ALEXANDRIA, Va. (Jan. 11, 2016) – National Credit Union Administration Board Member J. Mark McWatters said today he intends to remain fully engaged on matters coming before the NCUA Board during the confirmation process for his nomination to serve on the Board of Directors of the Export-Import Bank of the United States.
“It is an honor to be nominated by President Obama to serve on the Board of Directors of the Export–Import Bank,” said Board Member McWatters. “If confirmed by the U.S. Senate, I look forward to working with Chairman Hochberg and Vice Chair Felton. Until that time, I will continue to work on the critical regulatory issues and policies facing the credit union system as a member of the NCUA Board.”
President Barack Obama announced his intent to nominate McWatters to the Board of the Export–Import Bank earlier today.
McWatters was nominated by President Obama to serve on the NCUA Board on Jan. 7, 2014. Following confirmation by the U.S. Senate on June 19, 2014, he took office as an NCUA Board Member on Aug. 26, 2014.
Board Member McWatters previously served as the Assistant Dean for Graduate Programs and as a Professor of Practice at the Southern Methodist University Dedman School of Law and as an Adjunct Professor at the Southern Methodist University Cox School of Business. He previously served as a member of the Troubled Asset Relief Program Congressional Oversight Panel. He also served on the Governing Board of the Texas Department of Housing and Community Affairs and the Advisory Committee of the Texas Emerging Technology Fund.
Board Member McWatters has more than 30 years of legal experience as a tax, corporate finance and mergers and acquisitions attorney. He is also licensed as a Certified Public Accountant.