Indian-American Renu Khator to lead Dallas Fed board
Washington: India born Renu Khator, University of Houston(UH) president and UH System chancellor, is set to lead the board of directors for the Federal Reserve Bank of Dallas.
Khator joined the board in 2011 and was appointed deputy chair in 2013.
The Federal Reserve Board in Washington, DC, recently announced her appointment along with 11 other Federal Reserve Banks across US, according to a university release.
"I am excited and honoured to receive this opportunity, and for the recognition it brings to the University of Houston," Khator said.
"As chair, I look forward to adding my perspective to the important monetary policy discussions conducted by the talented and dedicated members of the Federal Reserve Bank of Dallas."
Led by nine-member boards, the 12 Federal Reserve Banks offer grassroots economic information and input on management and monetary policy decisions.
Khator began her dual role as UH president and UH System chancellor in 2008.
She is the System's first woman chancellor, UH's first foreign-born president and the first Indian immigrant to lead a comprehensive research university in the US.
This year, Khator has been recognized by several organizations for her commitment to excellence in higher education. Among her 2014 honours are the Pravasi Bharatiya Samman Award and the Pride of India Award.
Khator also shares her energies and insights with several organizations including the Indian prime minister's Global Advisory Council.
Born in Uttar Pradesh, Khator earned a bachelor's degree at the University of Kanpur. She received her master's degree and her PhD in political science from Purdue University.
A noted scholar in the field of global environmental policy, she has published numerous books and articles on the subject.