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 referred to as 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 cover ...
, 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, and the analysis of political activities, political thought, political behavior, and associated constitutions and la ...
and
economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...
from Stanford University 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 and ...
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 Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consi ...
's
School of Advanced International Studies The Paul H. Nitze School of Advanced International Studies (SAIS) is a graduate school of Johns Hopkins University based in Washington, D.C., United States, with campuses in Bologna, Italy, and Nanjing, China. It is consistently ranked one of th ...
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 (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomer ...
/ Citibank (now Citigroup) between 1971 and 1988. Early in his career with Citibank, he served in
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...
,
Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders ...
and
Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
. From 1978 to 1986, he served in Atlanta as senior corporate officer of the Southeast office of Citibank. 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) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable en ...
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 with activity in
Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...
and
Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...
. From 2002 to 2007, he served as chairman of the Small Enterprise Assistance Funds, 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 The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
.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 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 The Edmund A. Walsh School of Foreign Service (SFS) is the school of international relations at Georgetown University in Washington, D.C. It is considered to be one of the world's leading international affairs schools, granting degrees at bot ...
Program at
Georgetown University Georgetown University is a private university, private research university in the Georgetown (Washington, D.C.), Georgetown neighborhood of Washington, D.C. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789 as Georg ...
's
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 is considered to be one of the world's leading international affairs schools, granting degrees at both ...
. 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
Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consi ...
's
School of Advanced International Studies The Paul H. Nitze School of Advanced International Studies (SAIS) is a graduate school of Johns Hopkins University based in Washington, D.C., United States, with campuses in Bologna, Italy, and Nanjing, China. It is consistently ranked one of th ...
.


See also

*
Federal Reserve System The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a ...
*
Federal Reserve Bank of Atlanta The Federal Reserve Bank of Atlanta, (informally referred to as 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 cover ...


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