Mark P. Jacobsen was named senior adviser to Comptroller of the Currency Eugene A. Ludwig last week. After joining the agency in January 1994, Mr. Jacobsen was special assistant to the chief counsel. Before that he had been an associate with the law firm of Covington & Burling, where Mr. Ludwig was a partner.

Mr. Jacobsen replaces Ballard Gilmore, who is now director of licensing operations in the agency's bank organization department.

Meanwhile, John Hartzell has left his post as deputy comptroller for international banking for, of all things, an international bank.

Mr. Hartzell, who left last month, will soon join the New York office of Dresdner Bank, which is based in Frankfurt. His new title will be director of economic and group strategy. The Comptroller's office has not chosen a replacement.


Rep. Doug Bereuter, R-Neb., has hired Alan Brubaker as his new banking aide. Mr. Brubaker, 28, most recently worked as a loan officer with a Maryland mortgage company, but has Capitol Hill experience. From 1989 to 1991 he was a staff member with the House Republican Conference.

Rep. Bereuter is sponsor of the House's regulatory-relief bill, which would cut bank paperwork and red tape. The legislation is stalled because of banks' opposition to restrictions on their insurance powers.

Mr. Brubaker replaces Joe Pigg, who left in October to be a Washington lobbyist for New York City.


Investment banker John C. Whitehead, insurance executive Thomas W. Jones, and balanced-budget crusader Peter G. Peterson have been named to the board of directors of the Federal Reserve Bank of New York.

Mr. Whitehead, a former State Department deputy secretary and former co- chairman of Goldman, Sachs & Co., now heads AEA Investors Inc. He will be chairman of the New York Fed board.

Tapped as deputy chairman was Mr. Jones, who is vice chairman, president, and chief operating officer of Teachers Insurance and Annuity Association-College Retirement Equities Fund.

Mr. Peterson is a former secretary of commerce and former CEO of Lehman Brothers, Kuhn, Loeb Inc. He now heads the Blackstone Group, an investment firm, but is perhaps best known for founding the Concord Coalition, a nonprofit group pushing for a balanced federal budget.

The Federal Reserve Board appointed the three men; the other six members of the New York Fed board are elected by Fed member banks.


Gail L. Patelunas is the new acting director of the division of resolutions at the Federal Deposit Insurance Corp. She takes the place vacated by Robert H. Hartheimer, who resigned as of Dec. 31 to join the Alexandria, Va., investment banking firm of Friedman, Billings, Ramsey & Co.

Since 1994, Ms. Patelunas has been associate director of the division, which is responsible for the resolution of failing FDIC-insured banks and thrifts. Before that she was assistant director of resolutions, and before joining the FDIC in 1990 she worked at the Federal Reserve Board, Kidder, Peabody & Co., and KPMG Peat Marwick.


Lynn Reaser is the new chairman of the American Bankers Association's economic advisory committee. She replaces Alan Gayle who just completed a two-year term.

Ms. Reaser is senior vice president and chief economist at First Interstate Bancorp in Los Angeles.

In her ABA post she will oversee the committee's forecasts of economic indicators and national and regional economic issues. The panel's next semiannual economic forecast and monetary policy recommendation will be announced Jan. 24.

The committee's new vice chairman is Joel L. Naroff, chief economist at First Fidelity Bancorp. in Philadelphia.

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