For immediate release: Dec. 9, 2003

Juan Del Busto, assistant vice president at the Federal Reserve Bank of Atlanta’s Miami Branch, has been promoted to vice president, announced Jack Guynn, president and chief executive officer of the Atlanta Fed. Del Busto will replace Jay Curry as branch manager upon Curry’s retirement in March 2004.

Del Busto joined the Miami Branch in 1973 as a computer operator and held various managerial positions until he was promoted to administrator in 1983. He was promoted to assistant vice president with responsibility for the securities, accounting and human resources departments in 1986 and was named assistant branch manager in 1989.

Del Busto is a member of a number of organizations including the American Institute of Banking, the Florida Bankers Association, the South Florida Banking Institute, the Association for Financial Professionals, the American Numismatic Association, the Greater Miami Chamber of Commerce, the Zoological Society of Florida, the Florida International University Alumni Association, the NFL Alumni Association, the Ohio State University Alumni Association and the Miami Touchdown Club. He is active in the United Way campaign and serves as chairman of a general advisory committee for the Dade County Public Schools. Del Busto is also the business representative for Blue Print 2000; a member of the Educational Excellence Council; and a Dade Partner in the public school system.

Del Busto holds an associate in arts degree from Miami Dade Community College and a bachelor of science degree in industrial technology from Florida International University. He has completed the executive development program at the Ohio State University and has studied with the American Management Association.

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 Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks and provides a variety of financial services to depository institutions and the U.S. government.