The Federal Reserve Bank of New York has tapped agency vet Jack Gutt as head of its communications group, following the resignation of Krishna Guha earlier this year.
Gutt, who has served as VP of media relations for the NY Fed for the past few years, worked on the agency side at Kreab Gavin Anderson, Vistance Group, FD, Strategy XXI and Hill+Knowlton Strategies. He was earlier a consultant for the president of Ecuador.
Guha, a former Financial Times scribe, resigned in July as EVP and comms. head after three years. He is now vice chairman of research firm International Strategy & Investment.
NY Fed chief William Dudley said Gutt has been key to fostering greater understanding between the bank and the public over the past few years.
Gutt held the acting head of communications title since September.
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