|Allan R. Landon|
Landon, a graduate of Iowa State University, spent 18 years working in the Midwest for Ernst & Young auditing and advising community banks, before becoming chief financial officer of First American National Bank in Tennessee, Appelbaum writes. Landon was at the Bank of Hawaii from 2004-2010, and in 2012 he joined with a partner, Frank Reppenhagen, to create Community BanCapital, an investment fund focused on community banks.
While the Senate is now Republican-led and might not be quick to support an Obama nomination, "Landon may be helped by the broad bipartisan support for putting a community banker on the Fed board," Appelbaum writes. "Draft legislation reserving a board seat for such a candidate passed the House last year and has attracted wide backing in the Senate." (Read more)