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Philadelphia Fed Announces Promotions

For immediate release
Contact: Katherine Q. Dibling, senior media advisor, (215) 574-4119

Philadelphia, Pa. - The Federal Reserve Bank of Philadelphia has promoted Gregory Fanelli to assistant vice president in Treasury Payments and Brian Calderwood and Patrick Turner to assistant vice presidents in IT Services.

Fanelli was Treasury Payments officer. In his new position, he is responsible for major automation projects related to Treasury Payments. He manages the Treasury Check Information System and is leading the effort to modernize the Treasury claims reconciliation process. Prior to his arrival at the Bank in 1995, Fanelli worked for Unisys Corporation. He has a bachelor’s degree in computer science from Drexel University.

Calderwood was IT Service officer. In his new position, he is responsible for managing the operations within the Groupware Leadership Center (GLC), which supports the e-mail and collaboration environment for the Federal Reserve System.

Before coming to the Bank, Calderwood had worked in various capacities for IBM and The Vanguard Group. He is a graduate of Pennsylvania State University, holding a bachelor’s degree in finance, plus a master’s degree in economics from Temple University.

Turner was IT Services officer. In his new position, he is responsible for strategic planning and deployment of collaborative services, including e-mail, instant messaging, web conferencing, and team websites. Prior to his arrival at the Bank, Turner worked in Lotus Notes administration and as a development manager for Capital One and Circuit City. He holds a bachelor’s degree in computer and information systems from James Madison University and an MBA 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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