Bank president to present at 28th annual Milton Friedman Lecture

Sandra Pianalto, President and Chief Executive Officer at Federal Reserve Bank of Cleveland, is the keynote speaker for Marietta College’s 28th annual Milton Friedman Lecture.

She will speak at 7 p.m., Sunday, April 1, at the Alma McDonough Auditorium. Marietta College’s Business & Economics Department and the Economic Roundtable of the Ohio Valley are co-sponsoring the lecture.

Pianalto’s talk is on “The Fed and the Economy: Striving for Balance,” and it is free and open to the public.

At the Federal Reserve Bank of Cleveland, Pianalto has both national and local leadership responsibilities. She participates in the formulation of U.S. monetary policy, and she oversees 1,000 employees in Cleveland, Cincinnati and Pittsburgh who conduct economic research, supervise financial institutions, and provide payment services to commercial banks and the U.S. government.

Pianalto’s tenure with the Bank spans 28 years. She joined the Bank in 1983 as an economist in the research department. She was appointed assistant vice president of public affairs in 1984, vice president and secretary to the board of directors in 1988, and first vice president and chief operating officer in 1993. She assumed her position as president in 2003.

Before joining the bank, Pianalto was an economist at the Federal Reserve Board of Governors and served on the staff of the Budget Committee of the U.S. House of Representatives.

Pianalto is active in the Fourth District’s civic community. She is immediate past chair and a life director of the board of United Way of Greater Cleveland. She also serves on the boards of a number of other community organizations, including The Cleveland Foundation, Greater Cleveland Partnership, College Now Greater Cleveland, University Hospitals, and the Rock and Roll Hall of Fame and Museum.

Pianalto earned a Bachelor of Arts in Economics from The University of Akron and a Master of Arts in Economics from George Washington University. She is a graduate of the Advanced Management Program at Duke University’s Fuqua School of Business and holds honorary degrees from The University of Akron, Baldwin-Wallace College, Kent State University, Ursuline College, Notre Dame College, Cleveland State University and John Carroll University.