Janice E. Nevin, M.D., MPH, president and CEO of Christiana Care Health System, is one of three new members appointed in February to serve on the Federal Reserve Bank of Philadelphia’s Economic and Community Advisory Council (ECAC).
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Federal Reserve Bank of Philadelphia serves Eastern and Central Pennsylvania, Southern New Jersey and Delaware.
The ECAC informs the Bank’s senior leadership team about emerging issues and market conditions in the Third Federal Reserve District and nationwide.
The new members, in addition to Dr. Nevin, are Susan Hakkarainen, co-chair and co-CEO of Lutron Electronics in Coopersburg, Pennsylvania, and Arlen Shenkman, executive vice president of global business development and ecosystems at SAP SE in Newtown Square, Pennsylvania.
“The Economic and Community Advisory Council brings together leaders with essential perspectives on our regional and national economies,” said Deborah L. Hayes, senior vice president of Corporate Affairs at the Federal Reserve Bank of Philadelphia. “These new council members bring a wealth of understanding and experience in corporate, consumer and health trends.”