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Philip Merrill has been sworn in as president and chairman of US Ex-Im Bank. Merrill, a publisher and diplomat with broad experience in both the public and private sectors, was nominated to head Ex-Im Bank by President George W Bush and confirmed by the

  • US senate.
    Before joining Ex-Im, Merrill was chairman of the board of Capital-Gazette Communications, which publishes The Washingtonian magazine, The Annapolis Capital and four other Maryland newspapers.

    From 1990 to 1992 he served in Brussels as assistant secretary-general of Nato. From 1983 to 1990 he served on the Department of Defense policy board, and from 1981 to 1983 he was counsellor to the undersecretary of defense for policy. In 1988 the secretary of defense awarded him the Medal for Distinguished Service, the highest civilian honour given by the department.

    Merrill will serve the remaining portion of the four-year term left vacant by the death earlier this year of John Robson. The term expires January 20, 2005.