American Association of Bank Directors Announces Appointment of Neal L. Petersen to Board of Advisors

August 11, 2004—Bethesda, Maryland

The American Association of Bank Directors ("AABD") announced today that it has named Neal L. Petersen to its Board of Advisors.

Mr. Petersen is engaged in the practice of law in the Washington, D.C.area, concentrating on representing banks and other financial institutions, and is an Adjunct Professor of Law at Columbus School of Law.

He brings extensive experience in the areas of bank regulatory law and corporate governance issues to his new role as a member of AABD's Board of Advisors.

Mr. Petersen previously served as the General Counsel to the Board of Governors, Federal Reserve System, Director, Banking Law and Regulation, of the National Regulatory Advisory Service Group of KPMG, and a partner in the law firm of Hogan & Hartson and Assistant General Counsel of  Bank of America in San Francisco and Washington, D.C.

He has presented numerous seminars to the banking industry and has served as a guest speaker, moderator and panelist for banking associations around the country. He also has written articles on various banking subjects that have been published in various banking-related publications.

"Neal Petersen brings to AABD a wealth of practical experience and expertise in Federal Reserve and other bank regulatory issues facing bank and savings institution banks and their directors and executive management," Keith Dalrymple, President of AABD, said.  "He will provide AABD members with invaluable support in his fields of expertise."

Founded in 1989, the non-profit American Association of Bank Directors is the only trade group in the United States solely devoted to bank directors and their information, education, and advocacy needs. The Institute for Bank Director Education was established in 1993 as the educational arm of AABD. Its purpose is to act as a clearinghouse for education programs designed for bank and savings institution directors that support the nationally recognized Director Certification Program.



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