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For immediate release: March 28, 2002

Levine Appointed to Board of Directors at Dallas Fed El Paso Branch

DALLAS—The Federal Reserve Board of Governors has appointed Cecilia Ochoa Levine to a three-year term on the Federal Reserve Bank of Dallas' El Paso Branch board of directors.

Levine is president of MFI International Mfg., LLC., a maquiladora with plants in El Paso and Juarez, Mexico. MFI performs contract assembly services for many companies and also assists companies in setting up maquiladora facilities in Mexico.

Levine is president and founder of USA/Mexico Strategic Alliance and a board member of the El Paso World Trade Center. She is an active member of numerous civic and professional organizations, including the Regional Maquiladora Association, Mexican Maquiladora Association, Dallas/Fort Worth Minority Business Council, El Paso Chamber of Commerce, Amigos Unidos and the PAISANO Committee, an advisory board for the immigration commissioner of Mexico.

Levine is also a founding member of the Midland Hispanic Chamber of Commerce as well as a participant in the U.S.-Mexico Partnership for Prosperity, a public-private alliance that aims to spur private-sector economic growth throughout Mexico.

A native of Chihuahua, Mexico, she currently resides in El Paso. Levine attended the University of Texas at El Paso.

The El Paso board of directors consists of seven members, four appointed by the Federal Reserve Bank of Dallas board of directors and three by the Federal Reserve Board of Governors in Washington, D.C.

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Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org