EuroCatalyst Class of 2002 | Live from Madrid by Shirley Jackson

2002

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EuroCatalyst Class of 2002 Welcome to the EuroCatalyst Class of 2002, a directory of participants in the first voluntary gathering of the European mortgage lending community. From the front office to the back, from primary to secondary markets, from covered bonds to MBS, from the U.K. to the Continent, from Europe to the United States and beyond. EuroCatalyst hopes you find the Class of 2002 useful, not only during the event, but throughout the entire year.

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Behind the scenes, we would like to thank our event partners for their vision and support: SUPPORTING AND ASSISTING ORGANISATIONS

European Mortgage Federation (www.hypo.org) Council of Mortgage Lenders (www.cml.org.uk) Verband deutscher Hypothekenbanken / Association of German Mortgage Banks (www.pfandbrief.org) Realkreditrådet / Association of Danish Mortgage Banks (www.realkreditraadet.dk) International Union for Housing Finance (www.housingfinance.org) Confederación Española de Cajas de Ahorros / Spanish Confederation of Savings Banks (www.ceca.es) Asociación Hipotecaria Española / Spanish Mortgage Association (www.ahe.es) The European Group of Valuers Associations (www.tegova.org)

OFFICIAL PUBLICATIONS

Structured Finance International (www.ew-sfi.com) EuroWeek (www.euroweek.com) Mortgage Finance Gazette (www.mfg.co.uk) The Japan Times (www.japantimes.co.jp) Immobilien & Finanzierung (www.kreditwesen.de)

SPONSORS

Founding Catalysts GE Mortgage Insurance (www.gemieurope.com) EDS Credit Services (www.eds.com) Standard & Poor s (www.standardandpoors.com) EuroCatalysts PMI Europe (www.pmieurope.com) FitchRatings (www.fitchratings.com) Tower Technology (www.towertech.com) Countrywide International Consulting Service (www.countrywideinternational.com) ALLTEL Mortgage Solutions (www.alltel.co.uk) Industry Catalysts United Guaranty (www.ugcorp.com) Moody s Investors Service (www.moodyseurope.com) Regional Catalysts Confederacion Espanola de Cajas de Ahorros (www.ceca.com) BBVA (www.bbva.es) NIB Capital (www.nibcapital.com) Bear Stearns International (www.bearstearns.com) Homeloan Management Limited (www.hml.co.uk) Entys Inc. (www.entys.com) We would also like to thank the following individuals for their friendship, inspiration, collaboration and support: Judith Hardt, Baralides Alberdi, Michael Coogan, Marc Pitz, Louis Hagen, Wolfgang Kaelberer, Adrian Coles, Torben Gjede, Debra Erb, Tamara Adler, Esther Dyson, Larry Walker, Mark Thompson, Will Ross, Henri (HJvdK) and Evelien van de Koppel, Julia Jepps, Mike Hyman, Julian Ryall, Kim Slawek, Thomas Kretschmar, Alexander Batchvarov, Alexandra Sleator, Michael Lea, Gregorio Mayayo, Alfonso Caro, Han van Wijk, Robert van den Berg, Jean-Luc Spetz and his drum, David Froeihyp, Christine Matthes, Angel and Mireya Alban, Bernie Langius and Trienke Stellema, Tammy Richardson, Juan Fernandez-Aceytuno, Tony Porter, Anthony Musacchio, Iain Wilcox, Matt-man Gilmour, Reggie de Jong,. Rick Watson, Richard Beidl, Fred Phillips, Barbara Ridpath, Jeff Spencer, Roberto Paciotti, Bruno de Gasperis, Heiko Glander, Sharleen Clarke, Jon Hay, Nichola McVey, John Murray and Marloes Hautmann. Toni Moss and Shirley Jackson, EuroCatalyst BV September 2002

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The EuroCatalyst Class of 2002 yearbook was produced by EuroCatalyst BV for all participants in EuroCatalyst 2002 Madrid. Additional copies can be purchased from EuroCatalyst BV. Please contact Shirley Jackson (syj@eurocatalyst.com) for further information.

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THE DIRECTORY All speakers, panelists, team captains, team managers and delegates who sent in their bios and photos are featured in the main section of the directory. I

Speakers, panelists and team captains and managers ------- 10

In the audience ------------------------------------------------------------------------------- 40

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Esther Dyson Chairman EDVenture Holdings

Esther Dyson has devoted her life to discovering the inevitable and promoting the possible. As an active investor and commentator, she focuses on emerging technologies and business models (peer-to-peer, artificial intelligence, the Internet, wireless applications), emerging markets (Eastern Europe) and emerging companies (see below). In 1994, she had already explored the impact of the Net on intellectual property (among other things, why Bill Gates now plans to offer software as an online service). In 1997, she wrote a book on the impact of the Net on individuals' lives, Release 2.0: A design for living in the digital age. She remains an active player in discussions and policy-making concerning the Internet and society. Dyson is chairman of EDventure Holdings (www.edventure.com), which publishes the influential monthly technology-industry newsletter, Release 1.0, and sponsors two of the industry's premier annual conferences, PC (Platforms for Communication) Forum in the US (March 23 to 26, 2003) and EDventure's High-Tech Forum in Europe (November 3 to 5, Berlin, Germany). Dyson also writes a fortnightly column for the New York Times syndicate (Release 3.0), which also appears in EDventure's online newsletter, The conversation continues. In addition, she donates time and money as a trustee to emerging organizations (Bridges.org, the Santa Fe Institute, the National Endowment for Democracy and the Eurasia Foundation). She recently finished a two-year-term as founding chairman of ICANN, the Internet Corporation for Assigned Names and Numbers, the international agency charged with setting policy for the Internet's core infrastructure (technical standards and the Domain Name System) independent of government control. Now she sits on its "reform" committee, dedicated to defining a role for individuals in ICANN's decision-making and governance structures. After graduating from Harvard in economics, Dyson began her serious career in 1974 as a fact-checker for Forbes and quickly rose to reporter. In 1977 she joined New Court Securities as "the research department", following Federal Express and other start-ups. After a stint at Oppenheimer covering software companies, she moved to Rosen Research and in 1983 bought the company from her employer Ben Rosen, and renamed it EDventure Holdings. The daughter of an English physicist and a Swiss mathematician, Dyson started traveling in Eastern Europe in 1989 and eventually helped to fill the small but vital vacuum at the intersection of Eastern Europe, high-tech and venture capital, even as she remains active in the US and Western Europe.

