Townsend to be named to Ex-Im Bank board


February 23, 1996

Maryland Lt. Gov. Kathleen Kennedy Townsend will be

appointed to the advisory board of the U.S. Export-Import Bank, state officials said yesterday.

The bank, which finances trade deals to boost U.S. exports, picks advisers to help it determine policy and to build ties with state and business officials. A member's term lasts one year.

Ms. Townsend was chosen by Martin Kamark, the bank's vice chairman, who has been nominated as chairman by President Clinton. He is going through confirmation hearings.

"This is obviously going to be a very good opportunity for Maryland," said Alan Fleischmann, the lieutenant governor's chief of staff. "That information flow should be very good for people who are exporters in the state."

An Export-Import Bank spokesman declined to confirm Ms. Townsend's appointment. The advisory board is still being put together, he said.

The board usually meets four times a year. Sometimes members are reappointed to a second term, the spokesman said. Last year's focus for the board was small business. This year's focus hasn't been determined yet.

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