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ADVISORY Groups ADVISORY GROUPS ADVISORY GROUPS 66 FEDERAL RESERVE BANK of NEW YORK 2015 ANNUAL REPORT ADVISORY GROUPS ADVISORY COUNCIL ON COMMUNITY DEPOSITORY INSTITUTIONS SMALL BUSINESS AND ADVISORY COUNCIL AGRICULTURE Chair MICHAEL ARNOFF MICHAEL J. CASTELLANA SALEEM IQBAL President President and Chief Executive Officer President and Chief Executive Officer Arnoff Moving and Storage SEFCU HAB Bank Albany, N.Y. Albany, N.Y. New York, N.Y. ALEJANDRO BALLESTER President ROBERT G. ALLEN KATHERINE J. LISENO Ballester Hermanos, Inc. President and Chief Executive Officer President and Chief Executive Officer Cataño, Puerto Rico Teachers Federal Credit Union Metuchen Savings Bank ADENAH BAYOH Hauppauge, N.Y. Metuchen, N.J. Partner MARTIN K. BIRMINGHAM MARY D. MADDEN Kapwood, LLC Irvington, N.J. President and Chief Executive Officer President and Chief Executive Officer Five Star Bank and Financial Hudson Valley Federal Credit Union STEWART BRUNHOUSE Institutions Inc. Poughkeepsie, N.Y. President Warsaw, N.Y. A&A Company, Inc. THOMAS J. SHARA South Plainfield, N.J. JOHN R. BURAN President and Chief Executive Officer WILLIAM M. BYRNE, JR. President and Chief Executive Officer Lakeland Bank and Lakeland Bancorp, Inc. Chairman of the Board Flushing Bank and Flushing Oak Ridge, N.J. Byrne Dairy, Inc. Financial Corp. Weedsport, N.Y. Uniondale, N.Y. JOHN F. TRENTACOSTA President and Chief Executive Officer ERIC CASLOW MARTIN A. DIETRICH President Newtown Savings Bank Acme Smoked Fish Corporation President and Chief Executive Officer Newtown, Conn. Brooklyn, N.Y. NBT Bank, N.A., and NBT Bancorp, Inc. Norwich, N.Y. CHARLES FEIT Founder and CEO JOSÉ RAFAEL FERNÁNDEZ OnForce Solar President, Chief Executive Officer, Bronx, N.Y. and Vice Chairman DEBORAH LEO Oriental Bank and OFG Bancorp President San Juan, Puerto Rico Retail Solutions Center Freeport, N.Y. PETER MAGLATHLIN Chief Executive Officer MBI, Inc. Norwalk, Conn. PATRICK MAROTTA President and Chief Executive Officer Marotta Controls Montville, N.J. RANJINI PODDAR Founder and CEO Artech Information Systems, LLC ADVISORY GROUPS Morristown, N.J. 67 FEDERAL RESERVE BANK of NEW YORK 2015 ANNUAL REPORT ECONOMIC ADVISORY FINANCIAL ADVISORY FEDERAL ADVISORY PANEL ROUNDTABLE COUNCIL ALAN S. BLINDER TERRENCE BELTON Second District Member Princeton University JPMorgan Chase JAMES P. GORMAN Chairman and Chief Executive JULIA L. Coronado JOHN GEANAKOPLOS Officer Graham Capital Management, L.P. Yale University Morgan Stanley MICHAEL E. Feroli LAURIE GOODMAN New York, N.Y. JPMorgan Chase Urban Institute JEFFREY FRANKEL GARY GORTON Harvard University Yale School of Management MARK Gertler DARRYLL HENDRICKS New York University UBS Marvin GOODFRIEND CHARLES HIMMELBERG Carnegie Mellon University Goldman Sachs Austan GOOLSBEE ANDREW LO University of Chicago MIT Sloan School of Management JAN Hatzius DEBORAH LUCAS Goldman Sachs & Co. MIT Sloan School of Management PETER HOOPER MANJU PURI Deutsche Bank Securities, Inc. The Fuqua School of Business, Duke University GLENN Hubbard Columbia University STEPHEN RYAN Stern School of Business, New York ANIL Kashyap University University of Chicago TANO SANTOS N. Gregory MANKIW Columbia Business School Harvard University DAVID SCHARFSTEIN FREDERIC MISHKIN Harvard Business School Columbia University ANTOINETTE SCHOAR CARMEN M. Reinhart MIT Sloan School of Management Harvard Kennedy School KENNETH ROGOFF Harvard University MICHAEL WOODFORD Columbia University ADVISORY GROUPS 68 FEDERAL RESERVE BANK of NEW YORK 2015 ANNUAL REPORT INVESTOR ADVISORY COMMITTEE ON MONETARY POLICY FINANCIAL MARKETS ADVISORY PANEL STEPHEN BLYTH ALAN HOWARD MARKUS BRUNNERMEIER President and CEO Founder Department of Economics Harvard Management Co. Brevan Howard Princeton University TIM BUCKLEY BOB JAIN MARK GERTLER Chief Investment Officer Global Head of Asset Management Department of Economics Vanguard Credit Suisse New York University JAMES CHANOS PAUL T. JONES TAKATOSHI ITO Founder and President Co-Chairman & Chief School of International and Kynikos Associates Investment