Port of Long Beach chief joins San Francisco bank’s Los Angeles branch

The Federal Reserve Bank of San Francisco has announced the appointment of Port of Long Beach Executive Director Mario Cordero to the bank’s Los Angeles branch board of directors. The appointment was effective Jan. 1, 2021.

Cordero, who has led the Port of Long Beach since 2017, will continue in his role at the Port.

“It is an honor to be appointed to the Board of Directors for the Los Angeles Branch of the Federal Reserve Bank of San Francisco. I look forward to serving in this capacity, especially as we all work to help the economy recover,” said Cordero.

Prior to becoming the Port’s Executive Director, Cordero served on the Federal Maritime Commission from 2011 to 2017, and was FMC Chairman from April 2013 to January 2017. Cordero, an attorney, served as a Long Beach Harbor Commissioner from 2003 to 2011. He holds a law degree from the University of Santa Clara and a Bachelor of Science degree in political science from California State University, Long Beach.