personnel NewS new fa ces people change of address looking ahead l What'sNewS Issue 5 May 1998 The Rabobank organization welcomes Hans Smits as new executive board member and deputy chairman of Rabobank Nederland as of May 1. No stranger to being high-profile, Smits steps into Rabobank directly from his previous six-year position as director of Holland's international airport, Schiphol. While finishing offat Schiphol, Smits has enthusiastically absorbed himselfin the dynamic world offinance. Being a people's man, the cooperative Rabobank principles mesh with his all-important social ethics and provide 'a world in which I flourish.' Fully eguipped with doublé degrees in hydraulic engineering and business management, appointments as deputy director generaI of the ministry of economie affairs and secretary genera! for the ministry of transport and Communications respectiveiy, Smits promises to be a real asset to our organization. Argentina extended its staff with senior reiationship manager F&A Fernando Aftalion, senior manager APFT Aitor Ezcurra, and Alejandro Reca as senior manager FAR, responsible for Latin America. Brazil Investment banking has been strengthened with head of sales Luiz Marcelo Alves de Moreas. Chile has a new generaI manager, Willem Wagner, who previously headed Rabobank Curaqao. Corporate banking has a new colleague, senior account manager Carlos Urzua. Claudia Benavides is atso joining as senior credit analyst. Leonidas Montes left the bank China Shanghai continues to recruit, newest to the team is deputy generat manager Tony Leigh who will be in charge of the com mercial banking activities. Deputy generaI manager KM Lee will be in charge of the operational activities. New manager of F&A is Bernadette Cenzon, and John Redick has started setting up an APF team. The Barcelona office is located in new premises, please make sure to update your mailing lists. Cura^ao Maus Barendrecht has been appointed generaI manager. Maus was previously country- manager Italy. Germany Jürgen Buchfink has been appointed head of trade finance structured trade finance in Flamburg. Corporate Finance atso has a new colleague in Richard Gütermann as project manager acquisition finance. New to operations is head of payment services Joachim Römer, replacing Barbara Schreeb-Ziegler, who left the bank. Italy Adriaan van Ravenstein has been appointed general manager. Adriaan comes from Germany. Netherlands Shafik Gabr has been appointed global product manager corporate finance. Rachel Bosman has been appointed assistant secretary of the managing board. Within the Netherlands branch Jaap Korf has been appointed market core team leader government within corporate finance. Account manager Arjan de Boer joins the Rabobank International Sucursal en Espana Paseo deGracia, 11 -6°2° 08007 Barcelona Spain telephone +34 3 270 22 85/86 telefax+34 3 270 26 45 May 7 Rabobank Group Report 1997 MA 8-12 EBRD Annual Meeting, Kiev MA/IB 18-19 Millennium Conference, Amsterdam GLIT 20 - June 1 World Cup Flockey, Utrecht MA/NB 25 - 27 International Trade Services Meeting, Utrecht TS 27 - 29 Ri's Global Conference on Sustainabie Development, Zeist MA Publications Market study 'the world coffee market' FAR/MA Market study 'the world dairy industry' FAR/MA June 9-10 Rabobank International Conference 1998 (RICO) NDS 11 Special General Assembly (Centenary), Utrecht CC 19-26 Annual team days APFT, Kerkrade/Utrecht APFT July 31 - August 2 Tour de France plus seminar on sustainabie development, Paris NB/MA APFT - Agri Project Finance Team, CC - Corporate Communication RN, FAR - F&A Research, GLIT - Global IT, MA - Marketing Rl, NDS - Network Development Support, TS - Trade Services, NB - Netherlands Branch By now most ofyou will have noticed onscreen our electronic What's NewS Flash. Using the latest technology we are able to provide up-to-the-minute information via our own intranet system. To launch this new info-medium is a Rabobank International Euro special outlining the various teams our global organization has set up ir anticipation of EMU. Highlights in the first of these electronic specials include the euro-workings of our private and corporate banking teams as well as the effect of the euro on the bond market. Don't miss it - and watch your screen for more cyber updates. market core team commodity finance. The market core team health care has been strengthened with Frank van den Heuvel and Ellen de Werdt as senior and account manager respectiveiy. Ellen comes from the international credit department. Frank replaces Leendert Mastenbroek. Leendert will join local bank Berkel-IJssel. Senior manager project finance Marcel de Goeijen left the bank as did our treasury colleagues Rob Mayenburg and Ruud Broeder. Singapore New deputy general manager is Ronald Blok, former general manager in Chile. F&A research has a new colleague in Edgare Kerkwijk. Investment banking's trading division has been strengthened with Anderson Tan Kheng Leng and Kenneth Goh Kia Ling. Rabobank Asia Ltd. has a new col league in Edward Hsu Po-Wei. UK International equity brokerage has new colleagues in head of global equity capitaI markets Paul ffolkes Davis, head of global banks and financials research John Aitken and equity analysts Nick Gough, Roger Gough, Piers Brown and Katherine Newton. US New York has a new colleague in Adnan Mirzoiev Masthead Editorial Staff Editor in Chief Noor Tania-Stein (Marketing Rl) Managing Editor Anne Lavelle (The Write Company) Editors David Brown, Samantha Dobson Production Len Fraser 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 whats news@rn.rabobank.nl Design the write company, Amsterdam Lithography Zetterij Niek van Dijk, Amsterdam Printing Drukkerij Cliteur bv, Amsterdam Please send address changes to the editorial address

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