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Tamara L. Adler Managing Director, Head of Debt Capital Markets, Structured Finance J.P. Morgan Chase & Co.

Tamara is the Managing Director and Head of Debt Capital Markets, Structured Finance at J.P. Morgan Chase & Co., leading a business that serves the complex and diverse financial needs of European corporate and government clients. In this role, Tamara has direct client and transaction management responsibilities and oversees a business that includes advisory, securitisation, structured loans, structured real estate and mezzanine and bridge finance. Tamara also serves as a member of JP Morgan's European Credit and Rates Leadership Group. Before joining JP Morgan in July 2001, Tamara was the managing director heading Deutsche Bank's European Securitisation Group and was a member of Deutsche Bank's Global Markets Management Committee. Under her leadership, Deutsche Bank received numerous awards, among them, Best European Securitisation House and six different Deals of the Year. Tamara is also a lawyer and was a partner in the Commercial Group of Hogan & Hartson, Washington, D.C. Prior to joining Hogan & Hartson, Tamara was a founding member of the Commercial Mortgage Securitisation Group at Goldman Sachs & Co. in New York. Tamara graduated from Wellesley College (B.A. 1978) and received her law degree from the Northwestern University School of Law (J.D. 1982).

Baralides Alberdi Financial Specialist BBVA

Baralides is a specialist in housing finance, housing policy and financial instruments to develop and complement the mortgage market. Prior to assuming her current position within the Research Department of BBVA in Madrid, Baralides was seconded by BBVA to work with the World Bank in Washington, D.C., where she spent five years (1997-2001) as a financial sector specialist in charge of housing finance and mortgage markets in the Latin American region. She began her career with what is now BBVA in 1988, when she became Head of Research for Banco Hipotecario, then the largest specialized mortgage institution in Spain and now part of the BBVA Group. At Banco Hipotecario, Baralides was responsible for statistics, studies and external and institutional relations. Baralides also spent some time with the regional government of Andalucia (1983-1988) as an assistant in the Housing and Architecture Department, with Banco Exterior (1981-1983) as an economist in the Research Department and with the Spanish Ministry of Economy as an economist assisting in preparation of reports on the Spanish economy. Baralides was Spain’s representative in the Economic Working Party of the European Mortgage Federation from 1994-1997.

Torsten Althaus Director, Structured Finance Standard & Poor’s

Torsten has worked for Standard & Poor’s as a German country coordinator since 1999. As a Director he heads up Standard & Poor’s Structured Finance team in Frankfurt, which is mainly active in rating German RMBS, CDO and ABS transactions. Prior to joining Standard & Poors, Torsten worked for almost four years for Bankgesellschaft Berlin as a Structured Finance Investor and Arranger. Torsten holds a German and UK University degree in business and economics, and his experience in German retail banking and asset management dates back to 1985.

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Iain Barbour Global Head of Structured Finance Research Commerzbank Securities

Iain is responsible for Structured Finance research at Commerzbank Securities. This team concentrates on the performance of structured product transactions, sectors and markets globally, with a specific focus on European asset classes. The team focuses on collateral performance, structural analysis, and relative value across transactions, sectors and markets. Commerzbank Securities' Structured Finance research team are committed to providing "leading-edge" transaction and market reviews and analysis for investors, whilst working closely with originators to ensure that both originators and investors achieve their objectives. The Commerzbank Securities Structured Finance research group also covers all covered bonds. Prior to joining Commerzbank Securities, Iain was responsible for ABS research covering commercial and residential mortgages, healthcare and infrastructure at Barclays Capital. Prior to entering research, Iain was responsible for the origination and structuring of bank balance sheet driven securitisation transactions. He has also held more generic financial institution relationship coverage responsibilities at Clearstream, Lehman Brothers, and Citigroup.

Carmen Barrenechea Subdirectora General Titulización de Activos, SGFT

Carmen is Subdirectora General of Madrid-based Titulización de Activos (TdA). She joined the firm in 1992, two months after the landmark Spanish securitisation law was passed. Carmen is responsible for the structuring and operational administration of securitisation funds managed by TdA. TdA is the leading Spanish firm structuring and servicing ABS, MBS, MBOs and CLOs. The firm leads the market in total amounts issued as well as the number of companies grouped in its funds. Currently more than 40 different financial entities are involved in funds issued and managed by TdA. The firm works with banks, private companies and public entities developing all kind of financial structures. To date, TdA has originated and administered 14 mortgage-backed securities funds, five asset-backed securities funds collateralized by SME loans and the Fondo de Titulización de Activos Resultantes de la Moratoria Nuclear. In total, the deals comprise an issuance of more than 12 billion euros. Carmen earned a Bachelor of Science degree in Business Administration with a major in Finance from the Universidad Autonoma in Madrid, and did postgraduate studies in finance at Harvard University.

Alexander Batchvarov Managing Director / Head of International Structured Credit Research Merrill Lynch

Alexander joined Merrill Lynch in March 1998 as Head of International Structured Credit Research. He and his team provide research coverage of the Structured Credit market developments in Europe, Latin America and Asia. The team regularly publishes The International Structured Credit Weekly to provide in-depth analysis of market developments, as well as research reports dedicated to specific transactions or sectors of the market, such as MBS in different countries, longdated bonds, securities finance companies, etc. Alexander’s team has consistently been ranked No. 1 securitisation research provider in investors surveys by ISR, SFI, EuroMoney, Credit Magazine and Institutional Investor. Prior to joining Merrill Lynch, Alexander worked for several years as a Structured Finance Analyst in the ABS Group and a Sovereign Analyst in the Sovereign Risk Unit of Moody's Investors Service in London and New York. Prior to Moody's, Alexander was a Manager in the emerging markets Financial Institutions group in Citibank in New York. Alexander holds a Ph.D. in International Economics from the National Academy of Sciences in Bulgaria and an MBA in Finance from University of Alberta in Canada. He is a CFA Charterholder and a member of AIMR and NYSSA.

