For immediate release

Contact: Daneil Mazone, Senior Media Relations Representative, 215-574-7163

The Federal Reserve Bank of Philadelphia has announced the promotions of Michael T. Doyle to vice president in Treasury Payments and Jill Hettinger to budget officer in the Enterprise Risk Management Department.

Since 2010, Doyle has led the team supporting the Treasury Check Information System, and more recently, he has directed the development of the Post Payment System (PPS), a large, multiyear application development effort for the Treasury. Doyle has made significant contributions to the project's success and will provide strong leadership as the project delivers major releases of PPS over the next several years.

Doyle joined the Bank in 1988 in the Information Technology Services (ITS) Department and has held several technical and managerial positions. In 2003, he was appointed business planning and analysis officer in Financial Management Services, and in 2005, he was promoted to assistant vice president in ITS. He had several assignments to support the Groupware Leadership Center, which supports the e-mail and collaboration environment for the Federal Reserve System and the development of System Networks on behalf of National IT. He has an M.B.A. from Drexel University and a bachelor's degree in English from Villanova University.

Hettinger began her career at the Bank in business planning and analysis in 1999 and subsequently held positions of increasing responsibility in the Financial Management Services and Enterprise Risk Management departments. She has responsibility for all aspects of the Bank's financial and capital budget, forecasts, and financial performance monitoring. She works with all departments to prepare and manage the Bank's budget.

Hettinger has been an active leader in Federal Reserve System workgroups and has participated in the System Interchange Program at the Board of Governors. Hettinger has a bachelor's degree in English from Saint Joseph's University.

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.