Morgan executive to run international affairs for U.S. Treasury

By Rex Nutting
CBSMarketWatch.com
Tuesday, February 27, 2007

http://www.marketwatch.com/news/story/timothy-ryan-named-top-treasury/st...

WASHINGTON -- President Bush will nominate T. Timothy Ryan, an executive at JP Morgan Chase, to the top international relations job at the Treasury Department, the White House announced Tuesday.

If confirmed, Ryan would succeed Timothy Adams as undersecretary for international affairs at the Treasury. Adams has been in the position since August 2005.

Ryan is the vice chairman of the financial institutions and government group at JPMorgan Chase & Co. He's a member of the senior management team.

Before joining JP Morgan, Ryan served as director of the Office of Trust Supervision in the early 1990s and was director the Resolution Trust Corp. and the Federal Deposit Insurance Corp. He was one of the chief managers of the cleanup of the savings and loan debacle.

Ryan has been active in Asian financial affairs. He served on the U.S.-Japan Private Sector/Government Commission and is a director of the U.S.-Japan Foundation. He also was a board member at Koram Bank in Seoul, Korea.

He was a lawyer for the Labor Department and worked at the firm of Reed, Smith, Shaw & McClay in Washington. Ryan earned his undergraduate degree from Villanova University and his law degree from the American University.

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