Cleveland Fed appoints new vice president

The Federal Reserve Bank of Cleveland appointed Todd Clark as vice president of the bank. As vice president, Clark is responsible for leading the Money, Financial Markets and Monetary Policy Group in the Research Department of the Cleveland Fed. Clark previously worked at the Federal Reserve Bank of Kansas City, where he held a number of leadership positions. He served as vice president of the bank for the past seven years, and simultaneously served as head of the macroeconomics group for the last three. The Federal Reserve Bank of Cleveland is one of a 12-bank network that comprises the Federal Reserve System. It encompasses the Fourth District, which includes Ohio, Western Pennsylvania, Eastern Kentucky and the Northern Panhandle of West Virginia. Write to Christine Ricciardi.