NEW YORK – The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of 15 officers to assistant vice president and named 31 new officers at the Bank.

The following people have been promoted to assistant vice president:

• In the Financial Institution Supervision Group:

Marilyn Arbuthnott of Morganville, New Jersey
William Carlucci of Florham Park, New Jersey
Thomas Ferlazzo of Easton, Connecticut
Karen R. Kahrs of New York City
Dina M. Maher of Wantagh, New York
Steven A. Mirsky of Berkeley Heights, New Jersey

• In the Human Resources Group:

Danielle N. Levitt of Livingston, New Jersey

• In the Legal Group:

Jordan Avni  of Syosset, New York
Rose Patruno of Maplewood, New Jersey

• In the Markets Group:

Rose M. Ugarte-Gee of New York City
David L. Finklestein of Brooklyn, New York

• In the Research & Statistics Group:

Olivier Armantier of New York City
Patricia Selvaggi of Massapequa, New York

• In the Technology Services Group:

David Arzt of North Caldwell, New Jersey
Tracey A. Terry of Hoboken, New Jersey

The following people have been promoted to officer:

• In the Audit Group:

Audrey A. Foster of North Woodmere, New York

• In the Communications Group:

Claire V. Kramer of New York City

• In the Corporate Group:

Christopher Grandich of Oradell, New Jersey

• In the Credit and Payments Risk Group:

Patrick J. Coyne of Lloyd Harbor, New York
Rachel Lu of West New York, New Jersey

• In the Executive Office:

Rania C. Perry of New York City

• In the Financial Institution Supervision Group:

Paul Bhatti of Chappaqua, New York
Peter Drake of Westfield, New Jersey
Judith J. Gruttman of New York City
Brian Hefferle of Denville, New Jersey
Kristin H. Malcarney of New York City
Wilma Sabado of Staten Island, New York
Ralph T. Santasiero of Staten Island, New York
Johanna M. Schwab of New York City

• In the Financial Services Group:

Lisa M. Basile of Wood-Ridge, New Jersey

• In the Legal Group:

Kenneth H. Jones of New York City
Erin P. Kelly of Brooklyn, New York
Katherine S. Landy of Pelham, New York
William N. Schaefer of Rockville Centre, New York
Terence I. Smith of Brooklyn, New York

• In the Markets Group:

• In the Research and Statistics Group:

Michael A. DeMott of Lawrenceville, New York
Marc P. Giannoni of New York City
Ernst Schaumburg of Riverside, Connecticut

• In the Special Investments Management Group:

Gerald M. McCrink of Wantagh, New York
Wendy Wong of Brooklyn, New York

• In the Technology Services Group:

Jamie Bernstein of Merrick, New York
Amy Liu of Staten Island, New York
Ambrose M. Stafyleras of Brooklyn, New York

Contact:
Andrea Priest
(212) 720-6139
andrea.priest@ny.frb.org