- President, Federal Reserve Bank of Richmond, 2018–
Thomas I. Barkin became the eighth president and chief executive officer of the Federal Reserve Bank of Richmond on January 2, 2018. In this role, he is responsible for the Bank’s monetary policy, bank supervision and regulation, and payment services — as well as oversight of the Federal Reserve System’s information technology organization. In addition, he serves on the Federal Reserve’s chief monetary policy body, the Federal Open Market Committee.
Barkin is a native of Tampa, Florida. He attended Harvard University, where he earned his undergraduate, masters of business administration, and law degrees.
Prior to joining the Richmond Fed, Barkin was a senior partner and chief risk officer at McKinsey & Company, a worldwide management consulting firm, and previously served as the organization’s chief financial officer. He oversaw McKinsey’s offices in the southern United States, led multiple functional areas, and provided strategic counsel to a diverse portfolio of clients. He also served on the board of directors for the Federal Reserve Bank of Atlanta from 2009 to 2014, and was the board’s chairman from 2013 to 2014.
Barkin has served on the executive committee of Metro Atlanta’s Chamber of Commerce, the Atlanta Committee for Progress, the Commerce Club and the Emory University Board of Trustees. He has also served in leadership roles with other civic and community organizations, including the Woodruff Arts Center and the Carter Center Board of Councilors.
Written by the Federal Reserve Bank of Richmond and updated September 13, 2021. See disclaimer.