Luke Tilley Joins Wilmington Trust as Chief Economist

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January 08, 2015
Based in Wilmington Trust’s headquarters in Wilmington, Del., Tilley will oversee firm’s macroeconomic forecasting activities.
Luke Tilley, Chief Economist
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Luke Tilley, Chief Economist

Wilmington Trust hired Luke Tilley as its new chief economist. In this role, Tilley will oversee the firm’s efforts in the macroeconomic forecasting area. He is based in Wilmington Trust’s headquarters in Wilmington, Del.
Tilley is a member of Wilmington Trust’s Investment Strategy Team, developing forecasts of the U.S. and international economies, as well as researching emerging issues to support and enhance the firm’s investment strategy. He is also responsible for communicating the economic outlook and investment strategy to clients and the public.
“The foundation of our investment process requires discipline and insight on the macroeconomic level in order to effectively deploy client assets into the financial markets,” said Tony Roth, Wilmington Trust’s chief investment officer. “With a background bridging the public and private sectors, Luke’s contribution to our investment thinking will further help position our clients to succeed in an investment environment that continues to be dominated by economic events.”
Tilley comes to Wilmington Trust from the Federal Reserve Bank of Philadelphia, where he was the officer and economic advisor. He joined the Federal Reserve in 2009 as a regional economic advisor. While at the Federal Reserve, he researched emerging regional economic issues, provided economic presentations, and helped coordinate the Economic Advisory Council, as well as managed congressional outreach within the bank’s district.
Previously, he was senior economist at IHS Global Insight for nearly four years. Tilley served as economist for the U.S. Department of Housing and Urban Development before that. He was an adjunct faculty member at Temple University for almost 12 years, and served on the board of directors for the Pennsylvania Economic Association. Currently, Tilley is a member of the National Association for Business Economics and the Philadelphia Council for Business Economics.
Tilley earned a bachelor’s degree in Economics and History from James Madison University, and received a master’s degree and Ph.D. in Economics from Temple University.

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