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Tuesday, June 30, 2015

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Executive Leadership

D. Blake Prichard, Acting President and First Vice President

D. Blake Prichard, First Vice PresidentD. Blake Prichard, who has served as the Bank’s first vice president since 2011, has assumed the role of acting president and CEO of the Federal Reserve Bank of Philadelphia. According to the Bank’s bylawsPDF the first vice president will perform the president’s responsibilities until a new president is appointed. The process of selecting a Federal Reserve Bank president is set forth in the Federal Reserve Act. Read about the presidential selection process.

Blake Prichard joined the Philadelphia Fed in 1992 as senior vice president of Retail Payments after working 20 years at the Federal Reserve Bank of Boston. During his tenure at the Boston Fed, he managed check-clearing services for three regional offices and held several officer and managerial positions. He left the Philadelphia Fed in January 2003 to be vice president of global outsourcing for Unisys Corporation, an information technology services company in Blue Bell, Pa. He returned to the Philadelphia Fed in July 2004 as senior vice president to lead the check processing function, including the Treasury Check Information System and customer relations. He was promoted to executive vice president in January 2005 with added responsibilities for the Bank's Information Technology Services and the national e-mail and collaboration services. In January 2011, he assumed the role of first vice president, succeeding William H. Stone, Jr.

He holds a bachelor’s degree from Northeastern University in Boston and attended the MIT Sloan School's senior executive program.

Prichard is past president and a member of the board of directors of the Chester County Council, Boy Scouts of America.