Speakers and Panelists
Gerard is a 38-year veteran of the financial services industry, and has held a range of senior management roles over the course of his career. He has experience in investment, private, and commercial banking having served as the Senior Loan Officer for Commercial Lending at Commerce Bank and the Regional Managing Director for Fleet private banking in Pennsylvania. Additionally, he served in various senior management positions with First Union National Bank and Citigroup in the metro Philadelphia region. He has been profiled and quoted in American Banker, The New York Times, The Philadelphia Inquirer and The Huffington Post.
Committed to improving the communities that the Beneficial serves, Gerard is a board member of the Foreign Policy Research Institute and the Pennsylvania Academy of Fine Arts and a past Board member of the Franklin Institute, the Archdiocese of Philadelphia, the Philadelphia Orchestra, the Union League of Philadelphia and the Federal Reserve Bank of Philadelphia Depository Council. He is the recipient of many awards including the La Salle University’s Leadership Award, the Rutgers University Leadership Award, the Distinguished Catholic Graduate Award, the American Catholic Historical Society’s Barry Award and the Jewish Relief Agency Annual Award.
Gerard holds his Bachelor of Arts degree in Economics from Villanova University and earned his Masters of Business Administration from St. Joseph’s University in Philadelphia. He and his family reside in Rosemont, Pennsylvania.
About Beneficial Bank
Founded in 1853, Beneficial Bank is the oldest and largest bank headquartered in Philadelphia. It is a community-based, full-service financial services company that has served individuals and businesses in the Delaware Valley for 165 years. With 60+ offices in the greater Philadelphia and South Jersey regions and $5.8 billion in assets, Beneficial offers a full array of financial products that includes commercial, consumer, SBA, leasing, real estate lending and insurance. Visit www.thebeneficial.com for more information.
Prior to joining the KU faculty, Professor DeYoung was an Associate Director of Research at the Federal Deposit Insurance Corporation, an Economic Advisor at the Federal Reserve Bank of Chicago, a Senior Economist at the Office of the Comptroller of the Currency, and a Joyce Foundation Teaching Fellow at Beloit College.
Professor DeYoung is co-editor of the Journal of Money, Credit and Banking. He has twice testified before the United States Senate on bank regulatory issues. In 2015 he was named a Distinguished Scholar by the French Finance Association for “Outstanding Contributions to the Field of Finance and Banking.” He is a past President of the Southern Finance Association.
DeYoung was born and raised in New Jersey, where he worked his way through college at Rutgers University-Camden. He holds a PhD in economics from the University of Wisconsin-Madison. He lives on a ranch near Baldwin City, Kansas with his lovely wife Julie and many other domesticated animals.
Today, Carrollton Bank has ten locations, including eight in the St. Louis MSA and two in central Illinois, and assets of$1.6 billion. Virtually all of the bank's
growth has been organic in nature. Carrollton remains a privately-held, owner operated company, with the majority of its shareholders being full-time employees, who serve customers and build long-term relationships on a daily basis.
Tom is a board member of the Regional Business Council, the Foundation for Barnes-Jewish Hospital, the Jefferson National Parks Association, the University of Illinois Dean's Business Council, and the Lewis & Clark Community College Foundation. He's a past chairman of the Illinois Bankers Association.
Tom and his wife Suzanne and family have lived in St. Louis for several years. Suzanne is Director of Community Development at Carrollton Bank. Their son Tom is a vice president at Carrollton Bank, and their other son John is a freelance sports journalist.
After experiencing 9/11 in person while working in downtown Manhattan, Trey’s commitment to developing quality relationships has defined both his personal and professional life. He is inspired to model these and other core values for his two sons, and exceed expectations daily at Lewis & Clark Bank, a company he helped take from concept to reality.
Trey is heavily involved in state and national banking associations, and serves on multiple advisory and fiduciary boards of both for-profit and nonprofit organizations, including: Chairman of Synergy by Association, Inc.; Chairman of the American Bankers Association's Community Bankers Council; advisory board member of the Conference of State Bank Supervisors; board member of the Oregon Bankers Association; board member of the Community Banks of Oregon; board member of Sheltered Harbor; advisory board member of StoneCastle Partners; advisory board member of Anvil Media; and past board member of Entrepreneurs’ Organization (Portland).
