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Richmond Fed Announces Official Staff Promotions

    RICHMOND, Va., Jan. 8 /PRNewswire/ -- The Federal Reserve Bank of Richmond
announces the following promotions.

    Effective Nov. 1, 2003:

    Richmond Office
    Sandra L. Tormoen was named assistant vice president with responsibilities
for the automation and library divisions of the Research Department. Tormoen
joined the Bank's Research Department as an automation analyst in 1993. After
several assignments, she became a senior manager in 2000. Tormoen received a
bachelor of science degree in math and psychology from the University of
Alabama in Tuscaloosa, Ala., in 1977 and a math teaching certificate from
James Madison University in Harrisonburg, Va., in 1979.

    Effective Oct 1, 2003:

    Charlotte Office
    Adam S. Pilsbury was named assistant vice president with responsibilities
in the Banking Supervision and Regulation Department. Pilsbury joined the Bank
as an examiner in the Banking Supervision and Regulation Department in 1989.
He had various assignments in Richmond and in the Charlotte Office before
becoming assistant resource coordinator for Charlotte's Large Commercial
Banking Organizations function in 2003. Pilsbury received a bachelor of
science degree in economics and political science from Cornell College in Mt.
Vernon, Iowa in 1986.

    The Federal Reserve Bank of Richmond is one of 12 District Reserve Banks
that together with the Board of Governors in Washington, D.C., make up the
Federal Reserve System. The Richmond Fed serves the Fifth Federal Reserve
District, which encompasses the District of Columbia, Maryland, North
Carolina, South Carolina, Virginia and most of West Virginia.

    Federal Reserve Bank of Richmond news releases can be found at
http://www.rich.frb.org


SOURCE Federal Reserve Bank of Richmond




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  • http://www.rich.frb.org
    CONTACT:
    Lisa Oliva, +1-804-697-8192, or Laura
    Fortunato, +1-804-697-8192, both of the Federal Reserve Bank of
    Richmond
    NOTE TO EDITORS: *Photos are available by email upon request.