Peter Bakstansky (MA ’57) – President

Peter-BakstanskyPeter Bakstansky retired in 2006 as senior vice president of the Federal Reserve Bank of New York and a member of the bank’s management committee after 30 years. He was the bank’s senior spokesman and head of the public information area since February 1976 and also was responsible for the Office of Regional and Community Affairs. He served as the ombudsman of the bank for 22 years 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.

In addition to being president of the board of Alumni & Friends, Mr. Bakstansky is 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. Mr. Bakstansky is a member of the Council on Foreign Relations.

Mr. Bakstansky is married and lives in Manhattan.