ROBERT K. WILMOUTH

Robert K. Wilmouth is President and Chief Executive Officer of National Futures Association (NFA). NFA, the industry-wide, self-regulatory organization for the futures industry, is comprised of over 3,000 Members and 50,000 Associate Members. The primary purpose of the association is to assure, through self-regulation, high standards of professional conduct and financial responsibility on the part of its Members.

As President and Chief Executive Officer, Mr. Wilmouth also is a member of NFA's Executive and Finance Committees. He has served as NFA's President since the organization commenced operations in 1982. Prior to joining NFA in 1982, he served for approximately five years as President and Chief Executive Officer of the Chicago Board of Trade (CBOT), the nation's oldest and largest commodity futures exchange. During his tenure at the CBOT, volume at the exchange, particularly in financial futures contracts greatly expanded.

His banking career began in 1950 when he joined the First National Bank of Chicago. In 1966, Mr. Wilmouth was elected a Senior Vice President and assigned responsibility for construction of the bank's new headquarters building at First National Plaza in downtown Chicago. In 1968, he moved into international banking as Manager of First National Bank of Chicago's branch in Milan, Italy. Following transfers to London and then to the post of General Manager of all European operations, he returned to the United States as head of the international banking department. He was elected Executive Vice President in 1972 and named to the bank's Board of Directors in 1973. In early 1975, he resigned to join Crocker National Bank.

Beginning in 1975 he served for two-and-one-half years as President, Chief Administrative Officer, and Director of Crocker National Bank in San Francisco and also held similar positions with Crocker National Corporation, the parent company.

At that time, Crocker had one of the largest branch banking networks in the country and Mr. Wilmouth was actively involved in all retail banking functions. Although he joined the futures industry in late 1977, he continued to serve the banking industry in various capacities at LaSalle National Bank and its parent company, LaSalle National Corporation, and is former Chairman of LaSalle National Corporation. He served on several LaSalle Bank Board of Directors' Committees, including the Community Reinvestment Act Committee.

Mr. Wilmouth is the Chairman of the Self-Regulatory Organization (SRO) Consultative Committee of the International Organization of Securities Commissions (IOSCO). He is a former director of Private Export Funding Corporation and a member of The Economic Club of Chicago.

He is a Lifetime Trustee of the University of Notre Dame, and former Chairman of its Investment Committee. He also serves on the advisory council of Northwestern University's Graduate School of Management.