Banking

Beth Ardoin promoted, named to Federal Reserve board in N.O.

by Leslie Turk

With promotion, the IberiaBank exec assumes additional responsibility overseeing human resources.

IberiaBank announced that Lafayette's Beth Ardoin, who was promoted to senior executive vice president in late February, has been appointed to the board of directors of the Federal Reserve Bank of Atlanta's New Orleans branch.

Ardoin, a Eunice native who joined the Lafayette-based bank in 2002 as senior vice president and director of communications, is now senior EVP and director of communications, facilities and human resources. The HR role was added to her duties with the February promotion. The bank said in a press release that her responsibilities encompass all aspects of corporate public relations and communications, while she also maintains facility management and oversees the company's HR function.

"Beth does an amazing job for our organization," IberiaBank President and CEO Daryl G. Byrd said in the release. "We are delighted to announce this promotion which honors the dedication and performance of this unique individual."

Byrd said the bank is equally honored to have her represent the company and region with her recent appointment to the board of directors of the Federal Reserve Bank of Atlanta's New Orleans Branch.

The Federal Reserve Bank of Atlanta branch directors provide economic information from their industries and the branch territory to the district bank's president and head office directors, who use the information to formulate monetary policy and make discount rate recommendations. The board of governors appoints three of the New Orleans Branch directors, and the Atlanta head office directors appoint four.

With $13 billion in assets as of Dec. 31 and more than 2,700 employees, IberiaBank Corporation has 278 combined offices, including 184 bank branch offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida. It also has 21 title insurance offices in Arkansas and Louisiana, mortgage representatives in 62 locations in 12 states, eight locations with representatives of Iberia Wealth Advisors in four states, one IberiaBank loan production office, and one Iberia Capital Partners office in New Orleans.