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Dan Brenneman Account Executive ALLTEL Mortgage Solutions

Dan joined ALLTEL Mortgage Solutions in July 2000 as a Sales Account Executive based in the UK. Within this role Brenneman has responsibility of sales-related activities to major mortgage lenders in the UK and Europe, including mortgage lending software, third-party administration, ASP and e-commerce solutions. Prior to this role Dan served in a variety of posts within ALLTEL Residential Lending Solutions. Most recently he was responsible for the management of the client relationship with ALLTEL's largest mortgage lending client in the United States. Dan was also one of the individuals involved with the formation of ALLTEL's European joint venture, ALLTEL Mortgage Solutions. Prior to moving to the sales and marketing area in 1998, Dan was responsible for the consulting and educational services area of ALLTEL Residential Lending Solutions. Prior to joining ALLTEL in 1993, Dan worked within the accounting and operations areas of several major U.S. mortgage lenders. He holds a bachelor's degree in accounting and has over 21 years of experience in the mortgage lending industry.

Sean Clifford Chief Operating Officer & Senior Vice President

Countrywide International Consulting Services After 10 years in Hong Kong, Sean has joined Countrywide International Consulting Services to lead their global initiative through providing fee-based professional services for mortgage and related businesses. With 15 years of experience while working within an IT capacity, Sean has served as a management and IT consultant to both multinational companies and local blue chips in the United States, England, Australia and Asia. Previous clients include the Hong Kong Stock Exchange, S.G. Warburg, Standard Chartered Bank, Westpac, Natwest Markets and IBM. Most recently Sean was a partner with Deloitte Consulting responsible for management and information technology solutions in the financial services industry, focusing on retail banking, securities, insurance and stock exchanges. In addition, he was the senior information technology partner in Hong Kong and led the Customer Dynamics or customer relationship management regional service line that transforms how companies market, sell and service. Sean has worked with clients from the financial services industry to build, broaden and deepen their customer relationships, while leveraging technology in the front and the back office for improved customer service and operational efficiency. Sean holds a Bachelor of Science degree in Construction from Arizona State University.

Adrian Coles Director General, Building Societies Association

Secretary General, International Union for Housing Finance A graduate of both Nottingham and Sheffield Universities with degrees in Economics, Adrian joined the Building Societies Association in 1979 as an Economist. After various appointments he became Director General in 1993. Between 1993 and 1996 he was also director general of the Council of Mortgage Lenders. He frequently addresses seminars and conferences, both in the UK and overseas, on housing, savings, mortgages and mutuality, and has often appeared on radio and television. He takes a keen interest in international developments and is a member of the Executive Committee of the European Mortgage Federation and Secretary General of the International Union for Housing Finance. Outside the BSA Adrian is on the Board of Money Advice Trust, a charity which raises funds for the provision of independent debt advice, and has served the social housing sector in a number of capacities; he has also been a school governor for many years. Aged 48, Adrian is married and has an 18-year-old son and a 14-year-old daughter. He keeps his body fit through jogging and his mind in shape by reading history and political biography. He is also a season ticket holder, with his son, at Tottenham Hotspur Football Club.

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Simon Collingridge Director, European Structured Finance Ratings Group Standard & Poorâ&#x20AC;&#x2122;s

Simon is a Director with Standard & Poor's Structured Finance Ratings Group in Europe, responsible for surveillance and research of European structured transactions. Prior to joining Standard & Poor's in March 1999, Simon was at Alliance & Leicester where he was head of mortgage origination, CrĂŠdit Agricole Personal Finance as director of operations and The Mortgage Corporation as securitisation manager. Simon holds a B.A. (Hons) degree in Law and Politics. He reports to Kurt Sampson, Managing Director responsible for Standard & Poor's structured finance activity in Europe, Middle East and Africa.

Michael Coogan Director General Council of Mortgage Lenders

Michael qualified as a barrister in 1981 and, following a short period in private practice, joined the Consumers' Association in 1983. Between 1984 and 1987 he worked at the Greater London Council and for its successor, the London Residuary Body. He joined the Building Societies Association in 1987, becoming Head of Legal Services of the BSA and Council of Mortgage Lenders in October 1993. He became Director General of the CML on 1 December 1996 to lead up the independent CML on its separation from the BSA on 1 January 1997. The CML represents the whole mortgage industry, and its members include banks, converted banks, building societies, insurance companies and other specialist residential mortgage lenders. As CML Director General he has overall responsibility for the management of the CML and is its main representative to government, Parliament, regulators, outside trade and professional organisations. He is a regular spokesman for the mortgage lending industry at seminars, conferences and in the media. He is married to Lyn, with a 5-year-old daughter, Caitlin.

Bruno de Gasperis Head of the Credit and International Department

Associazione Bancaria Italiana (Italian Banking Association) In his capacity as Head of the Credit and International Department at ABI, Bruno is responsible for the full array of lending portfolios (corporate and SME finance, trade finance, mortgage finance, rural finance, leasing, factoring, consumer credit, microcredit etc.), medium/long term funding instruments (bonds, ABS, securitisation, structured finance), credit risk management tools and supervisory regulation (Basle 2 Capital Accord) and international trade finance (export credit, credit insurance etc.). He has also developed an independent freelance consultant career throughout which he has carried out assignments with the EU Commission, World Bank, FAO, IFAD and other groups. Bruno received a M.Sc. in Agricultural Economics (Honours) from the State University of Perugia and a postgraduate diploma in Development Economics from the University of London, Wye College.

