Nomination of C. T. Conover To Be Comptroller of the Currency

The President today announced his intention to nominate C. T. Conover to be Comptroller of the Currency, Department of the Treasury, for a term of 5 years. He would succeed John Gaines Heimann.

Since 1978 Mr. Conover has been a partner with the firm of Edgar, Dunn & Conover, Inc., of San Francisco, Calif. During this time he designed an electronic funds transfer system for banking institutions and worked with California banks on projects involving operations improvement and float control. Previously he was a partner with Touche Ross & Go., management services and national services director for banks, in 1974-78. In 1972-74 he was vice president, corporate development, U.S. Bancorp, in Portland, Oreg. Mr. Conover was management consultant with McKinsey & Co., Inc., San Francisco, Calif., in 1965-72.

He graduated from Yale University (B.A. 1960) and the University of California Graduate School of Business Administration (M.B.A., 1965). He is married, has two children, and resides in Lafayette, Calif. He was born October 13, 1939, in Bronxville, N.Y.