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| Carl Chang |
LOS ANGELES, CA, Jan. 24, 2022 – Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has recently announced the appointment of its CEO, Carl Chang, to Chair of the Board for the Los Angeles Branch Board of Directors of the Federal Reserve Bank of San Francisco.
This appointment comes as part of the Federal Reserve Act of 1913, which requires each of the 12 Reserve Banks to function under the supervision of a Board of Directors.
Under this act, the Board of Directors has the responsibility to represent the interests of the 12th Reserve District to help fulfill operational and policy responsibilities.
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| Federal Reserve Bank of San Francisco 101 Market Street, San Francisco, CA 94105 |
“This appointment marks a huge step forward for not only our firm but also for firms that are in similar industries as Kairos,” says Chang.
“One of our main areas of responsibility as Board members is to act as a link between the government and businesses in the private sector and voice our views on current and future monetary policies.
"I look forward to carrying out this important mission in my new role with the Board.”
CONTACTS:
Arleeny
Escarcega / Lexi Astfalk
(949)
438-6262
aescarcega@thesmartagency.com
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