Federal Reserve Banks
Federal Reserve Bank of Minneapolis
Neel Kashkari
President
Federal Reserve Bank of Minneapolis
Neel Kashkari took office January 1, 2016, as the 13th president and chief executive officer of the Ninth District, Federal Reserve Bank of Minneapolis. In 2022, he serves as an alternate voting member of the Federal Open Market Committee.
Before taking office at the Federal Reserve Bank of Minneapolis, Mr. Kashkari was managing director and member of the executive office at PIMCO. In January 2013, he resigned from the firm to explore a run for public office. In 2014, he was a candidate for governor of California.
Prior to joining PIMCO in 2009, Mr. Kashkari served in the U.S. Department of the Treasury from 2006 to 2009, first as senior adviser to Secretary Henry Paulson and then as assistant secretary of the Treasury. In the latter role, he established and led the Office of Financial Stability and oversaw the Troubled Assets Relief Program for both Presidents George W. Bush and Barack Obama.
Before joining the Treasury Department, Mr. Kashkari was a vice president at Goldman Sachs in San Francisco. Previously, he was an aerospace engineer at TRW Corp.
Mr. Kashkari was born on July 30, 1973, in Akron, Ohio. He has a bachelor's and a master's degrees in mechanical engineering, both from the University of Illinois at Urbana-Champaign, and an MBA from the Wharton School at the University of Pennsylvania.
Bank Location
90 Hennepin Avenue
Minneapolis, MN 55401
(612) 204-5000
Visitor Information
Tour
Head office at Minneapolis, Minnesota.
Branch Bank at Helena, Montana.
Covers the states of Minnesota, Montana, North Dakota, and South Dakota; the Upper Peninsula of Michigan; and 26 counties in northern Wisconsin.
Website: https://www.minneapolisfed.org/
Branches
Helena
100 Neill Avenue, Helena, MT 59601
(406) 447-3800
List of Directors
Class A
| Name | Title | Term expires December 31 |
|---|---|---|
| Gerald H. Jacobson | President Northwestern Bank Chippewa Falls, Wisconsin |
2023 |
| Jeanne H. Crain | President and Chief Executive Officer Bremer Financial Corporation St. Paul, Minnesota |
2024 |
| Brenda K. Foster | Chairman, President, and Chief Executive Officer First Western Bank and Trust Minot, North Dakota |
2025 |
Class B
| Name | Title | Term expires December 31 |
|---|---|---|
| Chelsie Glaubitz Gabiou | President Minneapolis Regional Labor Federation, AFL-CIO Minneapolis, Minnesota |
2023 |
| Sarah Walsh | Chief Operating Officer PayneWest Insurance Helena, Montana |
2024 |
| Lakota Vogel | Executive Director Four Brands Community Fund Eagle Butte, South Dakota |
2025 |
Class C
| Name | Title | Term expires December 31 |
|---|---|---|
| Srilata Zaheer (Chair) |
Dean, Carlson School of Management University of Minnesota Minneapolis, Minnesota |
2023 |
| Paul D. Williams | President and Chief Executive Officer Project for Pride in Living Minneapolis, Minnesota |
2024 |
| Chris Hilger (Deputy Chair) |
Chairman, President, and Chief Executive Officer Securian Financial St. Paul, Minnesota |
2025 |
HELENA BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| William E. Coffee | Chief Executive Officer and Chairman of the Board Stockman Financial Corporation Billings, Montana |
2023 |
| Jason Adams | Owner/Consultant Ace Housing and Development, LLC Polson, Montana |
2024 |
| Mary Rutherford | President and Chief Executive Officer Montana Community Foundation Helena, Montana |
2025 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Alan D. Ekblad | Senior and Managing Partner Strategic Labor Partnerships Helena, Montana |
2023 |
| Bobbi Wolstein | Chief Financial Officer LHC, Inc. Kalispell, Montana |
2024 |