Former Federal Reserve chairman Bernanke to serve as senior adviser at Citadel

Economic IndicatorsAssociated Press

Former Federal Reserve Chairman Ben Bernanke will serve as a senior adviser to Citadel, the investment firm said Thursday.

Citadel said Bernanke will consult with its teams on developments in monetary policy, financial markets and the global economy.

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Bernanke was chairman of the Federal Reserve from February 2006 to January 2014. He will continue to serve in other roles, including as a distinguished fellow in residence with the Brookings Economic Studies Program and its Hutchins Center on Fiscal and Monetary Policy.

Bernanke's memoir, called "The Courage to Act," will be coming out in October. Last month he started a blog on economics and finance.