Ellis, George H., 1920-2005

George H. Ellis was the ninth president at the Federal Reserve Bank of Boston, serving from March 1961 to June 1968. A one-year sabbatical brought Ellis to the Boston Fed in 1952 as an industrial economist. He was appointed the director of research in 1953 and became a vice president in 1957. Under his leadership, the Research Department grew from six employees to twenty and began playing a more active role in matters facing the New England economy. Ellis was named president of the Boston Fed in 1961, becoming the first formally trained economist to serve in that capacity. (Source: Federal Reserve History)