Trey received a bachelor’s degree in business administration from Portland State University and is a licensed certified public accountant. In 2007, he was recognized as one of the “Forty under 40” by the Portland Business Journal.
Ms. McWilliams was Executive Vice President, Chief Legal Officer, and Corporate Secretary for Fifth Third Bank in Cincinnati, Ohio. Prior to joining Fifth Third Bank, Ms. McWilliams worked in the United States Senate for six years, most recently as Chief Counsel and Deputy Staff Director with the Senate Committee on Banking, Housing and Urban Affairs, and previously as Assistant Chief Counsel with the Senate Small Business and Entrepreneurship Committee. From 2007 to 2010, Ms. McWilliams served as an attorney at the Federal Reserve Board of Governors. Before entering public service, she practiced corporate and securities law at Morrison & Foerster LLP in Palo Alto, California, and Hogan & Hartson LLP (now Hogan Lovells LLP) in Washington, D.C.
Ms. McWilliams graduated with highest honors from the University of California at Berkeley with a B.S. in political science, and earned her law degree from U.C. Berkeley School of Law.
Dr. Mester was born in Baltimore, MD. She graduated summa cum laude with a bachelor of arts degree in mathematics and economics from Barnard College of Columbia University. She earned M.A. and Ph.D. degrees in economics from Princeton University, where she was a National Science Foundation Fellow.
Prior to being named president and chief executive officer of the Federal Reserve Bank of Cleveland, Dr. Mester had been executive vice president and director of research at the Federal Reserve Bank of Philadelphia, where she was the chief policy advisor, attended meetings of the Federal Open Market Committee, and oversaw the economists and analysts in the Research Department, as well as professionals in the Financial Statistics Department and the Payments Cards Center. She joined the Federal Reserve Bank of Philadelphia in 1985 as an economist, becoming senior vice president and director of research in 2000, and executive vice president and director of research in 2010.
Dr. Mester is an adjunct professor of finance at the Wharton School of the University of Pennsylvania and is a fellow at the Wharton Financial Institutions Center. She has also taught in the undergraduate finance and M.B.A. programs at Wharton and in the Ph.D. program in finance at New York University.
Her areas of research expertise and interest include the organizational structure and productive efficiency of financial institutions, financial intermediation and regulation, agency problems in credit markets, credit card pricing, central bank governance, and inflation. Dr. Mester has published numerous articles in refereed academic and professional journals on a variety of topics including economics, central banking, and financial issues. In addition, Dr. Mester is managing editor of the International Journal of Central Banking and co-editor of the Journal of Financial Services Research; and is an associate editor of several other academic journals.
Dr. Mester is a director of the Greater Cleveland Partnership, a trustee of the Cleveland Clinic, a trustee of the Musical Arts Association (Cleveland Orchestra), a director of the Council for Economic Education, a founding director of the Financial Intermediation Research Society, and a member of the advisory board of the Financial Intermediation Network of European Studies (FINEST). She is a member of the American Economic Association, the American Finance Association, the Econometric Society, and the Financial Management Association International.
Gilda is a strong industry advocate and demonstrates her passion and belief in the responsibility of buisiness leaders giving back to the communities they are a part of through personal example. Gilda is past chair of the Massachusetts Bankers Association (2016-2017), member of the American Bankers Association Banker Advocacy and Grassroots Committee; Chair of the Federal Reserve Bank of Boston’s Community Depository Institutions Advisory Council (CDIAC), and President of the Federal Reserve’s Community Depository Institutions Advisory Council at a national level representing the First District; and member of the Board of the Depositors Insurance Fund. Gilda supports numerous causes and organizations focused on improving the quality of life in the communities served by the bank. She is past president of the Somerville Rotary Club and continues her membership on the Rotary Club of Somerville as Board Member and Secretary, serves the Cambridge YMCA as member of the Board of Trustees and Treasurer, Advisory Board Member of Little Sisters of the Poor, and is passionate for helping those less fortunate, be it as a volunteer cook or by helping the homeless by preparing care packages for distribution by local organizations.