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Clarence E. Dixon Executive Vice President - Marketing & Customer Relations Aareal Hypotheken Management

Clarence is Executive Vice President of Customer Relations & Marketing at Aareal Hypotheken Management in Mannheim, Germany, where he is responsible for sales and business development of third-party processing services. Prior to his present position Clarence was a director of global cash management with the Global Transaction Banking Division of Deutsche Bank in Frankfurt and New York. Clarence has held management position with VISA International in London as well as Gesellschaft fur Zahlungssysteme in Frankfurt. He has a MBA degree from the University of Maryland. Clarence began his career with the U.S. Department of State where he had tours in Japan, Europe and the Middle East. He is also a guest speaker at the Business Academy in Mannheim as well as the International Business College in Frankfurt.

Rik Douwes Chief Executive Officer STATER NV

Rik is the Chief Executive Officer of STATER N.V. Douwes graduated from the Technical University in Delft with a degree in civil engineering and a specialty in business management. In the seven years immediately following his education Rik was employed as an international organizational consultant for Arthur Andersen. From 1991 to 1996 Rik was the managing director of Bouwfonds Hypotheken, the fifth-largest residential mortgage lender in the Netherlands, where he was crucial to the development and standardization of the Dutch electronic data infrastructure known as HDN, or Hypotheken Data Network. Among other significant enhancements, Rik redesigned Bouwfonds' servicing platform from an administrative support tool to a commercially viable and proprietary servicing system later spun off into STATER and known as the STATER Mortgage System (SHS). Rik has been the CEO of STATER since its inception in 1997. Under Rik's leadership STATER has recently restructured its operations. STATER is an international force in the market with over 450 employees, a head office in Amersfoort and branches in Leusden, the Netherlands, in Bonn, Germany, and in Brussels, Belgium. STATER aims to step up its activities in a large number of countries in the Euro currency zone within the next five years.

Richard Downer Managing Director of Principal & Asset-Backed Bear Stearns International

Finance

Richard joined Bear Stearns early last year from Merrill Lynch, where he was a director of securitisation, for financial institutions. During that time, he helped successfully put Merrill Lynch on the asset-backed league table map through a number of asset-backed transactions for the firm. Prior to this, he was responsible for Greenwich NatWest's mortgage-backed activities, which at the time was the No. 1 arranger of European asset-backed transactions. Richard arranged one of the first European synthetic mortgage securitisations in 2000.

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Hans-Joachim (Achim) Dübel Economist Achim’s focus is on financial sector and real estate sector development. Currently in the process of setting up his own consulting firm, Achim was on the staff of the Financial Sector Development Department of the World Bank in Washington, DC, as a senior financial economist from 1998 to 2000. There he advised developing countries on mortgage finance and capital markets. From 1991 to 1998, Achim worked for empirica, a German economic think-tank based in Bonn and Berlin, as a senior economist, consulting for international organizations, governments and the private sector in the areas of housing finance, communal infrastructure finance, financial sector analyses, regional economic development, real estate markets, housing policy and evaluation of large investment projects. He has been a permanent advisor for the Association of German Mortgage Banks (Pfandbrief issuers) since 1993. Achim has a diploma degree in economics from the University of Bonn.

Thierry Dufour Chief Financial Officer Crédit Foncier de France

Thierry is Chief Financial Officer and a member of the Executive Committee of Crédit Foncier de France, a company specialized in real estate financing and owned by the Group Caisse d’épargne. He is in charge of capital markets activities. Thierry is also Managing Director of the Compagnie de Financement Foncier, the mortgage bank, subsidiary of Crédit Foncier de France. Thierry joined Crédit Foncier in 1991. Prior to that, he served from 1989 to 1991 as chief financial officer at Caisse Autonome de Refinancement, a subsidiary of CDC, where his responsibilities included all operational activities and the group securitization business of Caisse des Dépôts et Consignations (CDC). From 1985 to 1989, he was notably in charge of the bond desk obligations foncières CDC, then of government bond primary dealers. He also managed CDC’s own portfolios in the finance department. From 1983 to 1984, Thierry was in charge of arranging financing for some of France’s largest groups, using interest rate products and tax arrangements, in BNP’s finance department. Thierry, who graduated from ENSAE and received master’s degreee in mathematics from Université de Paris Dauphine, also teaches finance at several prestigious institutes of higher learning in Paris.

Philippe Dumel Director of Servicing, Executive Committee Member UCB - Union de Crédit pour le Bâtiment Philippe joined UCB in 1987 and spent the initial part of career in the mortgage business first as a quality consultant and then as branch head. In 1994, he was appointed director of marketing. He has been a member of UCB's Executive Committee and responsible for mortgage administration and servicing activities since 1998. UCB, now fully owned by BNP-Paribas, is one of the leading specialized mortgage companies in France. UCB also operates in Italy and in Spain through a joint venture with SCH.

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Juan FernandĂŠz-Aceytuno Country Manager - Spain & Portugal GE Mortgage Insurance

Juan is responsible for launching GE Mortgage Insurance in Spain & Portugal in a regulatory, commercial and operational capacity. Juan, who was born in Madrid, graduated from Universidad Politecnica de Madrid as an engineer. He also obtained an Executive MBA in Operations with distinction from the "Instituto de Empresa" Business School in Madrid. After university, Juan joined BP Oil, where he contributed to several projects, including conceptual, detailed design, construction, start up and operation of a grass-roots plant, developed during more than one year in Florham Park, New Jersey, in the United States. Juan joined GE in 1995, and has held various positions in several businesses including GE Plastics, GE Real Estate and now in GE Mortgage Insurance, where he was promoted to Country Manager for Spain and Portugal in 2001.

Martin Finegold Chairman, Trigold CEO, Ifonline

Martin Finegold has been chairman of Trigold and CEO of IFonline since 2000. The Trigold businesses originated in February 1999 with IFonline, as a privately financed successor to the common trading initiative originally proposed by the Intermediary Mortgage Lenders' Association (IMLA) and the Council of Mortgage Lenders (CML). Trigold became a division of IFonline Group in June 2001. Previously, Martin spent five years with Kensington Mortgage Co. and eight years with Goldman Sachs.

