January 23, 1987

The President today announced his intention to nominate Charles H. Dallara, of Virginia, to be United States Executive Director of the International Monetary Fund for a term of 2 years. This is a reappointment.

Since 1984 Dr. Dallara has served in this position. Previously he was Deputy Assistant Secretary for International Monetary Affairs, Department of the Treasury, 1983 - 1984. Dr. Dallara graduated from the University of South Carolina (B.S., 1970) and Fletcher School of Law and Diplomacy (M.A., 1975; M.A.L.D., 1976; Ph.D., 1986). He is married, has two children, and resides in Annandale, VA. Dr. Dallara was born August 25, 1948, in Spartanburg, SC.