Gilda is a graduate of Lesley University, and a graduate of the National School of Banking – America’s Community Bankers at Fairfield University, and the New England School of Banking – Massachusetts Bankers Association at Babson.
Gilda has received various awards including Bankers and Tradesman “Women of Fire” (2013); Paul Harris Fellow by Rotary International (2014); Girl Scouts “Lady Baden-Powell Award” (2015); Good Neighbor/Community Hero Award by the New England Financial Marketing Association (NEFMA) (2016); and named in Top 100 Women-Led Businesses in Massachusetts by The Commonwealth Institute and the Boston Globe Magazine (2017).
Though modest about her professional accomplishments, she is quick to voice both pride and appreciation of her family. She is a mother of four adult children and a grandmother of seven. Gilda resides in Medford, Massachusetts with her husband of 38 years.
Prior to his appointment to the Board, Mr. Quarles was founder and managing director of the Cynosure Group, a Utah-based investment firm. Before founding the Cynosure Group, Mr. Quarles was a partner at The Carlyle Group, a private equity firm based in Washington, DC.
From September 2005 to November 2006, Mr. Quarles served as Under Secretary of the Treasury for Domestic Finance. Prior to serving as Under Secretary, from April 2002 to August 2005, Mr. Quarles was Assistant Secretary of the Treasury for International Affairs. During his tenure, Mr. Quarles served as policy chair of the Committee on Foreign Investment in the United States. Prior to joining the Department of the Treasury, Mr. Quarles served, from August 2001 to April 2002, as the U.S. Executive Director of the International Monetary Fund.
From January 1991 to January 1993, he served in the Treasury Department as a Special Assistant to the Secretary of the Treasury for Banking Legislation and as Deputy Assistant Secretary of the Treasury for Financial Institutions.
Prior to, and in between, his service at the Department of the Treasury, Mr. Quarles was a partner at Davis Polk & Wardwell, serving in their New York and London offices.
Mr. Quarles was born in September 1957. He received an A.B. in philosophy and economics, summa cum laude, from Columbia in 1981 and earned a law degree from the Yale Law School in 1984.
Mr. Quarles is married with three children.
Rodney Ramacharan is the Associate Professor of Finance and Business Economics (tenured), Marshall School of Business, University of Southern California and Director of Research, USC Lusk Center for Real Estate. Previously, Ramcharan worked at the Board Governors of the Federal Reserve System, serving as the first chief of the Systemic Financial Institutions and Markets Section (2012-2015). In that role, I helped develop analyses to understand better the role of financial institutions in the US economy, and contributed to the regulatory policy discussions at both the Federal Reserve and at Basel. I also worked for the International Monetary Fund from 2000-2010 during which I contributed to policy discussions on exchange rates and monetary policy in emerging markets such as South Africa and in a number of developing economies. I also served on the editorial board of Finance and Development and have been a visiting scholar at the Dutch National Bank and the Federal Reserve Bank of Philadelphia and served as a consultant to the Swedish Riksbank. Much of my research agenda has been shaped by the important policy questions I have encountered at these institutions.
Michael Stevens is the senior executive vice president at the Conference of State Bank Supervisors (CSBS). He is responsible for leading the organization's public policy, financial supervision, federal coordination, communications, industry relations and professional development functions. Stevens also serves as the principal deputy to the state banking member of the Financial Stability Oversight Council. Prior to his appointment in September 2011, he served as the senior vice president for regulatory policy, representing the state banking system in the development of policy in the areas of financial stability, prudential supervision and consumer protection. He joined CSBS in 1999 to work in all facets of CSBS's professional development division. Stevens is a frequent instructor and speaker on banking policy, examinations and financial analysis. He serves on the faculty of the Graduate School of Banking at Colorado and at Texas Tech University's School of Banking. He began his regulatory career as a bank examiner for the Iowa Division of Banking, where he served 11 years.