General

OPPD’s Fernandez has additional leadership role

OPPD President & CEO Javier Fernandez has an additional leadership role. The Federal Reserve Bank of Kansas City named Fernandez as Omaha Branch board chair for 2022.

The Federal Reserve Bank of Kansas City is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation’s central bank. Their mission is to work in the public’s interest by supporting economic and financial stability.

Omaha Branch directors represent the state of Nebraska. Fernandez, who joined OPPD in June 2017 as vice president and chief financial officer, became a board member in 2020. He was named OPPD’s president and CEO in May 2021.

His appointment to the board grew from his involvement with the Federal Reserve throughout 2019, when he attended a series of meetings to provide input on the economy. Fernandez is among three directors, out of seven, who work outside of the banking industry.

Fernandez came to OPPD from the Bonneville Power Administration (BPA), U.S. Department of Energy, in Portland, Oregon. He most recently served there as executive vice president and chief financial officer. He previously served as senior vice president of Fixed Income Capital Markets for D.A. Davidson & Company and vice president of Public Finance for Seattle-Northwest Securities Corporation.

Federal Reserve Bank

The Omaha Branch of the Federal Reserve Bank of Kansas City announced Fernandez as board chair Tuesday, Jan. 5, along with other appointments and election results for branch board of directors’ seats and positions within its headquarters office.

As a regional headquarters of the nation’s central bank, the Kansas City Fed and its branch offices in Denver, Oklahoma City and Omaha serve the seven states of the Tenth District: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri.

More information on the role and structure of the Bank’s Board of Directors is available on the Kansas City Fed’s website.