Indian-American Renu Khator to lead Board of Federal Reserve Bank of Dallas

Renu Khator, who has served as the president of University of Houston and chancellor of UH System since 2008, joined the board in 2011 and was appointed deputy chair two years later.

3 min readWashingtonNov 22, 2014 05:05 PM IST First published on: Nov 22, 2014 at 05:05 PM IST

Renu Khator has served as the president of University of Houston and chancellor of UH System since 2008. (AP)

An Indian-American has been named the chairperson of the Federal Reserve Bank of Dallas’ board of directors, a media release said.

Renu Khator, who has served as the president of University of Houston and chancellor of UH System since 2008, joined the board in 2011 and was appointed deputy chair two years later.

Khator is the System’s first woman chancellor, UH’s first foreign-born president and the first ever Indian immigrant to lead a comprehensive research university in the US.

“I am excited and honoured to receive this opportunity, and for the recognition it brings to the University of Houston.

“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,” Khator said yesterday.