President Clinton Names Melvin E. Clark, Jr., as a Member of the Board of Governors for the Overseas Private Investment Corporation (9/11/00)
                              THE WHITE HOUSE

                       Office of the Press Secretary

______________________________________________________________________
For Immediate Release                                   September 11, 2000


PRESIDENT CLINTON NAMES MELVIN E. CLARK, JR., AS A  MEMBER OF THE BOARD OF
         GOVERNORS FOR THE OVERSEAS PRIVATE INVESTMENT CORPORATION

     President Clinton today announced his intent to nominate Melvin E.
Clark, Jr., as a member of the Board of Governors for the Overseas Private
Investment Corporation.

     Mr. Melvin E. Clark, Jr., of Washington, D.C., is currently an interim
board member of the Overseas Private Investment Corporation.  Mr. Clark is
President and Chief Executive Officer of Metroplex, the largest minority
railroad construction contractor in the nation.  He previously served as
associate attorney with Klett, Lieber, Rooney & Schorling, a Pennsylvania
law firm.  Mr. Clark served four years as an attorney in the Tax Division
of the United States Department of Justice.  He was appointed by President
Clinton as a Director of the Pennsylvania Avenue Development Corporation.
Mr. Clark is currently a member of the National Advisory Council of the
Small Business Administration and the Washington-Baltimore Chapter of the
Young President?s Organization, Inc.  He was also appointed by President
Clinton to be a member of the Board of Governors of the United States
Organization, Inc. (USO).

     Mr. Clark holds a degree in accounting from Pennsylvania State
University, a law degree from Northwestern University School of Law, and a
Masters degree from the Northwestern University Graduate School of
Management.

     OPIC is a self-sustaining federal agency whose purpose is to promote
economic growth in developing countries by encouraging U.S. private
investment in those nations.  Organized as a corporation and structured to
be responsive to private business, OPIC?s mandate is to mobilize and
facilitate the participation of U.S. private capital and skills in the
economic and social development of less developed friendly countries and
emerging economies.

                                 30-30-30


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