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November 22, 1985

Angelo A. Vigna, executive vice president of the Federal Home Loan Bank of New York, will serve as acting director of the Federal Savings and Loan Insurance Corp.

Vigna succeeds on an interim basis Peter Ogden Stearns, who is leaving the FSLIC post to work in private business.

Vigna's appointment takes effect today.

Vigna will retain his title as executive vice president of the Federal Home Loan Bank and general supervisor of the agency's second district while he serves as acting FSLIC director.

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