The Federal Reserve Bank of Richmond has announced several new appointments to its boards of directors across its regional offices. The bank, which is part of the broader Federal Reserve System and represents the Fifth District—including Maryland, Virginia, North Carolina, South Carolina, the District of Columbia, and most of West Virginia—plays a key role in supporting economic stability and financial oversight in these areas. More information about the bank’s leadership and mission can be found on its official website.
Adam Currie, president and CEO of First Bank in Southern Pines, North Carolina, was elected as a Class A director by state member banks. Jermaine Johnson, regional president of PNC Bank in Washington, D.C., Radha Muthiah, president and CEO of Capital Area Food Bank in Washington, D.C., and Rob Smith, president of Fitzgerald Auto Malls in Rockville, Maryland, were appointed to the Baltimore Board of Directors through various channels.
For the Charlotte Board of Directors, Susan Mims (president and CEO of Dogwood Health Trust), Omar Jorge (CEO of Compare Foods), and Jack Purcell (managing partner at Ridgemont Equity Partners) have been appointed. These appointments were made either by the Board of Directors or by the Board of Governors.
The board chairs for each location have also been selected. George Dean Johnson III will serve as chair for Charlotte’s board. Leslie D. Hale was chosen as chair for Baltimore’s board.
At the Richmond Fed level, Lisa Lawson has been reappointed as chair while Halsey Cook continues as deputy chair for 2026. Frank Holding will represent the Richmond Fed on the Federal Advisory Council next year.
The bank expressed appreciation to outgoing directors Jodie McLean (EDENS), James H. Sills III (Mechanics and Farmers Bank), William J. McCarthy (Catholic Charities of Baltimore), Cecilia A. Hodges (M&T Bank), James F. “Jimmy” Goodmon Jr. (Capitol Broadcasting), and Bernie W. Mazyck (South Carolina Association for Community Economic Development).
As one of 12 regional banks within the Federal Reserve System—with main offices in Richmond and additional locations in Baltimore and Charlotte—the Richmond Fed oversees banks for safety and supports national payment processes while providing insights into monetary policy based on regional data (source). It also connects with communities through economic education efforts (source).
Tom Barkin serves as president and chief executive officer at the Federal Reserve Bank of Richmond (source).
