February 13, 2006

Bush nominates Lambright head Export-Import Bank

WASHINGTON (Reuters) - President George W. Bush on Monday
nominated James Lambright to be president of the Export-Import
Bank, the White House said.

If confirmed by the Senate, Lambright who has been acting
president, would replace Philip Merrill who stepped down last
year. The nomination is for the remainder of a four-year term
that expires on January 20, 2009.

Before joining the Export-Import Bank, Lambright was vice
president for private equity at Credit Suisse First Boston
Corporation, the White House said in a statement.