Department of the Treasury - Nomination of Roger C. Airman To Be an Assistant Secretary

The President today announced that he will nominate Roger C. Altman to be Assistant Secretary of the Treasury (Capital Markets and Debt Management). Altman is a general partner with Lehman Brothers, Inc., a New York investment banking firm.

Altman was born in Boston, Mass., on April 2, 1945. He received an A.B. degree from Georgetown University in 1967 and an M.B.A. from the University of Chicago Graduate School of Business in 1969.

Altman has worked for Lehman Brothers since 1969 in the area of corporate finance. He also worked on the Carter/ Mondale transition staff, working on the Treasury Department transition.

Altman was a member of the Carey Select Commission on New York State Public Authorities in 1974 and 1975. He received the Institutional Investor Award as one of the 10 outstanding investment bankers in the United States in 1975.

He is married and resides in New York City.