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Philadelphia Fed Announces Bank Promotions

For immediate release
Contact: Rachel Brown, E-mail Media Relations, 215-574-3840

Philadelphia, PA — The Federal Reserve Bank of Philadelphia has announced the following promotions and appointments:

Michael Dotsey to executive vice president and director of the Research Department; Patricia Wilson to senior vice president, chief of staff, and corporate secretary; Bob Hunt to senior vice president and director of the Payment Cards Center; Keith Sill to senior vice president of the Research Department; Robin Myers to vice president, Consumer Compliance and Outreach; William Wisser to vice president, Safety and Soundness; and James Lofton to assistant vice president in the Cash Services Department.

In addition, Kimberly Caruso will be appointed Collateral Data Administration Support Group officer; Perry Santacecilia to vice president of Information Technology and Support; Joe Dietzmann to vice president and Collaboration Services executive; and Michael O’Brien to Law Enforcement manager.

Michael Dotsey joined the Philadelphia Fed in 2002 as vice president and senior economic policy advisor. He was previously at the Federal Reserve Bank of Richmond from 1983 to 2002, where he was appointed vice president of economic research in 1988. Dotsey received a Ph.D. and a master’s degree in economics from the University of Rochester and an M.B.A. and a bachelor’s degree from the University of Chicago.

Patricia Wilson joined the Bank in 2015 as vice president, chief of staff, and corporate secretary. Wilson was previously vice president and chief of staff at the University of Delaware and chief of staff and director of faculty administration at the Wharton School of the University of Pennsylvania. Wilson has a bachelor’s degree in psychology with a minor in education from Newton College of the Sacred Heart (now Boston College) and received a certificate from the Higher Education Resource Services Bryn Mawr Summer Institute for Women in Higher Education Administration.

Bob Hunt joined the Bank in 1998 as a senior economist in the Research Department. Hunt joined the Payment Cards Center in 2009 as assistant vice president and was promoted to director shortly thereafter. He received a bachelor's degree from Butler University and a Ph.D. in economics from the University of Pennsylvania.

Keith Sill joined the Philadelphia Fed as an economic advisor and economist in the Research Department in 1992. In 2009, he was promoted to assistant vice president and director of the Real-Time Data Research Center in the Bank's Research Department. Sill has a bachelor's degree in geology from Ohio State University and a master's degree and Ph.D. in economics from the University of Virginia.

Robin Myers joined the Bank in 1990 as an assistant bank examiner. She transferred to the Consumer Compliance/Community Reinvestment Act Examinations unit in 1999 and was promoted to team manager in 2004. She has a bachelor's degree from the University of Delaware and an M.B.A. from Villanova University.

William Wisser joined the Bank in 1998 as an examiner for community and regional banking organizations. In 2007, he returned to the field as a supervising examiner until September 2010, when he became team manager responsible for regional bank supervision. He has a bachelor's degree in business administration from Bloomsburg University of Pennsylvania.

James Lofton joined the Bank’s Audit Department in 1994. In 1997, he transferred to Cash Services, where he held positions of increasing responsibility, including serving as the division manager of the Cash Internal Control and Compliance Division and manager of the High-Speed Processing Division. He received his bachelor’s degree in accounting from Virginia Polytechnic Institute and State University.

Kimberly Caruso will assume responsibility for the Collateral Data Administration Support Group, which manages data on securities pledged as collateral to Reserve Banks and the U.S. Treasury. Caruso joined the Bank in 1995 in the Audit Department and transferred to Credit Risk Management in 1998. Caruso has a bachelor's degree from the Indiana University of Pennsylvania and is a Certified Public Accountant.

Michael O’Brien will be the designated Law Enforcement manager, a position established by the Board of Governors for all Reserve Banks. O’Brien was a police officer for 17 years and joined the Bank after retiring from the FBI in 2015. He has a degree from Widener University Law School.

Perry Santacecilia joined the Philadelphia Fed from the Federal Reserve Bank of New York where he was assistant vice president in the Technology Services Group’s Solution Delivery Group. He has an M.B.A. from Widener University and a bachelor’s degree in computer and information science from the University of Delaware.

Joe Dietzmann joined the Federal Reserve in 2016 to lead Collaboration Services. In this new role, Dietzmann will direct the design, build, deployment, and support for all of the Federal Reserve System’s internal and external collaboration tools.

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.

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