Sproul, Allan(1896–1978) banker; born in San Francisco. The son of a Scottish immigrant, he graduated from the University of California: Berkeley in 1919 and joined the Federal Reserve banking system the following year. An authority on the world monetary system, he was president and chief executive officer of the Federal Reserve Bank of New York, the largest of the 12 in the Federal Reserve system, from 1941–56.
The Cambridge Dictionary of American Biography, by John S. Bowman. Copyright © Cambridge University Press 1995. Reproduced with permission.