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Philly Fed taps Angelakis

Michael Angelakis, former chief financial officer at Comcast Corp., was appointed to a one-year term as board chairman at Federal Reserve Bank of Philadelphia.

Michael Angelakis, former chief financial officer at Comcast Corp., was appointed to a one-year term as board chairman at Federal Reserve Bank of Philadelphia.

Angelakis now runs a investment firm funded by Comcast and serves as senior advisor to the cable giant's executive management committee.

The former deputy chairman, Angelakis replaces James Nevels who retired as the bank's chairman in December.

Touchpoint Inc. CEO Brian McNeil replaces Angelakis as deputy.

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