Nomination of Charles S. Warner To Be Alternate United States Executive Director of the International Monetary Fund

The President today announced his intention to nominate Charles S. Warner to be United States Alternate Executive Director of the International Monetary Fund for a term of 2 years. He would succeed Mary Kate Bush.

Since 1986 Mr. Warner has been Deputy Director-General for the United Nations Industrial Development Organization in Vienna, Austria. Prior to this he was director for international trade services for Coopers & Lybrand, 1984-1986. He worked at the Department of Commerce from 1981 to 1984 as Deputy Assistant Secretary of the Economic Development Administration and Director of the Office of Export Trading Company Affairs at the International Trade Administration. He was president and chief executive officer of the Piedmont Land Co., 1976-1981; director of finance for the William P. Lipscomb Co., 1972-1976; and chairman and chief executive officer for Taconic Group, Inc., 1968-1972.

Mr. Warner graduated from the University of Virginia (B.A., 1954). He served in the United States Marine Corps, 1951-1957. Mr. Warner was born September 10, 1931, in Washington, DC. He is married and currently resides in Vienna, Austria.