The Federal Reserve Bank of Boston selected University of Michigan Provost Susan M. Collins as its next president, filling a vacancy left last year when Eric Rosengren moved forward his retirement following a controversy over his and other officials’ financial-market trading.
Ms. Collins will take office July 1 and replace interim President Kenneth C. Montgomery, who has led the institution since the September resignation of Mr. Rosengren. Ms. Collins is provost and executive vice president for academic affairs at the University of Michigan and serves as the Edward M. Gramlich collegiate professor of public policy and as a professor of economics at the university.
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