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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release August 13, 1997

                  PRESIDENT CLINTON NAMES KIRK ROBERTSON 
                  AS THE EXECUTIVE VICE PRESIDENT OF OPIC

President Clinton today announced his intent to nominate Kirk Robertson as the Executive Vice President of the Overseas Private Investment Corporation (OPIC).

Kirk Robertson, of McLean, Virginia, gained wide experience in foreign affairs, international business, and governmental management during fifteen years in the United States Senate. For the past six years, he has served as Legislative Director and Trade Advisor for U.S. Senator David Pryor, a senior member of the Senate Committees on Finance and Agriculture. Mr. Robertson also directed the Senate Democratic Conference, an office of the Senate leadership headed by Senator Pryor. Before joining Senator Pryor in 1991, Mr. Robertson was a Subcommittee Deputy Staff Director on the Senate Governmental Affairs Committee where he directed reviews of government management issues and export policy. During the early 1980's, he was Foreign Affairs and National Security Advisor to U.S. Senator Thomas Eagleton. Mr. Robertson received a B.A. from Grinnell College and an M.B.A. from George Washington University. He is currently a governmental management consultant in Washington, D.C.

OPIC is a key federal agency in the effort to encourage U.S. investment and commerce in emerging markets around the world. By offering American companies investment services that are not commercially available, OPIC generates exports and creates American jobs, supports U.S. foreign policy goals, and helps stabilize foreign economies. The Executive Vice President plays an active role in OPIC management, operations, and policy formulation as well performing the duties of the OPIC President and CEO in his or her absence.

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