Federal Reserve Bank of Cleveland Announces Officer Appointments and Organizational Changes

The Federal Reserve Bank of Cleveland announced the following officer appointments, effective April 16, 2014.

Emre Ergungor has been appointed an assistant vice president. Ergungor, an economist, is responsible for the household finance section of the Bank’s Research Department and for the Muni Financial Monitoring Team. Ergungor joined the Bank in 2000. He earned a bachelor’s degree in Mechanical Engineering from Bogazici University and an MBA from Koc University, both in Istanbul. He also earned a Ph.D. in Finance from the University of Michigan.

Thomas J. Fitzpatrick, IV, has been appointed an assistant vice president. Fitzpatrick has assumed responsibility for managing the Bank’s Credit Risk Management Department. Previously an economist in the Bank’s Community Development Department, Fitzpatrick joined the Bank in 2007. He earned a bachelor’s degree in Philosophy and Psychology from the College of Wooster. He also holds a Juris Doctorate in Law from Cleveland-Marshall Law School and is currently enrolled in a master of arts in economics program at Cleveland State University.

Mark Greenlee has been appointed a vice president and counsel in the Legal Department. He is responsible for the Bank’s expanded regulatory efforts related to Dodd Frank. Greenlee joined the Bank as a senior attorney in 1996 and was promoted to counsel in 2001. He earned a Juris Doctorate degree in Law from Capital University Law School and a bachelor’s degree in Economics from Allegheny College.

Matt Hite has been appointed vice president, Strategic Bank Services. He oversees the Bank’s Continuous Improvement, Enterprise Risk Management, Strategy & Performance Management, Business Continuity, and Information Security functions. Hite joined the Bank as an assistant bank examiner in 1993. He later transitioned to an internal auditor position before leaving the Bank in 1997 to join KeyCorp's Risk Review Group. Hite rejoined the Cleveland Fed as manager of the Enterprise Risk Management function in 2009. He earned a bachelor’s in Business Administration from John Carroll University and is a Certified Internal Auditor (CIA).

Lisa Lipscomb has been appointed an assistant vice president in the Audit Department. She assists the Bank’s General Auditor in directing all internal audit activities. Lipscomb joined the Bank in 2009 as a compliance coordinator for the Cash Department. She was promoted to manager in the Audit Department in 2012. Before joining the Bank, Lipscomb served as a consultant, a corporate risk auditor with Bank One Corporation and a staff accountant with Ernst & Young. She earned a bachelor’s degree in Accounting from Ohio University and is a Certified Public Accountant (CPA).

Carrie McFadden has been appointed an assistant vice president in the Statistics and Analysis Department. She oversees the collection and analysis of financial information from the banking industry and other sources in support of the Bank's supervision and regulation, monetary policy, and research functions. McFadden joined the Bank in 1998 as an assistant bank examiner. She assumed positions of increasing responsibility and most recently served as a banking supervisor. She earned a bachelor’s degree in Finance from Ohio University and has participated in the ABA Stonier Graduate School of Banking at Georgetown University.

Mary Helen Petrus has been appointed an assistant vice president in the Community Development Department. She has responsibility for the department's outreach and research initiatives. Petrus joined the Bank in 2008 as a senior policy analyst and was promoted to manager of the Community Development Department in 2009. Prior to that, she served as director of policy development for the Cleveland Neighborhood Development Coalition and as a budget analyst for the Congressional Budget Office. Petrus was a co-founding director of ReBuild Ohio, a statewide consortium that studies and develops policy recommendations on property vacancy and abandonment. She earned a bachelor's degree in Communications and Political Science from Northwestern University and a master’s degree in Public Policy from the University of Chicago’s Harris School of Public Policy Studies.

Brian Williams has been appointed an assistant vice president, Business Process Support in the Supervision, Credit, and Statistics (SCS) Department. Since joining the Bank as a resource analyst in 2006, he has assumed positions of increasing responsibility, including manager of Information Management in the SCS Department. Prior to joining the Bank, Williams worked as a senior financial analyst for Flight Options. He earned a bachelor’s degree in Finance from Ohio University and an MBA from Cleveland State University.

The Cleveland Reserve Bank also announced the following organizational change, effective April 16, 2014.

Doug Banks, vice president, has assumed responsibility for the Bank’s Facilities Department and Law Enforcement Unit. Banks joined the Cleveland Fed as a bank examiner in 1986 and assumed positions of increasing responsibility including banking supervisor, assistant vice president for consumer affairs, and vice president for community bank supervision. Banks most recently served as a vice president in the Supervision, Credit, and Statistics Department. He earned a bachelor’s degree in Accounting and Finance from Miami University and is a Certified Public Accountant (CPA).

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As part of the nation’s central bank, the Cleveland Fed participates in the formulation of U.S. monetary policy, supervises banking organizations, provides payment and other services to financial institutions and the U.S. Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. For more information, go to www.clevelandfed.org or follow us on Facebook and Twitter (@ClevelandFed).