First Citizens CEO Frank Holding Joins Federal Advisory Council

First Citizens BancShares CEO Frank Holding has been appointed to the Federal Reserve Board of Governors advisory council. He will represent the Fifth District.

Insights:
Frank Holding, the CEO of First Citizens BancShares, Inc. , has been appointed to the Federal Reserve Board of Governors' Federal Advisory Council for 2026 to represent the Fifth District on behalf of the Federal Reserve Bank of Richmond. This announcement, made on February 10, 2026, confirms that Holding will join the key advisory body that provides the Federal Reserve with essential industry perspectives from across the US USUS. The appointment is significant as it updates the membership of the council, which serves as a primary source of regional information for the U.S. central bank.
First Citizens BancShares logo is seen in this illustration taken March 19, 2023. REUTERS/Dado Ruvic/Illustration
First Citizens BancShares logo is seen in this illustration taken March 19, 2023. REUTERS/Dado Ruvic/Illustration
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