LEXINGTON, Ky. (Dec. 22, 2014) — University of Kentucky Gatton College Professor Emeritus Donald J. Mullineaux recently was elected to serve as chair of the board of directors of the Federal Home Loan Bank of Cincinnati. He succeeds Carl J. Wick as chair, for a two-year term beginning Jan. 1, 2015.
Mullineaux, who retired earlier this year after 30 years on the faculty of UK’s Gatton College of Business and Economics, was first elected to serve on the board as an independent director beginning in 2010, and was re-elected in 2012.
“I am honored that my colleagues on the board saw fit to select me for this important position,” said Mullineaux. “This institution provides financial services to member institutions in support of housing and economic development in Kentucky, Ohio and Tennessee.”
Mullineaux, a resident of Lexington, is Emeritus duPont Endowed Chair in Banking and Financial Services at the Gatton College. He received his doctorate in economics from Boston College and is a former senior vice president and director of research at the Federal Reserve Bank of Philadelphia. Mullineaux has served as the curriculum director of the American Bankers Association’s Stonier Graduate School of Banking since 2002 and is widely published in the academic and financial press. He served as chair of the FHLBank’s Finance and Risk Management Committee prior to his election as chair of the board.
Over the course of his three decades at UK, Mullineaux received numerous awards and honors for his teaching and research. In addition, he is regularly sought out by members of the news media for his expertise on banking and finance issues.
“The FHLBank of Cincinnati is indeed fortunate to have a person of Don Mullineaux’s knowledge and experience to serve as its chair of the board,” said David W. Blackwell, dean of the Gatton College.
Andrew S. Howell, who earned a bachelor’s degree in business administration from the Gatton College in 1983, is president and chief executive officer of the FHLBank of Cincinnati.