NEW YORK—The Federal Reserve Bank of New York today announced that it has appointed Alberto G. Musalem executive vice president and head of the Emerging Markets and International Affairs Group (EMIA). He will also serve on the Bank’s Management Committee. Mr. Musalem’s appointment was approved by the Bank’s board of directors and will be effective January 13, 2014.
As head of EMIA, Mr. Musalem will lead a group dedicated to fostering international financial stability and expanding international relationships on behalf of the Bank.
William C. Dudley, president and chief executive officer of the New York Fed said, “I look forward to working with Alberto. He brings a wide range of markets and international policy experience, developed in both the public and private sectors. This will greatly benefit the New York Fed and the public it serves.”
Mr. Musalem has nearly 20 years of experience in markets and international finance in the government, academic and non-profit sectors. Mr. Musalem is a Managing Director and Partner of Tudor Investment Corporation where he heads the firm’s Research Group and serves on the firm’s Management, Capital Allocation and Strategy Committees.
Prior to joining Tudor, Mr. Musalem was an economist at the International Monetary Fund, focusing on policy development and programs across emerging markets. He was also an adjunct professor of International Financial Markets at the School of Advanced International Studies of Johns Hopkins University. He also worked at Bankers Trust and McKinsey & Co.
Mr. Musalem is a board member of School the World, a non-profit organization that focuses on early education and builds schools in developing countries.
Mr. Musalem holds a PhD in economics from the University of Pennsylvania and received his MSc and BSc in economics from the London School of Economics.