Peter Bakstansky recently retired as senior vice president of the Federal Reserve Bank of New York and a member of the bank’s management committee after 30 years. During that time he was in charge of the public information area and also was responsible for the Office of Regional and Community Affairs. He served as the ombudsman of the bank and was the senior administrative officer for the executive group.
Prior to joining the Fed, Mr. Bakstansky served in several capacities at Chase Manhattan Bank starting in 1966, including six years in Europe, based in Paris and Brussels, and from 1972-74 as vice president and director of public relations at Chase’s head office. Before that, Mr. Bakstansky was a business news writer for several newspapers in New York, including serving as banking editor of the New York Herald Tribune from 1964 to mid-1966, when it closed. He received a bachelor of business administration degree from City College of New York in 1961. In addition, he has studied at the Graduate School of the University of Illinois and at New York University's Graduate School of Business.
Mr. Bakstansky is a member of the board of directors of The World Press Institute, St. Paul, Minnesota; a member of the board of advisors of the Knight-Bagehot Fellowship at Columbia University, and chair of The College and Community Fellowship, an educational foundation in New York City. He also is a founder and a board member of The Alumni and Friends of LaGuardia High School Inc., a not-for-profit organization, which is assisting the New York City high school. Mr. Bakstansky is also a member of the Council on Foreign Relations. He is married and lives in Manhattan.