NEW YORK - The Federal Reserve Bank of New York today announced that its board of directors has approved the promotion of three senior vice presidents and four assistant vice presidents.

Thomas H. Roche has been promoted to deputy general counsel and senior vice president in the legal group. In that capacity he oversees enforcement, investigations, litigation, protection, and corporate matters for the bank.

Previously, Mr. Roche served as senior trial counsel with the U.S. Attorney's Office for the Eastern District of New York. He also served as Associate U.S. Attorney and as chief of the financial crimes section. He has extensive investigative and trial experience in many different types of cases, with a specialty in financial fraud, tax crimes and money laundering.

Mr. Roche has lectured on a variety of issues including, money laundering, financial crimes, tax prosecutions, investigative techniques, and prosecutive initiatives among others.

He also served as an instructor for the Attorney General's Advocacy Institute in areas of trial advocacy, money laundering investigations and prosecutions, and he taught trial techniques and advocacy at the FBI Academy in Quantico, Virginia.

Mr. Roche holds a B.A. degree from Bowdoin College and a J.D. degree from Temple University.

Robert C. Scrivani has been promoted to senior vice president responsible for the human resources function. He had been vice president for the function since January 1995.

Mr. Scrivani joined the bank in 1969 as a management trainee in the bank examinations department. Between 1971 and 1977, he held positions of increasing responsibility in both the public information and personnel departments and in January 1982, Mr. Scrivani was appointed an officer of the bank.

In October 1987, he was promoted to assistant vice president in the personnel department, which was renamed the human resources function in September 1994.

Mr. Scrivani holds a B.A. degree from Rutgers University, and an M.B.A. degree from Baruch College.

Raleigh M. Tozer has been promoted to deputy general counsel and senior vice president in the legal group. He is in charge of the financial services and automation division, and has responsibility for payments law, bank supervisory and remedial matters, and contract negotiation.

Mr. Tozer joined the bank in 1974 as a law clerk in the legal department. Between 1975 and 1979, he held positions of increasing responsibility in the legal department, and in January 1981, Mr. Tozer was appointed an officer of the bank with the title of assistant counsel. In January 1988, he was promoted to counsel (equivalent to assistant vice president).

In addition to his on-going responsibilities as counsel, Mr. Tozer was appointed corporate secretary of the bank six months in March 1993. In September 1993, he was promoted to vice president in the legal group and in March 1995, Mr. Tozer was given the additional title of deputy general counsel with responsibility for the financial services and automation division.

Mr. Tozer holds a B.A. degree from Yale University and a J.D. degree from Boston University Law School.

Carl W. Turnipseed, senior vice president in the financial services group, will become head of the bank's business development office in addition to his current responsibilities as manager of the Buffalo branch.

The following officers have been named assistant vice president (or equivalent):

• Jeannie V. Barnett, financial services group;
• Lori A. Bienstock, counsel, legal group;
• Anne F. Baum, markets group;
• John G. Ricketti, bank supervision group.