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FOR IMMEDIATE RELEASE
EX-IM BANK 2001 ADVISORY COMMITTEE CONVENES FIRST MEETING The Export Import Bank of the United States (Ex-Im Bank) today convened the first meeting of its 2001 Advisory Committee. The Congressionally-mandated Advisory Committee helps Ex-Im Bank formulate policies and programs by providing input from various sectors of the economy. Eight of last year’s members remain on the committee this year, six new members have joined, and a fifteenth has yet to be selected. Hector E. Retta, senior vice president of Bank One, Dallas, TX, serves as chairman. Now in its 18th year, The Advisory Committee meets four times yearly (the other three meetings this year are June 19, September 20 and December 4) to examine Ex-Im Bank’s programs and make recommendations for enhancing service and value. This year the committee will consider possible changes in Ex-Im Bank’s philosophy, purpose, products and processes that may be called for in order to address transformations in the global marketplace. The members of the 2001 Committee and the sectors they represent are as follows: CHAIR - HECTOR E. RETTA JEFFREY B. ADAMS PETER DERRICK DEAN R. DORT, II OWEN E. HERRNSTADT DAVID ICKERT PETER O. LEHMAN, ESQ. REBECCA A. McDONALD JAMES D. PRICE JOHN J. SALINGER IAN M. WATSON McLAUGHLIN KENNETH A. OYE DAVID A. SMITH TERRENCE D. STRAUB Retta and seven other committee members (Adams, Herrnstadt, McLaughlin, Oye, Price, Salinger and Smith) are serving repeat terms on the committee. The rest are new members. Ex-Im Bank is an independent U.S. government agency that helps finance the export of U.S. goods and services to emerging markets throughout the world by providing loans, loan guarantees, and export credit insurance. During fiscal year 2000, Ex-Im Bank supported $15.5 billion in U.S. exports. |
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