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The New York State Banking Department Announces the Appointment of First Deputy Superintendent of Banks

September 5, 2007

New York, N.Y.: The New York State Banking Department today announced the appointment of Patricia Meadow to serve as First Deputy Superintendent of Banks.

As First Deputy Superintendent, Ms. Meadow will work closely with the Banking Superintendent, Richard H. Neiman and will be responsible for all regulatory and supervisory issues related to the depository divisions of the Department, determining policy and appropriate supervisory actions undertaken by the Department.  Ms. Meadow will also represent the Superintendent and the Department in meetings with bank officials, government agencies, and industry trade groups.

“I am pleased to welcome Patricia to the Department,” said Superintendent Neiman.  “She brings a wealth of experience from her over 20 years of success in the banking industry, as well as a passion for public service. She is recognized for her strong work ethic and track record of integrating organizational strategies into business operations, and will be an exceptional First Deputy.”

Ms. Meadow has 23 years of experience in the banking industry, as well as 10 years in executive-administrative roles.  From 1990 to 1997 she served in a variety of capacities at HSBC Holdings plc, including: Vice President, Sector Head-Corporate Banking Department in New York until 1994; Vice President, Head of Corporate Banking and deputy Bank Manager in San Francisco until 1995; and Senior Manager Trade Finance and Deputy Country Manager in Sao Paulo, Brazil until 1997.  From 1980 to 1990 she held several positions at Chemical Bank, including: Assistant Vice President in Mexico City until 1983; Vice President, County Manager in Santiago, Chile until 1987; and Vice President, Domestic Private Banking in New York until 1990.  Ms. Meadow began her banking career at Citibank, N.A. in Mexico City.  More recently, Ms. Meadow served as Head of Administration at Investcorp International Inc., where she was responsible for managing human resources, administrative functions, and support staff 85 person New York office of the $13 billion investment company.

Ms. Meadow received her M.A. from Columbia University, a B.A. from Arcadia University, and a Certificate in Nonprofit Leadership from Manhattanville College.

TheNew York State Banking Department is the regulator for all state-chartered banking institutions, virtually all of the United States offices of international banking institutions, all of the State’s mortgage brokers, mortgage bankers, check cashers, money transmitters and budget planners.  The aggregate assets of the depository institutions supervised by the Banking Department are more than $1.8 trillion.

In addition to regulating banking institutions, the Banking Department is active in informing and educating all New Yorkers on banking matters.  To contact the Banking Department, please call 1-877-BANK-NYS or visit our Web site at www.banking.state.ny.us.