Novel Move
New Faces
2
short news
What'S NewS Issue 4 April 1997
Foreign exchange desk head
Hans Bayer is embarking on six
months sabbatical leave. 'I
think it's a duty for all of us to
discover what our talents are
and to make the best use of
them,' says Hans. 'It's a
challenge to take on something
completely different and to try
to succeed at it.' This is exactly
what Rabobank has in mind for
those who take sabbatical leave.
Bayer is planning to use his
A group of 20 new managers
from all over the world visited
people
Argentina Chris Abbenhuis has
been appointed general manager
Rabobank Argentina as of August
1997.Adrian Lorenzutti joined
the bank as credit analyst Agri
Commodity Finance.MBA
graduate of IMD Switzerland
Jorge Correa, has accepted an
appointment as account manager
Editorial Staff
Managing Editors:Vincent Pijpers (Rl
Marketing),
Paula van de Riet (RN Editorship)
Editors: David Brown, Anne Lavelle, Nigel
Morrison
Production: Len Fraser (RN Editorship)
Editorial Address
Rabobank Nederland, EO 516
P.O. Box 221,5600 MA EINDHOVEN
Telephone: +31 (0) 40 217 50 09
Telefax:+31 (0)40 217 71 36
Rabomail: Rabo Magazine@ico_uc@comm
Internet: Rabomagazine@rn.rabobank.nl
Design and printing by
Hoonte Holland bv, Utrecht
Please send address changes to
the editorial address.
time off to put his second novel
on paper. The planned book
follows-up his book 'De
Afstand' ('The Gap'), about the
adventures and ultimate
disillusion of a currency options
trader. Hans expects to have the
manuscript finished in good
time for his return to Rabobank
on October lst, spending much
of the intervening period
working at his converted
watermill in Normandy. Asked
how the Foreign Exchange desk
will get through six months
without him, Hans doesn't
(what's in a word)-
Hans Bayer: discovering talents
during sabbatical.
expect any problems. 'We have
a very professional team here
and I'm sure they can handle
the job. Even if it will take two
of them to do it..!'
a fruit warehouse and the local
Rabobank in Leusden to top
off a training course at
Rabobank International in
Utrecht. The fruit company,
Roest, is one of the local
bank's oldest clients. They
have been in business for
almost a century, as has
Rabobank Leusden. In this
way, the participants in the
introductory course 'Client
Relationship Managers
Meeting', organized by
Network Development and
Support, were given a chance
to see what our bank is all
about at a grassroots level. The
visit culminated in a 'real'
Dutch meal of pea soup and a
traditional bean dish. The
accompanying photo featured
on the front page of a local
weekly.
From left to right: Eric Poon (Hong Kong), Fred Bakema (Rabobank
Leusden), Angela Fla (Hong Kong), Yessica Cai (Utrecht), Prida
Ojanadamkerngchoke (Bangkok), Clementine Roest (Roest) and
Kevin Teo (Singapore).
Agri Corporate Finance.
Australia Ab Gilhaus will become
head of the Corporate Banking
Division of Rabo Australia Group
as of August 1 stof this year.
Chili Mr. Mergudich signed on as
commercial manager.
Hong Kong Lee Kin Man has
accepted an appointment as
intended operations manager at
Rabobank Shanghai. Elsa Tam
became assistent manager Trade
Services. Senior account manager
Peter Lam left the bank.Stella Fok
is now deputy manager with
Private Banking. Johnny Mok
became senior Trade Finance
manager for Trade Community
Financing.
JakartaTreasury manager Non
Rawung left the bank.
Moscow Ludmilla Koubanova
joined us as office manager. Alexej
Belyayev is now deputy general
manager, as is Rodolphe
Evangelisti.
Netherlands Utrecht Branch
welcomed five new faces in
March, one of whom came from
elsewhere in the bank. Hans in 't
Veld joins our staff as project
manager at Global IT. Duco
Hordijk is now senior account
manager Media Telecom with
Corporate Banking. Caroline
Tilborg became a junior staff
member at Network Development
Support. Tjeerd de Vries,
formerly ofStructured Finance, is
now head of Origination Funding
Treasury at Investment Banking.
Piet Roelandt is the new head of
Currency Options (Trading Forex,
Money Markets) also with
Investment Banking.
Singapore Song Cheng Miang
joined the bank as deputy general
manager for Operations. Low
Tuck Weng was appointed senior
manager derivatives with the
Marketing Department. Ronald
Lim became senior account
manager for Healthcare. Vivek
Gupta joined us as manager APFT.
Ong Poon Lee became senior
account managerTrade
Commodity Finance.
(continued on page 12)
When is a word not a word?
When it means something else
in either American or British
English.or just something else.
All clear? Well, perhaps not. For
your perusal here a number of
terms that may mean
something to you, or may not...
Affinity card better known as a
charity card in the UK,this
credit card is issued to
members of a club,college, etc.
In Britain, it is always linked to
some kind of charitable
donation, hence the name.
Bond washing more usually
called dividend stripping, or
perhaps its the other way
around.The practice of buying
gilts after they have gone ex-
dividend and selling them cum-
dividend just before the next
payment is due.(This clearly
requires a knowledge of Latin...)
Bill broker is also known as a
discount broker and buys bills
of exchange from traders to sell
to banks and discount houses.
Alternatively, he/she may hold
them until maturity.
Dollar stocks are actually US or
Canadian securities.
Early bargains or after-hour
deals, depending on how you
lookatit.Theseare
transactions on the London
exchange after it has closed
officially for the day.That's why
they're recorded as part of the
next day's trading.
Non-amortizing mortgage
sounds much more fun than a
balloon mortgage, don't you
think? With a balloon
mortgage, a lump sum has to
be repaid at the end of the term
to cover the remaining debt.
Notice in lieu of distringas
sorry,couldn't resist testing
your Latin once again...this old-
style court procedure is now
known more prosaically as a
stop notice. It protects
shareholders who have not
been registered as company
members.
