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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release January 3, 1996

            PRESIDENT CLINTON NAMES MARTIN A. KAMARCK TO BE 
          CHAIR OF THE EXPORT-IMPORT BANK OF THE UNITED STATES

     President Clinton today announced the nomination of Martin A.

Kamarck of New York to serve as President of the Export-Import Bank of the United States. Upon confirmation as President, Mr. Kamarck will serve as Chairman of the Board of Directors of the Export-Import Bank.

Mr. Kamarck currently serves as Vice-Chairman of the Export-Import Bank. Prior to his appointment, Mr. Kamarck was a director and a consultant at the Export-Import Bank. Mr. Kamarck is a former co-director of the Structured Finance Department of the Financial Guaranty Insurance Company (FGIC) where he supervised and directed the mortgage-backed securities and real estate finance business lines. Mr. Kamarck is also a former partner and chair of the business department of the Morrison and Forester Law Firm's Washington, D.C. office.

Mr. Kamarck received a B.A. in 1971 with honors in English Literature from Haverford College and in 1975 received a J.D. from Stanford University Law School where he was a member of the Board of Editors for the Stanford Law Review. Mr. Kamarck and his wife Elaine currently reside in Bethesda, Maryland. They have three children.

Export-Import bank is an independent government agency that finances the sale of U.S. goods and services around the world.

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