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EDUARDO AGUIRRE SWORN IN AS EX-IM BANK VICE CHAIRMAN

FOR IMMEDIATE RELEASE December 25, 2001

Media Contact Name/Phone: 

Cheryl Crispen (202) 565-3200

Eduardo Aguirre, Jr., a nationally known business and civic leader and former president of Bank of America's International Private Bank, was confirmed by the U.S. Senate on December 20, 2001 and sworn in today as Vice Chairman and First Vice President of the Export-Import Bank of the United States (Ex-Im Bank). Aguirre was nominated for the position on May 22, 2001, by President George W. Bush, for a term expiring January 20, 2005.

Aguirre retired last September as president of Bank of America's International Private Bank, where he participated in many corporate-wide leadership initiatives over the years. He received Bank of America Chairman Hugh McColl's coveted Crystal Grenade Award in 1997. For three consecutive years, Aguirre was named one of the 100 most influential Hispanics in the nation by Hispanic Business Magazine. Aguirre and Bank of America were featured in Latino Success published by Simon & Schuster in 1996.

Aguirre was appointed by Governor George W. Bush to the Board of Regents of the University of Houston System for a six-year term ending in 2001, serving from 1996 to 1998 as chairman. President George H.W. Bush appointed him to the National Commission for Employment Policy, and the Supreme Court of Texas appointed him to the State Bar as a non-attorney Director.

Aguirre is a graduate of Louisiana State University and of the American Bankers Association's National Commercial Lending Graduate School. He is a Certified Commercial Lender. He was awarded an honorary doctorate degree at the Universidad Tecnologica de Santiago, Dominican Republic; and honorary professorships by Beijing Polytechnic University and by The Central University for Nationalities in Beijing.

Ex-Im Bank is an independent U.S. government agency that helps finance the sale of U.S. exports primarily to emerging markets throughout the world by providing loans, guarantees and insurance. In fiscal year 2001, Ex-Im Bank supported $12.5 billion of U.S. exports worldwide.