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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release July 28, 1999

PRESIDENT CLINTON NAMES DORIAN VANESSA WEAVER AS MEMBER OF THE BOARD OF

DIRECTORS AT THE EXPORT-IMPORT BANK

The President today announced his intent to nominate Dorian Vanessa Weaver to serve as a member of the Board of Directors at the Export-Import Bank.

Ms. Dorian Vanessa Weaver, of Virginia, has served in the White House since 1994, currently as Deputy Assistant to the President and Deputy Director of Presidential Personnel. In her capacity as Deputy Director, Ms. Weaver negotiates final decisions on presidential appointments, working with congressional members and their staffs and departments and agencies. Previously, she was an early employee-owner of Engineering Research Associates, a successful high-technology business building computer systems. The company earned the distinction as National Small Business of the Year in 1985. As Senior Systems Manager, she performed key leadership roles in management operations, including decisions on new market investments and contracts.

Ms. Weaver holds a B. A. degree, magna cum laude from Colorado College and a Juris Doctor, cum laude from Georgetown University.

The Export-Import Bank facilitates export financing of U.S. goods and services by matching export credit subsidies from foreign governments and by absorbing reasonable credit risks that are beyond the current scope of the private sector. In addition, the Export-Import Bank assists U.S. exporters in obtaining pre-export financing by guaranteeing export-related working capital loans from commercial lenders; guaranteeing loans made by foreign buyers; providing insurance assistance to the export community; and encouraging the purchase of U.S. goods through competitive, fixed-rate loans.

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