Indian-American Renu Khator has been named the chairperson of the Federal Reserve Bank of Dallas’ board of directors.
59-year-old Khator, who has served as the president of University of Houston (UH) and chancellor of UH System, joined the board in 2011 and was appointed deputy chair two years later.“I am excited and honoured to receive this opportunity, and for the recognition it brings to the University of Houston. As chair, I look forward to adding my perspective to the important monetary policy discussions conducted by the talented and dedicated members of the Federal Reserve Bank of Dallas,”Khator said.