Solvay Bank’s Mello Named to New York Fed’s Board of Directors

Paul Mello, president and chief executive officer of Solvay Bank (SOBS), has joined the Federal Reserve Bank of New York’s board of directors.

Mello will serve a three-year term ending December 2014, the New York Fed said in a statement today on its website. Mello is a Class A director, meaning he represents the banks in the New York Fed’s district.

To contact the reporter on this story: Caroline Salas Gage in New York at csalas1@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

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