Banking Board Membership
Board Members as of December 31, 2001
R. Ambrecht, Esq.
Peter Forrestel II
G. Siciliano, Esq.
Banking Board was established by and derives its authority from
Sections 13 and 14 of the New York State Banking Law. It is a quasi-legislative
body, whose members serve without pay, which promulgates regulations
of both a general and specific nature for the conduct of the banking
business in the State of New York. The Banking Board possesses
broad powers that affect all areas of banking supervision.
Banking Board is composed of 17 members, a number established by
statute. The Superintendent of Banks serves as Chairman of the
Board and Executive Head. The other 16 members of the Board are
appointed to a three-year term by the Governor, subject to approval
by the Senate. Of these 16 members, eight are so-called public
members, while the other eight must have banking experience obtained
from employment in the various segments of the banking industry.
were 7 changes in the Banking Board membership during 2001:
Moerdler resigned as of September 28, 2001.
Factor was appointed on June 18, 2001, succeeding Thomas O'Neill,
a public member who served from July 1995 to February 1998.
Peter Forrestel II was appointed on October 15, 2001, succeeding
Salvatore Marranca, an industry member who served from June
1990 to October 2001.
E. Hales was appointed on October 15, 2001, succeeding John
B. Robinson, an industry member who served from June 1990 to
E. Kailbourne of Williamsville was appointed on June 18, 2001,
succeeding Edward B. Kramer, a public member who served from
December 1995 to March 2000.
C. Mancuso was appointed on October 18, 2001, succeeding Spencer
S. Crow, an industry member who served from June 1983 to October
A. Westrick was appointed on June 18, 2001, succeeding Burkhard
Frankenberger, an industry member who served from December 1995
to March 2000.