FEDERAL RESERVE BANK of NEW YORK

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- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
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  The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
  
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Community Development
& Education

Robert T. Marsh

"Tom" Marsh is Chairman of the President's Commission on Critical Infrastructure Protection. He is tasked with bringing together the combined forces of government and the private sector to advise and assist the President by developing a strategy for protecting and assuring the continued operation of the nation's critical infrastructures. These critical infrastructures include telecommunications, electrical power systems, gas and oil transportation and storage, banking and finance, transportation, water supply systems, emergency services (medical, police, fire and rescue) and continuity of government operations.

Mr. Marsh has an extensive background as an aerospace consultant. He serves as the Chairman of the Board of CAE Electronics, Inc. and Comverse Government Systems Corp. He is a Director of Teknowledge Corp. and trustee of the MITRE Corp. He is also the Director of the Air Force Aid Society. Mr. Marsh is a member of the Board of Visitors of the Carnegie-Mellon Software Engineering Institute and was chairman of the Board of Visitors of the U.S. Air Force Institute of Technology.

From 1989 to 1991 he served as the first chairman of Thiokol Corp; as it transitioned from Morton-Thiokol to separate company status. Mr. Marsh is a retired Air Force general. His last assignment was serving as the commander of the Air Force Systems Command, where he directed the research, development, test and acquisition of aerospace systems for the Air Force.

With his vast experience in both commercial industry and the military, Mr. Marsh brings a unique understanding of both government and industry needs in the area of critical infrastructure protection to his position as Chairman of the Commission.

Quick Facts:

Born January 3, 1925 in Logansport, Ind.
Graduated from the U.S. Military Academy, West Point, NY.
Earned master of science degrees from the University of Michigan in instrumentation engineering and aeronautical engineering.
First Chairman of Thiokol Corp. 1989-1991.

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