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FEDERAL RESERVE BANK OF NEW YORK No. 10241 ”1 June 8, 1988 [ Circular APPOINTMENT OF DIRECTOR For Unexpired Portion of Term Ending December 31, 1988 To the Member Banks of the Second Federal Reserve District: E ffe c tiv e J u n e 1, 1 988, th e B o a rd o f G o v e rn o rs o f th e F e d e ra l R e s e rv e S y s te m a p p o in te d M aurice R . G reenberg a c la s s C d ire c to r o f th is B a n k fo r th e u n e x p ire d p o rtio n o f a te rm e n d in g D e c e m b e r 3 1 , 1 9 88. M r. G re e n b e r g , w h o is P re s id e n t a n d C h ie f E x e c u tiv e O ffic e r o f A m e ric a n In te rn a tio n a l G ro u p , I n c . , N e w Y o rk , N .Y ., w ill su c c e e d John B rademas , w h o re s ig n e d as a c la s s C d ire c to r o n A p ril 3 0 , 1988. D r. B ra d e m a s se rv e d as a c la ss C d ire c to r o f th is B a n k sin c e J a n u ary 1 9 8 3 , a n d as C h a irm a n a n d F e d e ra l R e s e rv e A g e n t fro m 1983 to 1 9 86. E . G erald C orrigan , P re sid e n t .