John R. Price

John R. Price, a veteran banker and specialist in international finance, has been named to succeed James D. Roy, who is retiring at the end of the year, as president and chief executive officer of the Federal Home Loan Bank of Pittsburgh.

Mr. Roy, 65, has been at the helm since 1987, during which the wholesale bank's assets ballooned from $6.1 billion to about $76 billion.

Mr. Price, 66, has been senior adviser to the Institute of International Finance, a Washington, D.C.-based global organization with some 340 banks and central banks as members, since 2001 and is president and CEO of International Financial Development Corp.

Previously, Mr. Price had a 29-year career at JP Morgan Chase & Co..