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In May, the center welcomed Dubravka Ritter as an industry specialist. Before joining the Bank, Ritter spent four years as an economist at the consulting firm Charles River Associates. While there, she performed fair-lending statistical and econometric analysis as part of regulatory compliance and risk management support for financial institutions with mortgage, payment card, auto loan, and other portfolios. She also conducted econometric analysis in support of litigation alleging antitrust violations and patent infringement, including market definition, demand analysis, and damages estimation. Her research interests include the economics of discrimination and equal access to credit, credit and payments markets for underserved consumers, and consumer payment choice. Ritter holds an M.A. degree in economics from the University of Toronto and a B.A. degree in economics, magna cum laude, from Wellesley College.
In July, the center bid farewell to its manager, Gayle Griffith, who retired from the Federal Reserve Bank of Philadelphia after 10 years. In her place, we hired Stephen Pipito as department coordinator. Pipito has been with the Philadelphia Fed for nearly 14 years, during which time he worked in the Bank’s Supervision, Regulation and Credit Department. Prior to coming to the Philadelphia Fed, he was a commercial lender for First Union and Bank of America and also worked for General Electric. Pipito has an MBA from Widener University.
Finally, in October Industry Specialist Philip Keitel will be leaving the center to join the Philadelphia Fed's Legal Department. Keitel has been with the center for four years. In that time he has produced eight PCC publications, organized eight workshops and conferences, and made at least 15 presentations on the center’s behalf. He has been an important contributor to the center’s success as well as an excellent colleague. We are sad that his time with us is ending, but we are also excited for him as he begins the next stage of his career in the Federal Reserve System.