Archie Brown, president and CEO, of First Financial Bank has been appointed to the board of directors of the Cincinnati branch of the Federal Reserve Bank of Cleveland.
Brown’s appointment to one of the 12 banks of the federal reserve system, is for a three-year term which began Jan. 1.
“I am honored to receive this appointment to the Fed’s Cincinnati branch board of directors,” Brown said. “I look forward to contributing to the board’s policy discussions and making a positive impact on the financial needs of communities and businesses within our region.”
Brown has been CEO of First Financial since April 2018. He previously served as the president, CEO and chairman of the board of MainSource Financial Group.
Brown’s board appointment will expand upon his previous activity with the Federal Reserve Bank of Cleveland. His contributions to the Fed have given the bank’s leadership a broader understanding of the economy from banking and other sectors.
“Our directors serve an important role in the effective functioning of the Federal Reserve by providing timely information on economic conditions in the region,” said Rick Kaglic, Cincinnati branch vice president and senior regional officer, Federal Reserve Bank of Cleveland. “Through their range of experience and perspectives, Cleveland Fed directors help us understand how various business sectors and communities are experiencing the economy (and) their regional insights, in turn, help inform national monetary policymaking.”
The Cincinnati branch serves southern Ohio and eastern Kentucky.
First Financial Bancorp. parent of First Financial, has more than $14 billion in assets and operates 158 branches across Ohio, Indiana, including several in Northwest Indiana, and Kentucky.
