Nomination of William G. Simpson To Be a Member of the Board of Directors of the Overseas Private Investment Corporation

November 16, 1982

The President today announced his intention to nominate William G. Simpson 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, 1984. He would succeed William M. Landau.

Mr. Simpson is currently serving as president of W. G. Simpson & Co., Inc., Investments, in Kenilworth, Ill. He was financial consultant for that firm in 1971 - 1979. He served as vice president of Supervised Investors Services in 1970 - 1971, as vice president of the Combined Insurance Co. of America in 1965 - 1970, and as Deputy Administrator of the Small Business Administration.

Mr. Simpson graduated from the United States Military Academy (B.S., 1946), the University of Chicago (M.B.A., 1950), and the University of Illinois (C.P.A., 1956). He is married, has two children, and resides in Kenilworth, Ill. He was born August 5, 1923.