Jamie Dimon, chairman, president and chief executive officer of JP Morgan Chase, has been re-elected a class A director and Jeffrey Kindler, chairman and chief executive officer of Pfizer, has been reelected a class B director of the Federal Reserve Bank of New York.
Dimon has been serving as a class A director since January 2007 and Kindler has been serving as a class B director since October 2009.
The board of directors of the Federal Reserve Bank of New York consists of nine members, three of whom are appointed by the Board of Governors of the Federal Reserve Systems as class C directors.
The remaining six (three class A and three class B directors) are elected by member banks in the Second Federal Reserve District. Class A directors are drawn from among the banking community. Class B & C directors are individuals chosen from professions outside the banking community and typically represent business, industry, agriculture, labor and consumers.