EDC Chairman Paul Szurek Appointed as Federal Reserve Bank Director

January 25, 2013

Fifth Federal Reserve District Office Directors Appointed

The Federal Reserve Board of Governors and the Federal Reserve Bank of Richmond board of directors appointed the following directors for the Baltimore and Charlotte offices, effective Jan. 1, 2013:

Baltimore Board of Directors

Fifth Federal Reserve District Office Directors Appointed

The Federal Reserve Board of Governors and the Federal Reserve Bank of Richmond board of directors appointed the following directors for the Baltimore and Charlotte offices, effective Jan. 1, 2013:

Baltimore Board of Directors

Christopher J. Estes,president and chief executive officer, National Housing Conference, Washington, D.C., was appointed by the Richmond board of directors to a three-year term.    

Anita G. Newcomb, president and managing director, A.G. Newcomb & Company, Columbia, Md., was reappointed by the Richmond board of directors to a three-year term. 

Stephen R. Sleigh, fund director, IAM National Pension Fund, Washington, D.C., was reappointed by the Board of Governors to a three-year term.   

Charlotte Board of Directors

Elizabeth A. Fleming, president, Converse College, Spartanburg, S.C., was appointed by the Board of Governors to fill a vacancy for one year.   

Lucia Z. Griffith, chief executive officers and principal, METRO Landmarks, Charlotte, N.C., was reappointed by the Richmond board of directors to a three-year term.

John S. Kreighbaum, president and chief executive officer, Carolina Premier Bank and Premara Financial, Inc., Charlotte, N.C., was reappointed by the Richmond board of directors to a three-year term.  

Paul E. Szurek, chief financial officer, Biltmore Farms, Asheville, N.C. was appointed by the Richmond board of directors to fill a vacancy for two years.

David J. Zimmerman, president, Southern Shows, Inc., Charlotte, N.C., was reappointed by the Board of Governors to serve in 2013.    

The boards of directors of the Baltimore and Charlotte offices of the Federal Reserve Bank of Richmond each have seven members.  A majority of each office’s directors are appointed by the board of directors of the Richmond Reserve Bank and the remainder by the Board of Governors of the Federal Reserve System.


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. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.