Press Release

Rosa Gil to Join New York Fed Board of Directors

December 08, 2017

NEW YORK – The Federal Reserve Bank of New York today announced that Dr. Rosa M. Gil, founder, president and chief executive officer of Comunilife, Inc., has been appointed a Class C director of the New York Fed by the Board of Governors of the Federal Reserve System, effective January 1, 2018.

Dr. Gil has had a distinguished career in the fields of health, mental health, social services and higher education with accomplishments including prevention and wellness initiatives, implementation of Medicaid managed care in New York City, creating New York City's first Medical Respite Housing Program, and the nationally recognized Life Is Precious™ Program for Latina teens at risk. Comunilife, founded in 1989, is a health and human services organization focused on New Yorkers with special needs in the Hispanic and broader community.

She served as a Mayor's Health Policy Advisor and is the former chairperson of the New York City Health and Hospital Corporation.  She has also served as Executive Director of Woodhull Medical Center and Metropolitan Hospital, senior vice president of Generation and Northern Manhattan Health Network, senior vice president of Mental Hygiene Services at the NYC Health and Hospitals Corporation and Executive Deputy Commissioner for Families and Children Services at the NYC Human Resources Administration.  Dr. Gil is the former University Dean for Health Sciences at the City University of New York.

Dr. Gil has been appointed to numerous New York City boards including the Mayor's Commission on Health Care for our Neighborhoods, the Board of Health, the Community Services Board and the Mayor's Supportive Housing Task Force.  At the state level, she has served on the Suicide Prevention Council and the Governor's Interagency Council on Homelessness.  She is a member of the President Carter Mental Health Task Force and the Board of Trustees of EmblemHealth.  Dr. Gil previously served as a member of the Commission of Health Care Facilities in the 21st Century (The Berger Commission), and the Minority Women Panel on Health Experts (U.S. Public Health Services).

She has published numerous articles on mental health, ethnicity and child welfare and gender issues and is the co-author of the "Maria Paradox," the first authoritative book on self-esteem and Hispanic women.

About the Reserve Banks' Boards of Directors

The Federal Reserve Act of 1913 requires each of the Reserve Banks to operate under the supervision of a board of directors. Each Reserve Bank has nine directors who represent the interests of their Reserve District and whose experience provides the Reserve Banks with a wider range of expertise that helps them fulfill their policy and operational responsibilities. The nine directors of each Reserve Bank are divided evenly by classification: Class A directors represent the member banks in the District; Class B directors and Class C directors represent the interests of the public. The directors of the Reserve Banks act as an important link between the Federal Reserve and the private sector, ensuring that the Fed's decisions on monetary policy are informed by actual economic conditions.

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