FOR IMMEDIATE RELEASE February 29, 2004
Marianna Ohe (202) 565-3200
William Marsteller, an economist with the Export-Import Bank of the United States (Ex-Im Bank) since 1996, has been named chief economist and vice president of the Country Risk and Economic Analysis Division (CREA). In that capacity Marsteller will oversee day-to-day operations of the division.
We're pleased to have someone with Bill's background and experience to provide leadership to CREA, which is an integral part of Ex-Im Bank's overall assessment of credit and risk management, and also provides support to other federal agencies in assessing country risk, said John A. McAdams, senior vice president and head of the Credit and Risk Management Group. CREA is a division of McAdams' group.
Since joining Ex-Im Bank in 1996, Marsteller has been involved with the Inter-Agency Country Risk Assessment System (ICRAS), which determines country risk ratings utilized for all U.S. government international loans, guarantees and insurance. He also is the Bank's representative to the Organization for Economic Cooperation and Development (OECD) Country Risk Experts' Group, which sets country risk classifications for OECD member export credit agencies.
Marsteller's work in CREA has focused on the countries of the former Soviet Union and Eastern Europe, country risk methodology, and economic analysis of issues that affect Ex-Im Bank business.
Marsteller holds a bachelor of arts degree from American University in economics and German/Western European studies, and a master's degree in economics from George Mason University.
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 on Ex-Im Bank visit //www.exim.gov.