Press Release
New York Fed Names New Executive Vice President
August 8, 2008

NEW YORK—William T. Christie has been named executive vice president of the Federal Reserve Bank of New York and head of the Bank’s Automation and System Services Group. Mr. Christie succeeds Michael Yorke, who retired on August 1. Mr. Christie’s appointment was made by the Bank’s board of directors and is effective August 18.

Most recently, Mr. Christie worked for Commerce Bank as the director of information systems and chief information officer where he managed the staff members within technology, vendor management, information security and business continuity planning. Mr. Christie reported directly to the chairman of Commerce Bank.

Mr. Christie’s prior experience included ten years of employment at Bank of America/MBNA America. Most of his tenure there was with MBNA (acquired by Bank of America in 2005), where he served as a senior executive vice president. In his role, he was responsible for managing the efforts of over 1,500 technology people including application development and project management.

Mr. Christie began his career working for IBM as an application developer. His tenure at IBM lasted 13 years and he left as a certified client/server specialist. Prior to IBM, Mr. Christie served for three years in the United States Army.

Mr. Christie received a master's in information systems management from Marist College in 1989 and a bachelor's degree in computer science from St. John’s University in 1983.

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