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For immediate release: February 10, 2011

Smith Appointed to Federal Reserve Bank of Dallas’ Houston Branch Board

DALLAS—The Federal Reserve Bank of Dallas has appointed Gerald B. Smith of Houston to the Bank’s Houston Branch board of directors for a three-year term ending December 31, 2013.

In his role as a board member, Smith will provide input on regional economic conditions as part of the Federal Reserve's monetary policy functions.

Smith is chairman and CEO of Smith Graham & Company Investment Advisors, a global investment management firm founded in 1990.

Previously, he held senior management positions with Underwood Newhaus & Company, Westcap Corporation and Dillon Read & Co. He was a founding member of the New York Futures Exchange.

Smith serves on the boards of the National Association of Securities Professionals, Cooper Industries (where he serves as lead independent director), Schwab Mutual Funds, ONEOK Inc., ONEOK Partners GB LLC and the Greater Houston Partnership.

He holds a bachelor’s degree from Texas Southern University.

The Houston board consists of seven members, four appointed by the Dallas Fed board and three by the Federal Reserve Board of Governors in Washington, D.C.

For more information on the Dallas Fed, visit


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