John Molina, chief financial officer for Molina Healthcare Inc., was appointed Tuesday to the Federal Reserve Bank of San Francisco’s board for the Los Angeles branch.

The Federal Reserve Bank of San Francisco, with branch offices in Los Angeles, Seattle, Salt Lake City, and Portland, provides wholesale banking services to financial institutions in a nine-state region. Molina, along with the other six board members, will provide economic information about their respective industries and regions, which will be used to make monetary policy decisions.

Molina, 45, has been with Long Beach-based Molina Healthcare since its inception as a Medicaid managed care provider in 1980. The company was founded by his father, Dr. David Molina. His brother, Dr. Mario Molina, serves as chief executive. The company is now traded publicly. Molina is a graduate of California State University, Long Beach, and the University of Southern California School of Law.