David O. Maxwell

David O. Maxwell "retired as Chairman of the Board and Chief Executive Officer of Fannie Mae on January 31, 1991. He joined  Fannie Mae in February  1981 and was elected chairman and chief executive  officer in May 1981. From 1970 to 1973, he served  as  general  counsel  of  the  U.S.  Department  of  Housing  and  Urban Development;  and  from  1967  to  1970,  he was  Insurance  Commissioner,  then Secretary  of  Administration  and  Budget  Secretary  of  the  Commonwealth  of Pennsylvania.

"In 1987-1988, Mr. Maxwell served as Vice Chairman of the National  Housing Task Force.  Several of the Task Force's key  recommendations  for changes in federal housing policy have subsequently been enacted into law.

"A graduate of Yale University and Harvard Law School, Mr. Maxwell practiced law in Philadelphia  from 1959 to 1967. He was a candidate for the U.S.  Congress in 1960 and served as an officer in the U.S. Navy from 1955 to 1959.

"Mr. Maxwell is a member of the Boards of Directors of Corporate Partners, L.P.; Financial Security Assurance Holdings Ltd. (FSA);  Hechinger Company;  Potomac Electric Power Company (PEPCO); and SunAmerica Inc. He is a member of the boards of trustees of The Brookings Institution,  WETA (the public television and radio stations in  metropolitan  Washington,  D.C.),  The Enterprise  Foundation,  The European Institute,  and Arena Stage. He is a member of the Trustees' Council of the National Gallery of Art and is a Life Trustee of The Urban Institute." 


 * Director Emeriti, European Institute