Federal Reserve re-elects 2 directors. (Federal Reserve Bank of Cleveland; William T. McConnell and Douglas E. Olesen) (Brief Article)

Two Central Ohio executives have been re-elected directors of the Federal Reserve Bank of Cleveland.

Re-elected to three-year terms beginning Jan. 1 are William T. McConnell, president of the Park National Bank of Newark, and Douglas E. Olesen, president and chief executive officer of Battelle Memorial Institute of Columbus.

The Federal Reserve Bank of Cleveland is one of 12 regional reserve banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the …