
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, May 11, 1993                   TAG: 9305110085
SECTION: BUSINESS                    PAGE: B5   EDITION: METRO 
SOURCE: The New York Times
DATELINE: WASHINGTON                                LENGTH: Short

UNIVERSITY OFFICIAL TO HEAD RTC

As part of its overhaul of the savings and loan cleanup, the Clinton administration plans to name a University of Maryland official as chief financial officer of the Resolution Trust Corp.

Deputy Treasury Secretary Roger C. Altman, who has been acting as the agency's chief executive while a permanent replacement was sought, is scheduled to announce the appointment of Donna H. Cunninghame, today. He said the choice of an accountant who is vice chancellor for finance at the university reflected his determination to revamp the agency's management and the way it disposes of about $100 billion in assets of bankrupt savings and loans.

The agency has concentrated on selling assets rapidly, other officials said, without paying enough attention to whether its contractors were performing properly or whether it was getting full value.

Since 1985, Cunninghame has run the finances of the University of Maryland, which has 11 campuses and an annual operating budget of $1.8 billion. Before that, she worked at a student loan foundation with a $250 million investment portfolio.

by CNB