The Colombian will head one of the banks of the US Federal Reserve System.

Economist Alberto Musalen, whose mother was from Cali and whose father was Argentine, had risen to high position in St. Louis, Missouri, and would now have power over the country’s banks.

More and more Colombians are tall and have significant influence in some of the world’s most important companies. The latest case is that of Alberto Musalen, who, despite living part of his childhood in Argentina, the country where his father with Lebanese roots was born, and spending all of his educational training between the United States and the United Kingdom, was born and has a Colombian passport. In fact, his mother, Marilou Borrero, is from Cali.

see also: She is from Bogota and is one of the 100 most powerful women in Asia.

Musalen was given the honor of becoming president of the Federal Reserve Bank of St. Louis, one of the twelve constituent entities of the Federal Reserve System of the United States of America.

This was possible due to his extensive experience as an economist, a degree he received from the London School of Economics and Political Science, and the good reputation he earned for his management of companies and institutions such as the Federal Reserve Bank of New York, which who even became executive vice president; Evince Asset Management, the technology company he founded and from which he left in 2022, and, most recently, the British alternative investment company Man Group, where he was a member of the board of directors and several boards on which he served. to resign after his appointment in San Luis.

Alberto Musalen, 55, holds a very important position at the Federal Reserve, the most important financial institution in the United States, as it is responsible for managing the monetary policy of this country. The Colombian will have a major influence on the US economy and will also have a say in deciding factors such as interest rates and the supervision and regulation of banks and other financial institutions that operate there.

You may also be interested in: Study Abroad: The Key to Colombia’s Four Richest People