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