Driscoll Named To Nola Branch Of Federal Reserve Bank
John Driscoll, director and CEO of the Alabama Port Authority, has been appointed to serve a three-year term as a director on the New Orleans branch of the Federal Reserve Bank of Atlanta. Driscoll’s term will run from January 1, 2022, until December 31, 2024.
“Being asked to serve is a privilege,” Driscoll said. “Functional ports and supply chains are critical to the flow of raw materials and goods supporting this nation’s commerce. I look forward to this appointment and hope I can help broaden understanding on how ports and transportation systems impact the regional and national economy.”
The Federal Reserve, which serves as the United States’ central bank, is made up of 12 reserve banks, in addition to its Board of Governors in Washington D.C. The Atlanta Federal Reserve Bank covers Georgia, Alabama, Florida and portions of Louisiana, Mississippi and Tennessee. Federal Reserve Bank appointments offer specific expertise from the banking industry, manufacturing, labor and the hospitality industry.
In April 2020, Driscoll was named director and chief executive for the Alabama Port Authority, which manages the public seaport terminals at the Port of Mobile. Driscoll has more than 30 years of experience in the maritime industry, with time spent with Sea-Land, Maersk and CMA-CGM. Prior to leading the Port of Mobile, Driscoll served as director of maritime at the Port of Oakland.
The Port of Mobile, Alabama’s deepwater seaport, has container, general cargo and bulk facilities with access to I-10 and I-65, five Class 1 railroads and the nation’s inland waterways through the Gulf Intracoastal Waterway and the Mobile River, which connects to the Tennessee-Tombigbee Waterway and the Black Warrior-Tombigbee Waterway.
Other directors of the New Orleans branch of the Federal Reserve Bank of Atlanta include G. Janelle Frost, president and CEO of AMERISAFE Inc. in DeRidder, La.; Katherine Crosby, board chair of Fidelity Bank in New Orleans; David Darragh, CEO of Pod Pack International in Baton Rouge, La.; Michael Hicks Jr., president and CEO of Kixardt Technologies in Pensacola, Fla.; and William Yates III, president and CEO of The Yates Companies in Biloxi, Miss.