Torben Weiss Garne Chief of Division

Danish Ministry of Economic and Business Affairs Before his present position as chief of division in the Danish Ministry of Economic and Business Affairs, Torben worked at the Danish Permanent Representation in Brussels and in the Danish Financial Supervisory Authority. He is vice president of the Danish Pension Market Council, member of the Board of Pensions Info, member of the Banking Advisory Committee and the Insurance Committee. He is also a legal commentator on financial legislation in KARNOV. He became a lawyer in 1987.

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Matt Gilmour Associate Director, European Structured Finance FitchRatings

Matt is an associate director in the European structured finance group at Fitch in London. Matt leads the agency's European residential and commercial mortgage servicer rating programme. Prior to joining Fitch in March 2001, Matt was a senior audit manager with responsibility for securitisation transaction support at Deloitte & Touche. Matt earned his commerce degree in accounting at the University of Birmingham. He is also a qualified chartered accountant.

Torben Gjede Director General Realkreditrådet

Before his present position as Director General of Realkreditrådet (Association of Danish Mortgage Banks), Torben worked as an economist at the Danish Ministry of Economics. His main tasks were economic analysis and research work, including participating in a research group of building an econometric model of Denmark. Torben was also an associated professor in economics at the University of Copenhagen as well as an economic columnist to the leading Danish business newspaper and the Danish correspondent to the Economist publishing company. Torben has published several articles on economic and mortgage business matters and has been active in European mortgage affairs. He is Danish Deputy Vice President of the European Mortgage Federation, president of the EMF’s Capital Market and Mortgage Bond Committee, member of the Executive Committee of the Nordic Council of Mortgage Banks and member of the Executive Committee of the International Union for Housing Finance. Torben holds a Master of Science in Economics from the University of Copenhagen.

Harry Groeneveld Chief Executive Officer QUION

As Chief Executive Officer of Rotterdam-based QUION, Harry is responsible for corporate strategy, portfolio management, information, computer, technology and finance. QUION, the only independent mortgage servicer in the Dutch market, was set up this year by Hypotrust, a successful provider of residential mortgages. Harry joined Hypotrust in 2000 and has been CEO since 2001. Before joining Hypotrust, Harry spent 15 years with Achmea Care, where he had several positions with various subsidiaries. His responsibilities included the purchase of medical services, finance, ICT, claims handling and general services. Harry has also participated in several committees of the Association Zorgverzekeraars Nederland. Harry obtained an executive MBA in 1999 in through the Rochester (US)/Nijenrode-program. He is married and has three children. He enjoys jogging, skiing and traveling.

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Dr. Louis Hagen Hauptgesch채ftsf체hrer / General Manager,

Verband deutscher Hypothekenbanken Dr. Louis Hagen, General Manager of the Verband deutscher Hypothekenbanken (Association of German Mortgage Banks), began his career with an apprenticeship with Bayerische Vereinsbank AG in Munich. After reading law at Munich University, he took his doctor's degree at Berlin University and spent some time as a junior lawyer in Munich and New York. Following a stint as a solicitor with a law firm in Munich, he became assistant manager at BV-Beteiligungsgesellschaft (a subsidiary of Bayerische Vereinsbank AG), Munich. In 1992, he was appointed head of the Brussels office of the Association of German Mortgage Banks. In 1996, he became senior manager for property redevelopment management at Bayerische Hypo- und Vereinsbank AG. He became managing director of the Association of German Mortgage Banks, Bonn, in 2000 and has been General Manager of the Association in Berlin since 2001.

Steve Haggerty Managing Director

Homeloan Management Limited Steve took on the position of Managing Director of HML in November 2000. He began his career at Bristol & West Building Society in 1973 as a management trainee, before joining HML as head of operations from 1990 to 1993. After spending two years with Skipton Building Society as AGM, administration, Steve returned to HML in 1995 as director of operations. Steve was educated at Hartcliffe School in Bristol and spent time in further education in Bristol where he successfully completed Associate exams of the Institute of Legal Executives in 1979. HML is the U.K.'s acknowledged leader in the provision of mortgage outsourcing facilities to major banks, building societies and other lenders. Since the company was formed in 1988, HML has been at the forefront of the mortgage outsourcing industry in the United Kingdom, providing a wide range of services to allow financial institutions to focus on building their business, sound in the knowledge that their mortgage portfolios are being managed on what is recognised as the U.K.'s most robust, flexible and dynamic mortgage system.

Judith Hardt Secretary General

European Mortgage Federation Judith is Secretary General of the European Mortgage Federation. The Federation is the leading association representing the mortgage industry at European level. Its members grant 70 percent of Europe's outstanding mortgage loans. Judith has extensive knowledge of the EU regulatory framework and the European mortgage markets. She has written numerous articles on housing finance and is a regular speaker at conferences. She is also member of the Executive Committee of the International Union of Housing Finance. Judith joined the Federation in 1987 and was appointed Secretary General in 1993. Judith qualified as a lawyer after studies in Belgium and the United States.

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Dr. Felix Hey Senior Vice President

HVB Real Estate Investment Banking, Munich As Senior Vice President of HVB's Real Estate Investment Banking unit, Dr. Hey is responsible for the structuring of mortgage-backed securitisation transactions. Dr. Hey, who holds a law degree and a Doctor of Law from the University of Munich, joined Vereinsbank's mortgage banking division in 1996. He established structured credit products applicable for the mortgage banking business and worked on launching Vereinsbank's MBS programme. Since the merger of Hypobank and Vereinsbank in 1998, he has been head of Real Estate Structured Finance's mortgage-backed securitisation department, active in structuring MBS with an overall volume of more than 12 billion euros, with WuerttHyp-2001-1, Dutch Dream2001 and Provide Comfort 2002 as the most recent transactions.

