Nomination of Carlos Salman To Be a Member of the Board of Directors of the Overseas Private Investment Corporation

The President today announced his intention to nominate Carlos Salman to be a member of the Board of Directors of the Overseas Private Investment Corporation, United States International Development Cooperation Agency, for a term expiring December 17, 1988. This is a reappointment.

Since 1972 Mr. Salman has been president of Carlos Salman Realty, a real estate brokerage and investment firm in Miami, FL. From 1960 to 1972, he was assistant comptroller of Wometco Enterprises, Inc., in Miami, FL. From 1957 to 1960, he was assistant treasurer of Iberia Machinery Co. in Havana, Cuba, and in 1954-1957 he was assistant to the vice president in charge of sugar exportation of the Ward Garcia Line in Havana, Cuba.

Mr. Salman graduated from Villanova College, Havana, Cuba (B.A., 1951; M.B.A., 1952). He is married and has four children. He was born December 3, 1932, in Havana, Cuba, and currently resides in Miami, FL.