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SAN FRANCISCO FED NAMES WASHINGTON BUSINESSMAN TO ADVISORY COUNCIL

 SAN FRANCISCO, Dec. 29 /PRNewswire/ -- Peter H. van Oppen, president and chief executive officer of Interpoint Corp. of Redmond, Wash., has been appointed to the Advisory Council on Small Business and Agriculture of the Federal Reserve Bank of San Francisco.
 Purpose of the 12-member council is to serve as an important source of information to the bank on current and pending developments in the small business and agricultural sectors of the 12th Federal Reserve District's economy which covers the nine western states. Van Oppen succeeds Kendall E. Bert, economic development director of the city manager's office of Tucson, Ariz.
 Van Oppen, 41, is a graduate of Whitman College (Walla Walla, Wash.) and holds an MBA degree from Harvard University's Graduate School of Business. In 1987, he was appointed president of Interpoint Corp., a manufacturer of specialized electronic components and computer network storage peripherals. Previously, van Oppen was an operating executive at Founders Fund, a venture capital firm, where he managed several entrepreneurial businesses. He also served as vice president over international activities for Squibb Corp.'s electronics group.
 Active in the business community of Puget Sound, van Oppen is a director of Seattle FilmWorks Inc., and American Passage Marketing Corp., and is a member of the advisory boards of Pacific Northwest Cellular, L.P. and Frazier & Co. In addition, he is an overseer and former executive committee member of Whitman College, and a member of the advisory board of Pacific Science Center in Seattle.
 Other council members from the Northwest are Karla S. Chambers, vice president, Stahlbush Island Farms Inc., Corvallis, Ore.; Robert D. Fay, president and operations manager of M & R Enterprise, Sunnyside, Wash., and Nancy G. Learned, president, Learned-Mahn Inc., Boise, Idaho.
 As the nation's central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers consumer protection laws and is fiscal agent for the U.S. government. The Federal Reserve Bank of San Francisco provides wholesale banking services to financial institutions in the nine western states through the home office in San Francisco and its branches in Los Angeles, Portland, Ore., Salt Lake City and Seattle.
 -0- 12/29/93
 /CONTACT: Elizabeth Masten of the Federal Reserve Bank of San Francisco, 415-974-2133/


CO: Federal Reserve Bank of San Francisco ST: California IN: FIN SU: PER

LW-RB -- SF003 -- 7808 12/29/93 13:10 EST
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Publication:PR Newswire
Date:Dec 29, 1993
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