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PRESS RELEASE November 20, 1966

World Bank Announces Staff Appointment of Senator Robertson as Consultant

George D. Woods, President of the International Bank for Reconstruction and Development, has appointed United States Senator A. Willis Robertson as a consultant to the Bank, effective in January.

Commenting on the appointment, Mr. Woods said that he considered it most fortunate that the Bank would have in the months ahead the advice and cooperation of a distinguished former member of Congress who had won recognition as an expert in financial affairs.

Senator Robertson was elected to the House from Virginia in 1932, where he served for 14 years, and for the past 20 years has been a member of the Senate. In the House he specialized in taxes, tariffs and foreign trade. In the Senate, where he has served for the past seven years as Chairman of the Banking and Currency Committee, he specialized in laws relating to financial institutions, including international banking and the balance of payments. He also served on the Senate Appropriations Committee, and was a member of six subcommittees that handled 96 per cent of the Federal budget.

 


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