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Bank Announces Officer Promotions

For immediate release
Contact: Marilyn Wimp, E-mail Public Affairs Specialist, 215-574-4197

Philadelphia, Pa. - The Federal Reserve Bank of Philadelphia has announced the promotions of Charles Kirkland to assistant vice president in Financial Statistics, Heather Derbyshire to officer in Financial Statistics, Dawn Karlyn to officer in Treasury Services, and the transfer of Jack Kelly to assistant vice president in Enterprise Risk Management.

Charles KirklandCharles Kirkland

Kirkland joined Financial Statistics in 1991 as a statistical reports analyst. He was promoted to statistics manager in 2006 and to officer in 2012. He currently serves on several Federal Reserve System work groups, including the System’s Statistics and Reserves Training Subcommittee and a work group on analytical tools, which he chairs. Kirkland contributes to strategic planning at the department and System levels. He received a bachelor of science in economics from Pennsylvania State University in 1990.

Heather DerbyshireHeather Derbyshire

Derbyshire joined Financial Statistics in 2000 as a statistical reports analyst. She was promoted to statistics coordinator in 2005 and to statistics manager in 2012. She has served on a work group on data series migration as well as supported the Statistics and Reserves Modernization Communications Program. Derbyshire also helped facilitate the most recent census and survey of finance companies. She received a bachelor of arts in economics from the University of Delaware in 2000.

Dawn KarlynDawn Karlyn

Karlyn joined the Bank as an auditor in 1982. After that, she served several departments in analytical and managerial roles, including Fiscal Services from 1983-93, Check Adjustments from 1993-94, Customer Services and Support from 1994-2004, and Treasury Services from 2004 to the present. Karlyn oversees the Accounting and Collateral Services, Financial Control, Records Management, and Mail and Document Services divisions within Treasury Services.

Karlyn is currently on the board of directors for the Youth Orchestra of Bucks County. She attended Leadership Philadelphia’s Core Program in 2011 and received the Bank’s Unique Achievement Award for her work supporting the U.S. Treasury’s Collections and Cash Management Modernization initiative. In addition, she is chairperson of the Bank’s Diversity Council and serves on the Bank’s Talent Management Workgroup and Innovation Team. Karlyn received a bachelor of science in accounting from Villanova University in 1978 and earned a master of business administration from Drexel University in 1983.

Jack KellyJack Kelly

Kelly joined the Bank in 1981 as an accounting analyst. After that, he served for nearly two decades as a manager and officer in the Retail Payments Department before moving to Treasury Services in 2010, where he served as assistant vice president. During his tenure in Treasury Services, he managed the successful transfer of the U.S. Savings Bonds print function to Philadelphia from the Pittsburgh Branch of the Federal Reserve Bank of Cleveland. Kelly also supported the U.S. Treasury’s Collections and Cash Management Modernization initiative, establishing the Treasury Collateral Management and Monitoring operations support unit. In his new role in Enterprise Risk Management, Kelly will be responsible for preparation and administration of the Bank’s budget.

Kelly began his career in 1977 with Reliance Insurance Co. in Philadelphia as a financial analyst. He received a bachelor of science in finance in 1977 and earned a master of business administration in accounting in 1984, both from LaSalle University.

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. It is one of the 12 regional Reserve 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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