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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release January 3, 2001

PRESIDENT CLINTON NAMES JAMES H. ATKINS AS MEMBER OF THE FEDERAL

RETIREMENT THRIFT INVESTMENT BOARD

President Clinton today announced the recess appointment of James H. Atkins to serve as Chair and Member of the Federal Retirement Thrift Investment Board. Mr. Atkins was nominated to the Senate on July 27, 2000.

Mr. James H. Atkins, of Arkansas, has served as Chairman of the Federal Retirement Thrift Investment Board since 1994. Mr. Atkins has also been serving as Managing Director of Herrington, Inc. since 1997. From 1985 to 1997, Mr. Atkins was Managing Director of Marsh & McLennan, Inc. and was President of Marsh & McLennan Arkansas, Inc. Previously, he was President of Atkins Insurance Corporation from 1977 to 1985. Mr. Atkins served in the United States Army from 1955 to 1957.

Mr. Atkins graduated with a B. S. in Business Administration from the University of Arkansas.

The Federal Retirement Thrift Investment Board is responsible for managing the Thrift Savings Fund, a special tax-deferred savings fund established by the Federal Employees' Retirement System Act of 1986. Program administration for the Thrift Savings Fund is financed from the Fund.

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