Gerald B. Smith of Houston has been re-elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve a three-year term ending December 31, 2023. He has served on the Dallas Fed’s board since 2018 and on the bank’s Houston branch board from 2011 to 2016. In his role as a Dallas Fed board member, Smith will provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions.
Smith has more than 40 years of experience in the investment industry and is currently chairman and CEO of Smith, Graham & Co. Investment Advisors LP, a Houston-based firm. Prior to launching Smith Graham in 1990, he served as senior vice president and director of fixed income for Underwood Neuhaus & Co. His past executive experience also includes Westcap Corporation and Dillon, Read & Co. in New York.
Smith serves on the boards of the Charles Schwab Family of Funds, New York Life Insurance Co. and Eaton PLC. A graduate of Texas Southern University with a BBA in finance, Smith received an honorary doctorate degree from his alma mater, where he has established the Gerald B. Smith Center for Entrepreneurship and Executive Development.
Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the public and three are appointed by the Federal Reserve Board of Governors in Washington, D.C.