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Thursday, May 23, 2013

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SRC Insights: Fourth Quarter 2003

SVP Commentary on...
New Faces in SRC

On September 30, 2003, Bernie Wennemer, Assistant Vice President in Regional and Community Supervision, said goodbye to SRC staff as he moved on to the next stage in his career—retirement! With more than 35 years in banking supervision, Bernie was well known to many bankers in the District and took with him a wealth of knowledge that he had acquired over the years. Please join with me in wishing Bernie well in all of his future endeavors!

While we will miss Bernie's experience and perspective, we are fortunate that we have a strong group of senior staff who are ready to assume greater responsibility. For the institutions that we supervise, you will see familiar people assuming greater responsibility, and the transition should be seamless. In addition, I do plan to meet or talk with many of you over the coming months—whether individually, at Bankers' Forums, or at the Bank's annual field meetings—to introduce you to the new members of our official staff and discuss our holistic supervision strategies for the future.

The views expressed in this article are those of the author and are not necessarily those of this Reserve Bank or the Federal Reserve System.