Nomination of Evan Griffith Galbraith To Be a Member of the Board of Directors of the Overseas Private Investment Corporation

The President today announced his intention to nominate Evan Griffith Galbraith to be a member of the Board of Directors of the Overseas Private Investment Corporation, U.S. International Development Cooperation Agency, for a term expiring December 17, 1990. This is a reappointment.

Since 1985 Mr. Galbraith has been director international and senior adviser for Morgan Stanley & Go., Inc, in New York City. Prior to this he was U.S. Ambassador to France, 1981-1985. Between 1969-1980, Mr. Galbraith was with Dillon, Read & Co., Inc., serving as managing director in New York City, and chairman of Bankers Trust International for the Overseas Corp. in London, England. He has also served as vice president for Morgan Guaranty Trust Co. of New York, 1968-1969.

Mr. Galbraith graduated from Yale University (B.A., 1950) and Harvard Law School (LL.B., 1953). He served in the United States Navy, 1953-1956. Mr. Galbraith was born June 2, 1928, in Toledo, OH. He is married, has four children, and currently resides in New York City.