Robert T. Parry
President and Chief Executive Officer
Robert T. Parry has served as president and chief executive of the Federal
Reserve Bank of San Francisco for 18 years. He is a member of the Federal
Open Market Committee, bringing his District's perspective to monetary
policy discussions.
Throughout his career, Bob has served in leadership
roles in community and professional organizations. He is a director of
the National Bureau
of Economic Research. During 2001-2003 he was the chairman of the Bay
Area Council, a business-sponsored, CEO-led public policy organization
representing employers dedicated to promoting economic prosperity and
quality of life in the region. He is a member of the executive committee
of the Bay Area Economic Forum, and was a founding member and served
as the organization’s first chairman. He serves on the executive
committee of the San Francisco Bay Area Council Boy Scouts of America,
and is a past director of the United Way of the Bay Area. He is a past
president of the National Association for Business Economics and a member
of the advisory board of the Pacific Rim Bankers Program.
A native of
Harrisburg, Pennsylvania, Parry received a B.A. degree from Gettysburg
College, where he was elected to Phi Beta Kappa. He earned
an M.A. and a Ph.D. in economics from the University of Pennsylvania
and holds honorary doctorates from Gettysburg College and Southern
Utah University.
Dr. Parry first joined the Federal Reserve System at the Board of Governors
in Washington, D.C., and worked there as a research economist for several
years. He left the Fed to join Security Pacific National Bank as vice
president, and he moved up through the ranks to become executive vice
president and chief economist of Security Pacific Corporation and its
principal subsidiary, Security Pacific National Bank. He held that
position until he accepted his present post at the Federal Reserve Bank
of San
Francisco in February 1986.
The Federal Reserve Bank of San Francisco serves the Twelfth Federal
Reserve District—the largest in the Federal Reserve System in terms
of its economy and geography—which covers the nine western states,
American Samoa, Guam, and the Northern Mariana Islands.
Updated January 2004
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