For immediate release: March 1, 2011
Brian Egan and Julius Weyman have been named senior vice presidents in the Federal Reserve Banks' Retail Payments Office (RPO), announced Dennis Lockhart, Federal Reserve Bank of Atlanta president and chief executive officer. Lockhart also announced that James McKee, senior vice president in the RPO, will assume responsibility for the RPO's strategic planning and financial group, the portfolio management group and RPO communications. The Atlanta Fed directs the RPO for the Federal Reserve Banks.
Egan assumes responsibility for RPO operations and customer service. His Fed career began in March 1980 at the Detroit Branch of the Chicago Fed, where he held various positions in human resources, budget planning and control and customer services. In 1998, he was promoted to vice president and assistant branch manager at the Detroit Branch, with responsibility for all check operations and serving as check product manager for the Chicago District. He joined the RPO in November 2002, playing a key role in developing the Check 21 product suite and led customer implementation and industry outreach efforts on behalf of the Federal Reserve System. He also had oversight of the Federal Reserve's check relay transportation network. Egan has a bachelor's degree in economics from the University of Michigan and a master's of business administration from the University of Detroit.
Weyman assumes responsibility for the RPO's domestic and international FedACH and check product development. Most recently, he served as regional executive for the Atlanta Fed's Birmingham Branch, from 2008 to 2010. Before that, he was vice president of the RPO's check relay and central float management functions. Weyman joined the Jacksonville Branch in 1987 as a project coordinator and two years later transferred to the Atlanta Fed's electronic payments department, where he assumed roles of increasing responsibility. He transferred to the Board of Governors in 1996 and worked as an analyst in the division of Reserve Bank operations and payments systems, then returned to Atlanta as an assistant vice president in 1998. He earned a bachelor's degree in management from the Georgia Institute of Technology and completed the Executive Development Program at the University of Michigan.
McKee most recently was responsible for the RPO's domestic and international ACH functions as well as other payment-related activities. Before that, he was responsible for the Atlanta Fed's financial services operations and was the District's product director for electronic payments, overseeing activities related to automated clearinghouse (ACH) functions, funds transfers, book-entry securities and Fedline delivery systems. He also had responsibility for the District's fiscal services, coordinating with the U.S. Treasury Department, and the automation function, which included automation operations, application development, information security and business continuity. During his career at the Fed, McKee has worked at the Jacksonville, New Orleans and Birmingham branches of the Federal Reserve Bank of Atlanta. McKee holds a bachelor of science degree in industrial management from Auburn University and is a graduate of the Stonier Graduate School of Banking at Rutgers University. He is also a graduate of the Emerging Executive Program at Pennsylvania State University.
The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida and Georgia, and sections of Louisiana, Mississippi and Tennessee. As part of the nation's central banking system, the Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks and provides a variety of financial services to depository institutions and the U.S. government.
