Nomination of Philip C. Jackson, Jr., To Be a Member of the Oversight Board of the Resolution Trust Corporation

The President today has announced his intention to nominate Philip C. Jackson, Jr., to be a member of the Oversight Board of the Resolution Trust Corporation for a term of 3 years. This is a new position.

Currently Mr. Jackson serves as an adjunct professor at Birmingham Southern College in Birmingham, AL. Prior to this he served as vice chairman of Central Bankshares of the South in Birmingham, AL. He is married, has three children, and resides in Birmingham, AL.