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News | News Releases | 2007

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November 29, 2007
Contact: Marianna Ohe (202) 565-3200

NEW MEMBERS NAMED TO EX-IM BANK
SUB-SAHARAN AFRICA ADVISORY COMMITTEE

Committee's First 2008 Meeting To Be Held Jan. 16, 2008

WASHINGTON, D.C. -- The directors of the Export-Import Bank of the United States (Ex-Im Bank) have named eight new members, and two returning members, to the Ex-Im Bank Sub-Saharan Africa Advisory Committee (SAAC). The committee, established once again by act of Congress in its 2007 reauthorization of Ex-Im Bank, provides expert guidance to the Bank in developing policies to strengthen Bank support of U.S. exports to Africa.

Chairing the committee this year will be returning member Dennis Dubois, senior vice president and director of International Trade Banking, Global Solutions Group, Sovereign Bank, Boston, Mass. Also returning is Mark E. Chiaviello, a director at Standard Bank Group, Ltd., New York, N.Y., Africa's largest financial institution, where he is responsible for promoting foreign direct investment, trading relationships and donor flows from the United States to Africa.

Newly appointed members are: Vernon D. Darko, president and CEO of EquipXp, LC, Houston, Tex.; Bruce Fullerton, president, Africair, Inc., Miami, Fla.; Ambassador Joseph Huggins, founder, president and chief executive officer of The Huggins Group (THG), Fairfax, Va., and former U.S. Ambassador to the Republic of Botswana; Wayne A. Ramus, vice president, GE Capital Markets Corporate, based with GE Healthcare, Waukesha, Wisc.; Angela L. Rankin, credit manager, Electrolux Major Appliances - International Division, Pittsburgh, Pa.; David M. Roebuck, PE, president and co-founder of Armentrout Roebuck Matheny Consulting Group, Athens, Ga.; Marysue K. Shore, president, Global Business Strategies, Washington, D.C.; and Bert Ubamadu, managing director, Fairmont Capital Strategy Group LLC, Washington, D.C.

The Advisory Committee is scheduled to meet next on Jan. 16, 2008 at the Bank's headquarters in Washington, D.C. The meeting is open to the public.

Sub-Saharan Africa is a priority region for the Bank.  Based on its Congressional mandate, Ex-Im Bank is pursuing new initiatives to expand financing support of U.S. manufactured goods and services to the region.

Ex-Im Bank, the official export credit agency of the United States, is in its 73rd year of helping finance the sale of U.S. exports, primarly to emerging markets throughout the world. In fiscal year 2007, Ex-Im Bank authorized $12.6 billion in loans, guarantees and export credit insurance to support an estimated $16 billion of U.S. exports. For more information, visit www.exim.gov.

 
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