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NEW CHIEF INFORMATION OFFICER TO DIRECT BANK'S TECHNOLOGY EFFORTS

Fernanda Young Named to Top Information Technology Post

FOR IMMEDIATE RELEASE February 3, 2004

Media Contact Name/Phone: 

Phil Cogan, (202) 565-3200

WASHINGTON, D.C. --- The Export-Import Bank of the United States (Ex-Im Bank) will have a new Chief Information Officer (CIO) on February 9th.Philip Merrill, Ex-Im Bank president and chairman today announced the selection of Fernanda Young, who most recently occupied a similar position with the Federal Energy Regulatory Commission, also in Washington.


I am extremely pleased to announce the selection of Ms. Young, who joins us in the Bank's 70th year and who will play a critical role in helping this institution use 21st Century technology to better serve U.S. exporters, their workers, and the financial institutions partners, Merrill said. Through the efforts of Ex-Im's highly qualified staff, and the support they receive through technological innovations, we plan to provide increasingly faster service to all of our customers.


Ms. Young was the co-chair of the Small and Independent Agency CIO Council and is active in government-wide review boards and committees for program assessments, enterprise architecture, and information security.


She held senior technical managerial positions at the U.S. Department of Justice and the National Aeronautics and Space Administration.She also held private sector positions with Planning Research Corporation, Inc. and RMS Technologies.


Ms. Young holds a bachelor's degree in Mathematics and Physics, a master's in computer sciences, and a doctorate in operations research, all from the University of Grenoble, France.


The CIO is the Bank's senior information manager, advising Mr. Merrill and other senior managers to ensure that information technology is acquired and information resources are managed for the agency using a sound and integrated architecture that supports improvements to work processes.


Ex-Im Bank this year marks its 70th year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export credit insurance, and direct loans. In fiscal year 2003, Ex-Im Bank, an independent federal agency, authorized financing to support $14.3 billion of U.S. exports worldwide. For more information, visit www.exim.gov.