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August 07 2013

Operation HOPE Announces Dennis Lockhart, President and CEO of the Federal Reserve Bank of Atlanta, as HOPE Global Financial Dignity Summit Honorary Chair and Speaker


More than 1,000 corporate, government and community leaders expected at Operation HOPE’s second annual gathering dedicated to accelerating economic recovery and empowering underserved communities

ATLANTA – August 8, 2013 – President and CEO of the Federal Reserve Bank of Atlanta Dennis Lockhart joins international decision makers slated to participate in the second HOPE Global Financial Dignity Summit as an honorary chair and speaker. The summit, co-hosted by financial literacy nonprofit Operation HOPE and the City of Atlanta, will be held November 13 – 14. 

Dennis P. Lockhart has served as the 14th president and chief executive officer of the Federal Reserve Bank of Atlanta since 2007. In this role, Lockhart is responsible for all the Bank’s activities, including monetary policy, bank supervision and regulation, and payment services. In addition, he serves on the Federal Reserve’s chief monetary policy body, the Federal Open Market Committee. 

From 2003 to 2007, Lockhart served on the faculty of Georgetown University’s School of Foreign Service, teaching in the master’s program. He chaired the program’s concentrations in global commerce and finance and international business-government relations, teaching courses in international finance and investment, global business strategy, and other subjects. He was also an adjunct professor at Johns Hopkins University’s School of Advanced International Studies.

From 2002 to 2007, he served as chairman of the Small Enterprise Assistance Funds, a sponsor/operator of emerging markets venture capital/private equity funds. From 2001 to 2003, Lockhart was managing partner at the private equity firm Zephyr Management LP, which is based in New York and with activity in Africa and Latin America. Prior to joining Zephyr, Lockhart worked for 13 years at Heller Financial, where he served as president of Heller International Group, which had activities in commercial finance and merchant banking in Latin America, Europe, and Asia. In 2000, he served as chairman of the advisory committee of the U.S. Export-Import Bank.

From 1971 to 1988, Lockhart held various positions, both domestic and international, with Citicorp/Citibank (now Citigroup). Early in his career with Citibank, he worked in the Middle East in Lebanon, Saudi Arabia, Greece, and Iran. From 1978 to 1986, he served in Atlanta as Citicorp’s senior corporate officer and head of corporate banking for the Southeast. And from 1987 to 1988, he was head of the firm’s Latin American debt-to-equity swap investment program, designed to restructure sovereign debt.

Lockhart serves on the board of directors and executive committee of the Metro Atlanta Chamber of Commerce and chairs the World Affairs Council of Atlanta and the Midtown Alliance. He is also a trustee of Agnes Scott College and the Atlanta International School.

Lockhart was born in 1947 in Bakersfield, California. He earned a BA in political science and economics from Stanford University in 1968 and an MA in international economics and American foreign policy from the Johns Hopkins University School of Advanced International Studies in 1971. He also attended the Senior Executive Program at MIT, Sloan School of Management, in 1994. He served as an officer in the U.S. Marine Corps Reserve from 1968 to 1974.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which covers Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee. The Bank has branches in Birmingham, Jacksonville, Miami, Nashville, and New Orleans.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which covers Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee. The Bank has branches in Birmingham, Jacksonville, Miami, Nashville, and New Orleans.

The two day Summit will bring together leading entrepreneurs and internationally recognized thought leaders to participate in solution-driven discussions around global issues, such as: the unbanked, mobile finance, the entrepreneurship paradigm, homeownership, the cost of disaster preparedness and recovery, philanthropy, financial globalization and job creation in emerging markets, among others. 

Since 1992, HOPE has promoted financial dignity through financial literacy and educational tools in underserved communities. Through its four core portfolios, the organization has provided youth and adult financial literacy, encouraged economic preparedness and digital empowerment, promoted home ownership, and assisted with foreclosure prevention to more than two million individuals, families, and small business owners. Driven by a “silver rights” mission fueled by vision and idealism, HOPE strives to empower the struggling middle class through financial literacy, dignity and capital enterprise.

To learn more about Operation HOPE, visit www.operationhope.org, follow us on Twitter, @operationhope #HOPESummit, and like us on Facebook