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Columbia University
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Fred Knubel, Director of Public Information
FOR USE UPON RECEIPT

Philip Milstein Elected Trustee of Columbia University

Philip L. Milstein, president and chief executive officer of Emigrant Savings Bank, has been elected a Trustee of Columbia University, President George Rupp has announced.

Mr. Milstein, a 1971 graduate of Columbia College and long one of the school's most active alumni leaders, becomes the University's 98th Alumni Trustee and will begin his six-year term this fall. Columbia has 24 Trustees, of whom six are nominated by the University's alumni, one each year.

A vice chairman and director of Emigrant Savings Bank since 1987, Mr. Milstein became president in 1993. He is a specialist in commercial real estate lending who has been involved as a principal in the real estate business since graduating with an MBA from New York University in 1975.

In Columbia alumni work, he has held nearly every major position open to a volunteer. He was chairman of the College Alumni Association from 1990 to 1992 and of the school's charter bicentennial celebration in 1987. He has led his class reunions, chaired the John Jay and Alexander Hamilton dinners and served on the College's Board of Visitors. He has won both the John Jay Award and the University's Alumni Federation Medal. His wife is Cheryl Glicker Milstein, an alumna of Barnard College.

In presenting his 1993 Alumni Medal, the University cited his ability to rally support and inspire others. "Many important events and initiatives in the recent life of Columbia College owe their success to you, and you have won the gratitude of faculty, students, administrators and alumni across this campus," the citation said.

Mr. Milstein has also been active in several civic and community organizations in New York: the Young Presidents' Organization, the 92nd Street YMHA-YWHA, the Citizens Budget Commission, the New York City Partnership and the Community Preservation Corporation.

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