Søren Holm Group Treasurer, Executive Vice President Nykredit A/S

Søren is Group Treasurer and Executive Vice President of Nykredit A/S. Nykredit is one of the leading mortgage banks in Denmark with a market share of 33% within mortgage lending as well as 25% of the aggregate amount of bank and mortgage lending in Denmark. Søren holds a master’s degree in Economics from the University of Copenhagen and has more than 10 years of experience as Group Treasurer of Nykredit. Søren has for the past decade, together with the Danish FSA and the Danish central bank, been working with the development of the Danish balance principle which is the cornerstone of the Danish mortgage credit system.

Michael A. Hyman Business Development Director EDS Credit Services

Michael is Business Development Director for EDS’ third-party credit administration business line in its Europe, Middle East, and Africa region and is based out of its regional headquarters in Hampshire, England. He is responsible for executing the company’s sales strategy for prospective customers in this region. Mike has more than 20 years experience in the U.S. mortgage industry, including nearly 10 years with EDS’ US loan administration subsidiary Wendover Financial Services in Greensboro, North Carolina. He is a regular industry speaker and contributor to trade publications. An active member of the Mortgage Bankers Association of America, he received his Certified Mortgage Banker designation in 1995 and has served as an instructor at the School of Mortgage Banking, receiving its Faculty Fellow Award in 1999.

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Jérôme Jacques Director, European Securitisation Group / Debt Finance Société Générale

Jérôme Jacques is Director of Securitisation at Société Générale. Paris-based, he has been responsible for originating and structuring securitisation-related transactions since 1997. He is involved in transactions covering a variety of asset classes (residential mortgage, commercial mortgage, equipment leasing, consumer loan, trade receivable, future flows) and originators (corporate and financial institutions). Prior to joining the SG Securitisation Group, he held various positions with SG London, New York and Atlanta in the Corporate Finance Group. Jérôme graduated from Hautes Etudes Commerciales (1989) and holds an economics degree with special mention from La Sorbonne University and a French Accounting Superior Degree (DECS).

Stuart Jennings Director, European Structured Finance FitchRatings

Stuart is a director in the European structured finance group at Fitch in London. Stuart heads the agency's European residential mortgage-backed securities group. Prior to joining Fitch in 1999, Stuart was an associate in the asset securitisation group at Credit Suisse First Boston and before that was an audit manager at KPMG. Stuart earned his B.A. degree in accounting and French at the University of Kent at Canterbury. He is also a qualified chartered accountant.

Eric Klesta Director, International Corporate Development UCI - Unión de Créditos Inmobiliarios

and Servicing

Eric is responsible for managing UCI's international lending activity and UCI's expansion as a lender and a third-party servicer. UCI (Unión de Créditos Inmobiliarios) is the leading specialized mortgage institution in Spain. Created in 1989 as a jointventure company between the banking groups BNP Paribas and Banco Santander, it is based in Madrid. Eric has over 12 years of international experience in Europe and Latin America, where he has provided advice to external clients on the creation of market-based housing finance institutions and participated in several mortgage securitisations. From 1998 to 2002, Eric was the managing director for UCI Portugal, which he launched from scratch and which is now the leading mortgage lender through brokers and real estate agents in Portugal. Eric joined UCI's Board of Directors in 1993 and his management experience includes various operational positions such as manager for treasury and strategic planning, and credit and operations director. Prior to joining UCI, Eric was responsible for the funding in the debt markets of the credit activities of Compagnie Bancaire, now incorporated within the BNP Paribas group. Eric holds an MBA from the IESE Business School in Barcelona (Spain), a M.Sc from the University of Southampton (UK) and a degree in engineering from École Centrale (France).

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Eric Klopfer Vice President – Global Regulatory GE Mortgage Insurance

Affairs

In his role as Vice President, Global Regulatory Affairs, Eric is responsible for coordinating GE’s Mortgage Insurance’s international regulatory strategy, including its response to Basel II. Eric also works on strategic market development and special projects involving GE’s global customer base, especially in the capital markets area. Currently, Eric leads efforts by private mortgage insurers to develop a pan-European regulatory focus through the Mortgage Insurance Trade Association. Eric is from Pittsburgh, Pennsylvania, and holds degrees (B.A./M.A.) in history from the University of Pittsburgh, a law degree from Yale, and a D.Phil in history from Oxford. After law school, Eric served as a special assistant to a federal appeals court judge in the U.S., and taught literature and history at several universities. Eric joined General Electric Mortgage Insurance Corporation in 1998, where he has served as legal counsel for matters as wide ranging as investment management, large national accounts, product development, and GE’s Y2K readiness efforts. In recent years, Eric has drafted all of GEMI’s regulatory responses on risk-based capital regulation. He is currently meeting national regulators throughout Europe and Asia to explain the role of mortgage insurance in ensuring a safe, efficient and growth-oriented residential mortgage finance system.

Dr. Thomas Kretschmar Chief Executive Officer Hypoport

Thomas is Chief Executive Officer of Hypoport, which was set up at the beginning of 2002 as the result of a merger between mortgage broker Dr. Klein & Co. AG of Lübeck and integrator Freie Hypo AG of Berlin. Prior to assuming this post, he was director of the Institute of Services Management, where he focused on strategies for the mortgage industry. He also spent three years on the Board of the international consulting firm Droege & Co. A graduate of the University of Göttingen, Thomas wrote his doctoral thesis on expert systems for business diagnostics. He has been a professor of mortgage computing at the University of Applied Science in Berlin since 1997.

