For immediate release: January 13, 2025

MIAMI—The Federal Reserve Bank of Atlanta announces the reappointments of Kathleen Cannon and Ginger Martin to the Miami Branch board of directors. Cannon was reappointed by the Board of Governors and Martin was appointed by the Atlanta board of directors, both to three-year terms ending December 31, 2027.

Cannon is president and chief executive officer of United Way of Broward County, Fort Lauderdale, Florida. She is cochair of The Prosperity Partnership in Broward County. Martin is president and chief executive officer of the American National Bank, Oakland Park, Florida. She is the vice chair of the Broward College Foundation Board and chairs their Finance and Investment Committee.

The other directors of the Atlanta Fed's Miami Branch are:

  • Rita Case (chair), president and chief executive officer of Rick Case Automotive Group in Sunrise (term expires December 31, 2025),
  • Jose E. Cueto, chief executive officer of Grove Bank and Trust in Miami (term expires December 31, 2025),
  • Daniel Lavender, chief executive officer of Moorings Park Institute Inc. in Naples (term expires December 31, 2026),
  • Ignacio Garcia-Menocal, cofounder and chief executive officer of Grove Bay Hospitality Group in Miami (term expires December 31, 2026), and
  • Diane J. Bessette, vice president and chief financial officer of Lennar Corporation in Miami (term expires December 31, 2026).

Federal Reserve Bank of Atlanta branch directors provide economic information from their industries and the branch territory to the district Bank's president and head office directors, who use the information in discussing monetary policy options and making discount rate recommendations. The Board of Governors appoints three of the Miami Branch directors, and the Atlanta head office directors appoint four.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. As part of the nation's central banking system, the Federal Reserve Bank of Atlanta participates in setting national monetary policy, supervises numerous commercial banks, and provides a variety of financial services to depository institutions and the US government.