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 Robert B. Rivel
November 30, 2001
Robert Bradin Rivel, 80, formerly of 2 Juliana Drive, died Friday at the Vermont Veterans Home in Bennington, where he had resided since December 1994.
Born in Brooklyn, N.Y., on Feb. 13, 1921, son of Jacob W. and Sara Bradin Rivel, he graduated from Erasmus Hall High School in 1938. He received his bachelor of arts degree from Middlebury (Vt.) College in 1942 and his master's in economics from Columbia University in 1947.
Mr. Rivel served as an officer in the Navy from 1942 to 1946 in the Pacific theater, first on the USS Corregidor and later as commander of an escort vessel, and later as a Navy Reservist.
He joined Chase National Bank, later Chase Manhattan Bank, in August 1946 and resigned in June 1972 as executive vice president and executive officer of its portfolio and investment banking group.
He was a general partner in Lazard Freres & Co. from 1972 to 1974 and then was president, trustee and CEO of Union Dime Savings Bank until retiring in 1981. He joined Private Export Funding Corp. as its president, CEO and a director in 1982 and became chairman in 1984, remaining CEO and a director until his retirement in December 1986.
From 1968 to 1975, Mr. Rivel was an adviser to the New York City and New York state comptrollers on debt management. During NYC's financial crisis from 1975-77, he served as chairman of the Mayor's Contingency Planning Committee and was the thrift industry's representative in negotiating MAC financings from 1975-81.
In 1986, he moved to Pittsfield, where he participated in the local and New York business communities through various board memberships and other associations. He served as an advisory board member of Bank Julius Baer & Co. Ltd. of Switzerland and of the New York State Teachers' Retirement System, and as a director of Berkshire Life Insurance Co. and Dreyfus Tax Exempt Money Market and Tax Exempt Bond Funds.
His memberships included the Pittsfield Country Club and the Tuxedo Club. He was a lifetime member of the Episcopal Church.
He married the former Helen Drummond Stewart on Sept. 11, 1948, in Brooklyn.
Besides his wife, he leaves a son, Robert W. Rivel of Sao Paulo, Brazil; a daughter, Joan Rivel Pettrone of Averill Park, N.Y., and six grandchildren.
A memorial service will be held at First Church of Christ in Pittsfield on a date to be determined in January 2002. In lieu of flowers, contributions may be made to the Vermont Veterans Home Alzheimer's Fund in care of WELLINGTON FUNERAL HOME, 220 East St., Pittsfield, MA 01201.
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