Bostic is stepping down after more than eight years in the role.
By Mirtha Donastorg
Atlanta Journal
https://www.ajc.com/
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, announced Wednesday he intends to retire from his position when his term ends in February.
Bostic, 59, has served in the role since 2017 and is the first Black and openly gay chief executive of a regional Fed bank. An academic and former Fed economist, Bostic directed attention to economic immobility and inequality and pushed business, civic and government leaders to acknowledge diversity not simply as a moral issue but as an economic imperative.
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