The Federal Reserve Bank of Philadelphia has appointed new members to its Economic and Community Advisory Council (ECAC). Among the appointees are Laura Ducceschi, Ken Kaiser, Jesse McCree, and Leslie Smallwood-Lewis, who bring a wealth of experience and expertise to the council.
Dennis Pullin, president and CEO of Virtua Health, has been named chair of the ECAC, while Loree Jones Brown, chief executive officer of Philabundance, has been named vice chair.
The ECAC, established in 2008, is comprised of leaders from various sectors including businesses, nonprofit organizations, philanthropic organizations, academic institutions, the public sector, and organized labor. The council plays a crucial role in informing the Philadelphia Fed's senior leadership team about emerging trends, issues, and market conditions in the Third Federal Reserve District.
Laura Ducceschi, president and CEO of the Scranton Area Community Foundation, has been recognized for her leadership in managing charitable funds and foundations. She has spearheaded initiatives such as NEPA Moves and NEPA Gives, aimed at promoting regional giving in northeastern Pennsylvania.
Ken Kaiser, senior vice president and chief operating officer of Temple University, brings nearly 30 years of experience to the council. He oversees a wide range of responsibilities at the university, including construction, facilities and operations, purchasing, and real estate.
Jesse McCree, CEO of SCPa Works, focuses on advancing workforce development programs to drive economic mobility in the region. His work involves collaborating with business, education, and economic development providers to create impactful initiatives.
Leslie Smallwood-Lewis, COO and cofounder of Mosaic Development Partners, has been instrumental in the company's efforts to invest in Philadelphia neighborhoods. Mosaic is a minority-certified commercial real estate development and project management company that has made significant investments in the community.
The Federal Reserve Bank of Philadelphia, as part of the Federal Reserve System, plays a key role in formulating and implementing monetary policy, supervising financial institutions, and providing financial services. The Philadelphia Fed serves eastern and central Pennsylvania, southern New Jersey, and Delaware.
