Loan Market Association elects new Directors21 July 2009
Loan Market Association elects new Directors
The following new Directors were elected to the LMA Board at the AGM on 16 July 2009:
Charles Bennett (Credit Suisse), Roland Boehm (Commerzbank), Edward Brown (ING), Francesco Carobbi (The Bank of Tokyo-Mitsubishi UFJ Ltd), Justin Conway (Goldman Sachs) and Zak Summerscale (Babson Capital Europe Ltd).
At the Board meeting immediately following the AGM, Ian Fitzgerald (Lloyds Bank Group) was elected Chairman of the Loan Market Association. In view of the ever increasing range of activities undertaken by the LMA, the Board decided to increase the number of Vice Chairmen from two to four with Richard Basham (Citi), David Fewtrell (HSBC Bank), Nick Jansa (Deutsche Bank) and Richard Munn (Oak Hill Advisors Europe LLP) being elected.
Ian Fitzgerald said:
"I am delighted to have been elected Chairman of the LMA and look forward to working with the new Board in what are very challenging market conditions. The Association's activities continue to expand, which is why we have decided to increase the number of Vice Chairmen from two to four, and I am confident that the Board has the necessary experience and drive to continue the Association's excellent work."