May 26, 1981

The President today announced his intention to nominate Jose Manuel Casanova to be Executive Director of the Inter-American Development Bank.

Since 1979 Mr. Casanova has been president of Agro-Com Exports in Miami, Fla., and a real estate broker with Presto Realty. Since 1977 he has also been a private consultant in the financial and management area. In 1976 Mr. Casanova was senior vice president of the Flagship National Bank of Miami. In 1974-76 he was the president of Flagship National Bank of Westland, in Hialeah, Fla.

Mr. Casanova attended Babson Institute in Wellesley Hills, Mass., Flagship College (banking courses), and the University of Miami. Mr. Casanova holds licenses in securities and real estate.

Mr. Casanova is married, with seven children, and resides in Miami, Fla. He was born August 14, 1930.