New Orleans Branch Announces Appointments, Reappointment to Board of Directors

For immediate release: January 13, 2025

NEW ORLEANS—The Federal Reserve Bank of Atlanta announces the appointment of Shelby Russ and Kimberly Fontan by the Atlanta board of directors. Both will serve three-year terms ending December 31, 2027.

Russ is the president and chief executive officer of AOS Interior Environments in New Orleans. He is the past chair of the Young Presidents Organization Gold Chapter in Louisiana and a graduate of Louisiana State University.

Fontan is the executive vice president and chief financial officer of Entergy in New Orleans. She is a graduate of Loyola University New Orleans.

John C. Driscoll has been reappointed by the Board of Governors to serve a three-year term ending December 31, 2027. Driscoll is the director and chief executive officer of the Alabama Port Authority in Mobile.

The other directors of the Atlanta Fed’s New Orleans Branch are:

• Melissa B. Rogers (chair), president and founder of Noble Plastics in Grand Coteau, Louisiana (term expires December 31, 2025),
• William J. Bynum, chief executive officer of Hope Credit Union, Hope Enterprise Corporation, and Hope Policy Institute in Jackson, Mississippi (term expires December 31, 2025),
• AJ Kumaran, co-chief executive officer of Raising Cane’s in Baton Rouge, Louisiana (term expires December 31, 2026), and
• William G. Yates III, president and chief executive officer of W.G. Yates & Sons Construction Company in Biloxi, Mississippi (term expires December 31, 2026).

Federal Reserve Bank of Atlanta branch directors provide economic information from their industries and the branch territory to the district Bank’s president and head office directors, who use the information in discussing monetary policy options and making discount rate recommendations. The Board of Governors appoints three of the New Orleans Branch directors, and the Atlanta head office directors appoint four.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. As part of the nation’s central banking system, the Federal Reserve Bank of Atlanta participates in setting national monetary policy, supervises numerous commercial banks, and provides a variety of financial services to depository institutions and the US government.