Officer Public Affairs Tudor Investment Corp. Columbia University WELLINGTON DENAHAN Executive Chairman SCOTT MINERD NOBUHIRO KIYOTAKI Annaly Capital Management, Inc. Global Chief Investment Officer Department of Economics and Managing Partner Princeton University MARY CALLAHAN ERDOES Guggenheim Partners Chief Executive Officer FREDERIC MISHKIN J.P. Morgan Asset Management ERIC MINDICH Columbia Business School Chief Executive Officer Columbia University DAWN FITZPATRICK Eton Park Capital Management Global Head and Chief THOMAS PHILIPPON Investment Officer RICK RIEDER Stern School of Business O’Connor Chief Investment Officer and New York University Co-Head of Americas Fixed Income BRITT HARRIS RICARDO REIS BlackRock, Inc. Chief Investment Officer Department of Economics Teachers Retirement System of Texas DAVID TEPPER Columbia University Founder and President JOSHUA HARRIS CHRISTOPHER SIMS Appaloosa Management L.P. Founder and Chief Investment Officer Department of Economics Apollo Management Princeton University MICHAEL WOODFORD Department of Economics Columbia University ADVISORY GROUPS 69 FEDERAL RESERVE BANK of NEW YORK 2015 ANNUAL REPORT UPSTATE NEW YORK REGIONAL ADVISORY BOARD WHOLESALE PAYMENTS ADVISORY GROUP AMINY I. AUDI DR. ANNE KRESS President and Chief Executive Officer President MICHAEL BELLACOSA L. & J. G. Stickley Monroe Community College Director Manlius, N.Y. Rochester, N.Y. The Bank of New York Mellon SCOTT BIELER JAMES P. LAURITO GRETCHEN BREILING President President Director West Herr Automotive Group, Inc. Central Hudson Gas and Electric Bank of America Orchard Park, N.Y. Corporation MITCHELL CHRISTENSEN Poughkeepsie, N.Y. TIM BUSCH Executive Vice President Executive Vice President and JORDAN LEVY Wells Fargo Bank Co-Chief Operating Officer New York Partner JEFFREY DUNN Nexstar Broadcasting Group, Inc. SoftBank Capital Senior Vice President Irving, Tex. Buffalo, N.Y. US Bank Corporation GARY CROSBY MELANIE LITTLEJOHN SIMON FAN President and CEO Regional Executive Director Director First Niagara Financial Group National Grid (Central New York Deutsche Bank Buffalo, N.Y. Division) North Syracuse, N.Y. MIGUEL GUERRERO KENNETH FRANASIAK Vice President Chairman LINDA MACFARLANE PNC Bank Calamar President and Chief Executive Officer Wheatfield, N.Y. Community Loan Fund of the PAUL IMM Capital Region Head of Treasury Payment Products WILLIAM GISEL Albany, N.Y. JPMorgan Chase President and Chief Executive Officer Rich Products Corporation MARTIN MUCCI VANESSA LIN Buffalo, N.Y. President and Chief Executive Officer Senior Vice President Paychex, Inc. HSBC Bank, USA LAWRENCE KESSLER Rochester, N.Y. Co-Owner and Founder MARIE-JUDE MAIGNAN Kessler Family LLC ROBERT L. STEVENSON Director Rochester, N.Y. President and Chief Executive Officer UBS Eastman Machine Company Buffalo, N.Y. MARK MCNULTY Clearing & FI Payments Head CARLOS UNANUE Citigroup President Goya de Puerto Rico, Inc. ROSANNE M. ROSENBERGER Bayamón, P. R. Vice President KeyBank MARY KATE SAVINI Assistant Vice President State Street Bank and Trust Corporation ADVISORY GROUPS 70 FEDERAL RESERVE BANK of NEW YORK 2015 ANNUAL REPORT WHOLESALE SECURITIES CUSTOMER ADVISORY GROUP MICHAEL ALBANESE CHRIS HARPER Managing Director Director, Operations JPMorgan Chase Bank, N.A. Federal Home Loan Banks – Office of Finance BRENT BLAKE Vice President ELKE JAKUBOWSKI State Street Bank and Trust Company Vice President The Depository Trust and Clearing TERRY BOUTHILET Corporation Vice President Wells Fargo Bank, N.A. DEBORAH MERCER-MILLER Vice President MICHAEL J. BROWN Citibank, N.A. Vice President, Capital Markets Operations RANDA PAVER Fannie Mae Senior Director, Loan & Securities Operations KEVIN CAFFREY Freddie Mac Managing Director The Bank of New York Mellon, N.A. DARA N. SEAMAN Assistant Commissioner, Treasury DANIEL CROZIER Securities Services Vice President, Director of Capital U.S. Department of the Treasury Markets Operations U.S. Bank JOHN T. DAUGHERTY Acting Senior Vice President, Office of Securities Operations Ginnie Mae ADVISORY GROUPS 71.
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