Nomination of Mark T. Cox IV To Be Alternate United States Executive Director of the International Bank for Reconstruction and Development

The President today announced his intention to nominate Mark T. Cox IV to be United States Alternate Executive Director of the International Bank for Reconstruction and Development for a term of 2 years. He would succeed Hugh W. Foster.

Since 1972 Mr. Cox has been with the First Chicago Corp. in several capacities: vice president and head of Western Hemisphere Capital Market Group Mexico in Golden Beach, FL, 1985-1987; vice president and regional manager for the State of Florida, 1983-1985; vice president and representative in Sao Paulo, Brazil, 1978-1983; vice president and treasurer of First Chicago Investments Canada Limited, 1977-1978; and assistant vice president and general manager in Port-au-Prince, Haiti, 1974-1977.

Mr. Cox graduated from Columbia University (B.A., 1966; M.B.A., 1971). He was born July 14, 1942, in Cheyenne, WY. He served in the United States Army Reserve, 1967-1969. He is married and resides in Golden Beach, FL.