RABOBAND
People
2 International
Former executive
board chairman
Schreve
départs
Deadline diary
Agn-project
progress
Atlas online
ISSUE 28/25 APRIL 1994
After three years with the
bank as executive board
member and chairman of the
CBS management committee,
Frank Schreve announced he
would be leaving Rabobank
to chair the Dutch textile
group, Nijverdal-Ten Cate. He
explains the motivation
behind his move.
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Deadline
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lending.' A case in point is the
recent participation the APFT
undertook at the request of the
New York office for one of its
CAM clients. 'The International
Paper Company wanted financ-
ing for a project in Poland,' ex
plains Streefkerk, 'IPC wanted to
acquire a paper mill there to sup-
ply the Central-European mar-
ket and also the high-quality
market in Western Europe.
The loan required to finance a
project like this is a seven-year
deal, so normally Rabobank
wouldn't be able to accommo-
date the cliënt. However, they
passed it on to us, we looked at it,
and agreed to join a syndicate
headed up by JP Morgan. This is
the first time we've been able to
do a CAM deal like this, but it
won't be the last.'
International
Editorial staff
Stan Polman and Anne Lavelle
(Editorial Department).
Cees van Rest and Brigitte van Kanten
(International Division).
Editorial address
Rabobank Nederland, Caroline
Renette, editorial assistant, UC-R 514
P.O. Box 17100, NL 3500 HG
Utrecht, Telephone +31 30 902083,
Telefax +31 30 901904.
Designed and printed by Hoonte-
Holland, Utrecht.
'Three years seems a very short
period to be involved with an or-
ganization,' he says, 'but you
know I've actually done what I
set out to do when I joined the
bank three years ago. My job was
to develop the Central Banking
Sector (CBS) into a more prof-
itable entity. Our market pos-
ition had to be made stronger
both at home and abroad, and
the CBS's role and place within
the whole organization had to be
defined.
'All those things have happen-
ed,' Schreve states, 'and I think
you'11 find the figures speak for
themselves. The CBS is solid,
and has shown real improve-
ment. In the three years I have
been responsible for it, profita-
bility has doubled and in terms
of market share, we have seen
growth of some percentage
points.'
Frank Schreve came to the bank
from industry following a career
that took him to the US qnd to
many European countries.
'When I perceived my task as
chairman of the management
committee as completed, I be-
gan asking myself what next.
Although I looked at possibil-
ities within the organization, I
also looked outside. At some
point, I had to ask myself if I was
a banker in heart and soul. My
conclusion was that I'm really
more an entrepreneur than a
banker. I also realized that I en-
joy managing the management
of a company or organization. I
like to be responsible and to be
able to make my own mark on it.
These are the two reasons I de-
cided to accept the chairman-
ship offered to me by Nijverdal-
Ten Cate.'
From May 1, Schreve will be
working with the bank from the
other side of the table. 'It will be
an interesting experience,' he
says, 'because now I'll be dealing
with the bank equipped with a
lot more knowledge than before,
and I think it will come in very
useful. I've become a lot wiser in
the past three years...'
In November last year, the
CBS management committee
gave the go-ahead for the
agri-project finance team's
medium term policy plan
which has created the basis on
which the APFT can expand
into this international market.
'The approval of the policy plan
was an important step in our de-
velopment,' says Niek Streefkerk
of the APFT, 'because it not only
defined our goals and organiz
ation, but also gave us an inde
pendent risk allowance. In turn,
this means we can now finance
projects that would normally fall
outside the scope of the bank's
Germany Former Hong-Kong
GM Anton Nillesen moves to
Frankfurt where he will become
part of the bank's three-man
management team. His appoint-
ment is effective June 1.
Hong Kong Roelf Hagoort has
been appointed deputy GM of the
Hong Kong office. He takes up his
new appointment on June 10.
The Atlas system (Internet)
has been installed success-
fully in the Madrid office of
Popular Rabobank. Further
implementations are planned
for Dublin and Singapore in
the near future. In next
month's issue, Sjaak Ver
schoor explains the hows
and whys of the new system.
Roger Bradshaw (photo) will
move from the structured finance
department to the agri-project
finance team in Hong Kong on
May 10.
Utrecht Tom van der Weijden,
international advisory team
leader Eurodesk, takes up a new
position in the corporate bank
ing division where he will be ac
count manager commercial ser
vices and transport.
Singapore Current head of treas-
ury, Theo van Koningsveld
(photo), relocates back to
Utrecht where he will take up the
position of chief money markets
and For Ex department. He is
succeeded in Singapore by Karei
Lankenau, formerly head of
treasury at the ABN-Amro's
Hong Kong office.