Michael J. Lea President

Countrywide International Consulting Services Michael is President of Countrywide International Consulting Services, LLC., a firm specializing in the analysis of and provision of technical assistance to primary and secondary mortgage market institutions worldwide. Prior to joining Countrywide in 2000, Michael was president of Cardiff Consulting Services, a firm specializing in the analysis of housing finance markets and institutions worldwide. He has over 15 years of international experience in 22 countries spanning five continents. He has provided advice on the creation of market-based housing finance institutions and systems as a consultant to the European Commission, Inter-American Development Bank, the World Bank Group and the U.S. Agency for International Development. Michael has also provided consulting services for governmentsponsored enterprises, trade groups, regulatory agencies and major private sector financial institutions in Europe and the U.S. Michael has a unique combination of research experience, senior operational responsibility in a major financial institution and high-level participation in public policy formulation. He was senior vice president of finance and capital markets at Imperial Corporation of America from 1987 to 1991. Michael was chief economist at the Federal Home Loan Mortgage Corporation (Freddie Mac) from 1983 to 1987.

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Jeroen D. Looman Senior Account Manager, Structured Finance NIB Capital Bank

Jeroen joined the Financial Markets Division within NIB Capital in early 2001. He is responsible for the origination of residential mortgages -- the fuel for NIB Capital Structured Finance’s successful Dutch RMBS program. Jeroen has over 10 years of experience in mortgage origination and sales. Before joining NIB Capital, he was one of the founding associates of the Bank of Scotland’s Internet mortgage business in the Dutch market (EUBOS).

Johannes Luef President and CEO

Værdipapircentralen (VP Securities Services) Johannes was a member of the Board of Directors from 1998 until 1999 when he was appointed CEO. Before joining Værdipapircentralen, Johannes spent five years with Hartmann Inc. as senior vice president and managing director. Prior to this Johannes was head of innovation with PBS (IT for financial industry) for three years and head of planning at Realkredit Danmark (mortgage banking) for five years. Johannes was born in Austria and has lived in Denmark since 1974. He holds a M.Sc in Economics from the University of Vienna and a Ph.D tech.

Kate Main Senior Policy Adviser

Council of Mortgage Lenders Kate studied modern languages at Durham University and spent the first 10 years of her professional life working in local government -- first with Surrey County Council and then with the Association of County Councils. She joined the Building Societies Association in December 1991, and when the BSA and CML de-merged in December 1996, moved to the CML as Senior Policy Adviser. Her responsibilities now cover all matters relating to the new regulatory structure for mortgage lending, including the new FSA rules and the review of Consumer Credit legislation, and also a number of European developments. Kate is a regular speaker at CML events, and the first point of contact for its 146 members who collectively represent approximately 98 percent of residential mortgage lending in the UK.

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John Maltby Chief Executive Kensington Group plc

John joined the Kensington Group in August 2000 from the Abbey National Group, where he was managing director of First National Tricity Finance and executive director of the First National Group. He previously held senior executive roles in the NatWest Group and Barclays Bank and enjoyed a successful consultancy career with Andersen Consulting and Price Waterhouse working with blue chip clients in financial services and other sectors. At Kensington, John has led the company through a successful listing on the London Stock Exchange and a 100 percent increase in profits in its first annual results as a listed company.

Anthony Musacchio Director - International Development United Guaranty Corporation

Anthony is a mortgage industry professional with 17 years' experience in U.S. capital markets and business development experience -- eight in mortgage banking with major mortgage originators and nine in the mortgage insurance industry. As a mortgage banking professional, he oversaw the management of interest rate risk in a multibillion dollar mortgage pipeline and created, developed, and implemented mortgage lending programs designed for resale on the secondary market. His management experience includes several years with one of the fastest growing companies in the United States and positions with lenders ranking among the top 20 mortgage bankers. In the mortgage insurance industry, Anthony contributed to the regional and national success of a company that has increased its national market share by more than 60 percent since he joined the company. While with United Guaranty, he has helped to develop and introduce new products and services including mortgage scoring and mortgage insurance programs. A recognized and certified trainer, Anthony has extensive experience in developing and conducting seminars on secondary market operations and analysis. Anthony is currently responsible for management of United Guaranty's business development in Europe and the U.K.

Karen Naylor Managing Director, Structured Finance Group Standard & Poor's

Karen is a Managing Director in the Structured Finance Group based in London. She has worked for over nine years on asset- and mortgage-backed securitisations in Europe. Karen has analysed both term and commercial paper transactions secured by a diverse group of assets including residential and commercial mortgages, personal consumer loans, auto loans, credit cards and trade receivables. In addition to her analytical duties, Karen is also responsible for managing and coordinating residential mortgage-backed transactions across Europe. Prior to joining Standard & Poor's, she was a credit analyst at Chase Manhattan Bank N.A. in London and at National Westminster Bank in Frankfurt.

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Eimer O'Rourke Secretary

Irish Mortgage & Savings Association As Secretary of the Irish Mortgage & Savings Association (IMSA), Eimer is responsible for overseeing the operations of the IMSA, which focuses on issues particularly relevant to the mortgage and savings markets, as well as participating in a range of joint committees with the IMSA and the Irish Bankers' Federation (IBF). Eimer joined the Irish Mortgage and Savings Association (IMSA) in 1995, after spending two years with the Credit Department of Bank of Ireland Finance. She became Secretary of the IMSA in 2000. The IMSA, which evolved out of the Irish Building Societies Association, is a representative body for mortgage lenders, comprising banks and building societies. It is affiliated to the IBF, the representative body for banks in Ireland. Eimer graduated from the University College Dublin with a B.A. (Hons) psych in 1985 and took of a variety of roles in health services from 19861990. After two years of full-time study, she graduated from Michael Smurfit Graduate School of Business, UCD with master’s degree in Business Studies (Financial Services) in 1992.

Klaus-Friedrich Otto Editor in Chief Der Langfristige Kredit

Klaus-Friedrich Otto has had a longstanding career in business and economic journalism since the early 1970s. He has been a member of the editorial teams of a number of economic magazines on real estate finance, including “Zeitschrift für das gesamte Kreditwesen,” “Immobilien & Finanzierung,” “bank und markt,” and “cards Karten cartes.” Since 1980, he has been the chief editor of the Verlag Fritz Knapp GmbH, Frankfurt am Main, und der Verlag Helmut Richardi GmbH, Frankfurt am Main, the reference guide for German real estate finance. He has been its owner since 1993. Klaus-Friedrich holds a degree in economics from Universität München.

