Nomination of Richard W. Heldridge To Be a Member of the Board of Directors of the Export-Import Bank of the United States

The President today announced his intention to nominate Richard W. Heldridge to be a member of the Board of Directors of the Export-Import Bank of the United States. He would succeed Margaret W. Kahlift.

Mr. Heldridge was president and chief executive officer, California Commerce Bank of San Jose, from 1975 until his retirement in 1980. Previously he was president and chief executive officer, Ammex Bank Holding Co., a subsidiary of Banco Nacional de Mexico, in 1977-80. Mr. Heldridge was executive vice president, Crocker National Bank, San Francisco, and directed and managed the assimilation of headquarters and 63 branches of U.S. National Bank, San Diego, into Crocker National Bank. He worked for Northwest Bancorporation, Minneapolis, Minn., in various capacities, in 1946-61.

He graduated from the University of Iowa (1940) and attended the Command and General Staff College (1948-49) and Columbia University. He is married, has four children, and resides in Los Gates, Calif. He was born September 18, 1918, in Wessington Springs, S. Dak.