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June 11, 2001

JUAN ELEK ELECTED TO SMU BOARD OF TRUSTEES

Click here to read this release in Spanish.

DALLAS (SMU) -- The Southern Methodist University Board of Trustees has elected Juan Elek of Mexico to serve as a trustee for the membership term ending in 2004.

Juan and Ingrid Elek live in Mexico City and are members of SMU's International Office Advisory Council. Elek is the founder and co-chairman of Elek, Moreno Valle y Asociados, an investment banking firm in Mexico City that advises major Mexican and multinational companies.

Prior to starting the company in 1986, Elek spent six years as deputy president at Banamex and nine years at Citibank, N.A. in the United States, Canada and Mexico. He presently sits on the board of over ten companies, including Korn Ferry, Sulzer Hermanos, Centex Corporation, Americas Society, Farmacias Benavides and Mex-Capital. He is past chairman of the board of San Cristobal (a Scott Paper affiliate) and Intermex in London, among others. He also served as president and chairman of the Mexico-U.S. Bilateral Committee and the Mexican Business Council for International Affairs, and since 1998 has served on the Chairman's International Advisory Council of the Americas Society.

"The selection of Juan Elek is another expression of SMU's commitment to bring global perspectives not only to our classrooms but also to our governing board," said SMU President R. Gerald Turner. "Juan Elek is a distinguished business leader who will enrich the deliberations of our Board of Trustees."

Juan Elek was educated at Central Methodist College in Fayette, Missouri and the Harvard Business School in Cambridge, Massachusetts. The Elek's son, Pablo, graduated May 19 from SMU with a B.B.A. degree in finance.


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