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New York Fed Names New Senior Vice President in Bank Supervision

 

October 31, 2008

 

 

 

New York—Michael Alix has been named a senior vice president in the Bank Supervision Group of the Federal Reserve Bank of New York. He will serve as a senior advisor to William L. Rutledge, executive vice president, Bank Supervision Group. Mr. Alix’s appointment was made by the Bank’s board of directors and is effective, November 3, 2008.

 

Most recently, Mr. Alix worked for the Bear Stearns Companies, Inc., where he served as chief risk officer from 2006-2008 and global head of credit risk management from 1996-2006. His prior experience included eight years at Merrill Lynch & Company where he was a director, Asia chief credit officer and a vice president, head of North America financial institutions credit. He began his career with the Irving Trust Company where he served as an assistant vice president and lending officer.

 

Mr. Alix holds an M.B.A in finance from the Wharton School of the University of Pennsylvania and a bachelor's degree in economics from Duke University. He is a resident of New Jersey.

 

 

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In other news, the Pamplona bulls have been named the new head curators of the British Museum's Ming Dynasty collection.

 

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It makes sense to hire the people who created the problem, as they are the most informed about.

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