Jeremy Nowak is the chairman of the Federal Reserve Bank of Philadelphia’s board of directors and has been a director since January 2008. He has also served on the Federal Reserve’s Consumer Advisory Council.
Nowak is the president of J Nowak and Associates, LLC, a consulting firm that provides counsel to business and social sector institutions. He is also interim director of ArtPlace, a national organization investing in art programs to help transform communities. He is a Nonresident Senior Fellow at the Brookings Institution and a Nonresident Scholar at the University of Pennsylvania’s Institute for Urban Research. Nowak served as president of the William Penn Foundation from 2011-2012. Prior to his position at the William Penn Foundation, he had been president and CEO of The Reinvestment Fund in Philadelphia, which he co-founded in 1985. He was also the chairman of the Mastery Charter Schools (2001-2008) and Alex’s Lemonade Stand Foundation (2005-2011). He has also served on the board of the Pennsylvania Housing Finance Agency. In 2011, he was recognized by the Opportunity Finance Network with its Ned Gramlich Lifetime Achievement Award for Responsible Finance. Nowak has a Ph.D. in cultural anthropology from the New School for Social Research, New York.