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Philadelphia Fed Announces Three Promotions

For immediate release
Contact: Katherine Q. Dibling at (215) 574-4119

PHILADELPHIA, Pa. – The Federal Reserve Bank of Philadelphia has promoted Alice J. Menzano to vice president and Brian Calderwood and Patrick Turner to officers, all in the Bank’s Information Technology Services Department.

Menzano is promoted from assistant vice president to vice president in the Information Technology Services Department. She manages the Groupware Leadership Center, which is an arm of the Federal Reserve Information Technology Services that supports e-mail and collaborative technologies. Menzano joined the Bank in 1978 and has worked in Audit, Computer Services, Retail Payments, Quality Assurance, and Contingency Planning. She was deputy product manager in the Cash/Fiscal Product Office. She holds a bachelor’s degree in accounting from Drexel University and an M.B.A. from Philadelphia University. She also attended the Stonier School of Banking.

Calderwood is promoted from manager in the Groupware Leadership Center to IT Services officer. He is responsible for managing the operations within the Groupware Leadership Center. Calderwood originally joined the Federal Reserve Bank of Philadelphia in 1989 as a system support analyst in Treasury Direct. In 1995, he left the Bank to work with IBM’s Lotus Development Division and moved on to the Vanguard Group in 1998. Calderwood returned to the Philadelphia Federal Reserve in 2000, and since then, he has held a series of positions with increasing responsibility in support of the Federal Reserve System’s expanding collaboration technologies. He holds a bachelor's degree in finance from Pennsylvania State University and a master’s degree in economics from Temple University.

Turner is promoted from Groupware architect to IT Services officer. He joined the Federal Reserve Bank of Dallas in 2002 as a member of the Groupware Leadership Center, having managed IBM/Lotus collaboration technologies in the private sector. Prior to this, Turner was with Capital One in Richmond, Va. In this new position, he will have primary responsibility for strategic planning for the evolution of our collaborative services and their integration into portals, which provide combined access to applications, web content, collaboration, and related services. He holds a B.B.A in computer and information systems from James Madison University and an M.B.A from Virginia Commonwealth University.

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government. One of the 12 regional banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.

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