New York euro seminar made in the USA - recent joiners in the big Apple New assets New assets 6 What'sNewS Issue 7 July 1998 The euro will impact financial institutions on both sides of the Atlantic which is why Pamela Hobson has recently been appointed to set up New York's Euro Project Office. Although not exactly a new asset in the bank - she's been with New York branch for five years - Pam's new role is to manage the marketing, systems, regulatory and operational efforts associated with the launch of a single currency in Europe. The project office also publishes a newsletter - Pam will be happy to put you on the mailing list and welcomes info from elsewhere in the network. Call her on direct dial +1 212 818 7855, or mail her. To prove the US is on track for the coming of the single European currency, nearly 100 New York financial professionals attended a euro seminar at the quarterly meeting of the Association of International Bank Auditors (AIBA) on June 23. And keynote speaker was our own RI euro project manager, Hans Reusch. His presentation focused on the impact of the single currency on banking globallv, including the economie consequences and the impact on US business in particular. According to Pamela Hobson (see above), 'Hans was very effective in raising the auditors' awareness of the euro as a business-driven issue, and of its important consequences for both EMU and non-EMU based companies.' She also added that for the attending New York financial professionals, 'the seminar did a lot to lift the profile of Rabobank International as a euro expert.' Corporate Communications are increasingly recognized as essential in today's business. Cheryl Lyons has joined the bank to support our growing need for consistent information flows. A former consultant, she is currently building an inventory of what RI North America has, what it needs and how to generate it. Pam Cheryl Lyons Boon Chai Lee is business manager to newly recruited head of IB, Andy Feldman (more on him next issue), and is already installed in the dealing room and is busy working with existing treasury personnel. They are creating the investment banking infrastructure needed to smooth the integration of new people and products coming in. Boon Chai comes from Merrill Lynch where he headed up global commodities in the energy business. Previously, he did interest-rate swaps for JP Morgan. Boon

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blad 'What's news' (EN) | 1998 | | pagina 6