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MEDIA CENTER Population Council Elects Rodney B. Wagner as Board Chairman NEW YORK (26 June 2001) — Rodney B. Wagner, retired vice chairman of J.P. Morgan & Co., was elected chairman of the Population Council's board of trustees at its 112th meeting on June 6. Mr. Wagner, a member of the board since 1996, replaces Elizabeth J. McCormack, who will now be the vice chairman. "We are delighted to have Rod as our new chairman," said Council President Linda G. Martin. "His commitment to broad issues of economic and social development, including population, and his international experience and leadership will serve the Council extremely well." Mr. Wagner joined J.P. Morgan & Co. in 1954 after receiving a B.A. degree from Yale University. For much of his career, he worked with clients in developing countries. Mr. Wagner served for three years as general manager of Bank Almashrek in Beirut, a Lebanese bank in which Morgan held a minority interest, before being named to head the firm's Middle East and Africa unit in 1976. From 1979 to 1984, he also oversaw the firm's business in the East Asia and Pacific region. He became vice chairman of the Credit Policy Committee in 1984. In 1962 Mr. Wagner joined the U.S. Agency for International Development (USAID) in Washington D.C., first as deputy director and then as director of the Office of Capital Development and Finance in the Near East-South Area. In 1965 he served as deputy director of the USAID mission in Ankara, Turkey. Mr. Wagner was named Morgan's vice chairman and director and became a member of the Corporate Office, the firm's senior policy and planning group, in 1993; he retired in 1996. Mr. Wagner serves on several not-for-profit and corporate boards: as chairman for Roberts College in Istanbul, Turkey, and a member for American University of Beirut, Bechtel Enterprises, the Preston Foundation, the Saudi Arabian Oil Company, and the World Wildlife Fund. Dr. McCormack, who was named vice chairman of the Council's board of trustees, is the former president of Manhattanville College in Purchase, N.Y. She headed the Rockefeller family philanthropy office for 12 years and continues to advise members of the Rockefeller family. She has extensive experience in not-for-profit management from years of service on boards, including chairing the board of the John D. and Catherine T. MacArthur Foundation. She was a Council trustee from 1985 to 1994 and became chairman in 1997. Noted Dr. Martin, "We hate to have Elizabeth step down as chair, but are extraordinarily grateful for her enormous service to the Council and for the fact that we will be able to continue to benefit from her wisdom." The Council's board of trustees, composed of men and women from 12 countries, includes leaders in research, policy development, and business.
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