May 19, 1997
The Potomac KnowledgeWay Project announced today the addition
of Peter F. Nostrand, president, Greater Washington Region of Crestar Bank,
to its Board of Directors. This brings the total number of board members
to 16.
The Potomac KnowledgeWay Project is a Greater Washington collaborative
effort focused on fostering the growth of new and existing companies in the
knowledge industries; producing, recruiting and retaining a skilled work
force capable of competing in a global, information-driven economy; and
connecting our community at all levels to the opportunities in the "Digital
Age."
"Embracing the communications revolution will benefit every sector
of our economy," said Mario Morino, chairman of the Potomac KnowledgeWay
Project. "Our success in making the most of this transition to a digital
economy depends on the commitment of regional leaders like Peter."
"The Potomac KnowledgeWay is helping Greater Washington take advantage
of the enormous potential in our knowledge and information technology
industries for the benefit of the entire region, and Crestar is proud to
play a role in that effort," said Nostrand. "As the goals of the Potomac
KnowledgeWay are achieved, we will contribute to the vitality of all sectors
of the economy and the community-at-large."
Nostrand joined Crestar Bank in 1973 and served in a succession of
increasingly responsible positions. He was named to his current post in
1995. He is a member of the board of directors and the executive committee
of The Greater Washington Board of Trade. He also serves on the board of
the Federal City Council, the Greater Washington Initiative, the Greater
Washington Research Center, the Local Initiative Support Coalition and the
Washington Airports Task Force.
He holds a B.A. from Amherst College, an M. Ed. from the University
of Virginia, and degrees from the National Commercial Lending Graduate
School at the University of Oklahoma and the Stonier Graduate School of
Banking.
The Potomac KnowledgeWay Project is a nonprofit organization dedicated
to establishing Greater Washington as the global center of knowledge
industries of the 21st century by seizing the economic, educational and
social opportunities of the communications revolution.
Visit the Potomac KnowledgeWay Project's Web site at
http://knowledgeway.org .