Roberto Paciotti Associate Director, Structured Finance Standard & Poor's

Roberto is an Associate Director with Standard & Poor's London office in the Structured Finance Department. He is coordinator of the Structured Finance activity over Italy. Since joining S&P in January 2001, he has been involved in a number of transactions originated in Italy covering a variety of asset classes, including residential and commercial mortgage securitisations, non performing loans, ABS as well as Italian Treasury sponsored deals. Prior to working with S&P, he worked in the Project Finance department of MCC, the investment banking arm of the Capitalia Group. Roberto holds a master’s degree in Economics from the LUISS University in Rome.

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Lara Patrignani Associate Director, European Structured Finance FitchRatings

Lara is an associate director in the European Structured Finance group in London. Lara is primarily involved in rating Italian residential mortgage-backed securities as well as similar transactions throughout Europe. Prior to joining Fitch in 1998, Lara was involved in the analysis of asset-backed securities across Europe. Lara graduated with a B.A. in Business Administration at John Cabot University.

Friedrich Piaskowski Member of the Board

DG HYP, Deutsche Genossenschafts-Hypothekenbank AG Prior to joining the board of DG HYP in 1999, Dr. Piaskowski spent three years as head of global treasury Germany and asset-liability management for WestLB in Dusseldorf. From 1993 to 1996, he was head of sales and trading and assetliability management for Credit Suisse Deutschland AG in Frankfurt. From 1991 to 1993, Dr. Piaskowski led the Asset-Liability Management team at DB Bank in Frankfurt. He previously worked for Volkswagenstiftung and NORD/LB in Hannover.

Andrew Pople Managing Director - Retail Banking Abbey National plc Andrew began his career in 1983 with the Civil Service where he worked for seven months as a Research Officer before joining the Bank of England where he worked as a supervisor. On leaving the Bank of England in 1988 he joined Abbey National plc and for three years worked as strategic planning manager for corporate planning before becoming executive manager responsible for the project to establish Abbey National Life. In 1992, Andrew became regional director for Central Region and in 1994 he was appointed director, Life Assurance Division, and chief executive, Scottish Mutual. In August 1996, he was appointed managing director, Retail Division, and chairman of Abbey National Life. From 1 January 1998 he also assumed responsibility for the general insurance business. Retail banking serves Abbey National's 15 million UK customer base, providing a wide range of personal financial products and services which include mortgages, savings, investments, banking and insurance.

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Tony Porter Chief Operating Officer and Executive Managing Director PMI Mortgage Insurance Company Limited In his most recent position, Tony is responsible for PMI's activities in Europe. Tony currently lives in Dublin, Ireland, directing the company's initiatives across the continent. Prior to this assignment, Tony lived and worked in Sydney, Australia, where he directed the integration of PMI's first Australian acquisition, MGICA. Tony also led PMI's acquisition of CGU in Australia and New Zealand. Prior to assuming the leadership role for international markets, Tony managed Institutional Markets, implementing the use of pmiAURASM in the capital markets. Tony began his career at PMI in 1983 and served as manager in the Research Department. In 1986, he transferred to Atlanta as account executive for Georgia and Alabama. He was promoted to marketing director in 1988 and was appointed national accounts director for PMI's Western Zone in 1990. In 1993, he was promoted to vice president of marketing. He became vice president of institutional markets in 1996 and began his international duties in 1998. A graduate of the University of California at Los Angeles, Tony holds bachelor's degrees in Economics and Psychology and has received advanced training at Northwestern University's executive management program. He was awarded "Faculty Fellow" by the Mortgage Bankers Association for commitment and excellence in teaching in the School of Mortgage Banking.

Annick Poulain Senior Vice President, Structured Finance Group Moody's France S.A.

Annick joined Moody's France in October 1994, working first in the Financial Institutions Group covering French and Belgian bank, before moving to the Structured Finance Group in 1997. Based in Moody's Paris office, Annick is primarily responsible for ratings of French asset-backed transactions, asset-backed commercial paper conduits and European structured covered bonds. Prior to joining Moody's, Annick worked within the Crédit Lyonnais USA credit department in New York. Annick studied economics at the Ecole Supérieure de Commerce de Lille where she graduated in June 1991.

Scott C. Rankin Executive Director

European Securitisation Forum Scott is Executive Director of the Bond Market Association’s European Office, Executive Director of its European Securitisation Forum and an BMA Vice President. Responsible for the daily operation of the European Office, he oversees an array of legal, regulatory, capital and market practice initiatives and projects in the European securitisation, global funding and cross-market arenas. He is a member of the International Bar Association. Scott began his legal career in 1993 as an attorney for the Federal Reserve Bank of New York in the Legal Department’s Division of Bank Supervision and Markets. He received a B.S., cum laude, from Georgetown University’s Walsh School of Foreign Service and a doctorate in law from Boston College Law School. He was a Fulbright Scholar in comparative law at the Universität München in Germany.

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Tammy Richardson VP - European Business Development GE Mortgage Insurance

Tammy is responsible for expanding GE's Mortgage Insurance (MI) European platform. So far, GE has established MI branches in Italy, Spain, the Netherlands and has hired a representative for Sweden. Other target countries include Denmark, Germany, Portugal and France. Tammy is also responsible for mortgage-related acquisitions in Europe. Tammy, who hails from upstate New York, graduated from Union College in Schenectady, NY, 1989 with a Bachelor of Arts degree in Economics (Honours) and is a member of Omicron Delta Epsilon, a national honour society for Economics. After university, Tammy joined GE's Financial Management Program, which requires course work and five rotational assignments in various GE businesses. She spent several years at GE's Mortgage Insurance business in various roles including mortgage servicing, negotiate transactions, product development and risk management prior to moving to the UK to join GE's Global Consumer Finance business in Leeds. In 1999 Tammy moved to London to develop the Risk Management team at the growing mortgage insurance business and in 2001 was promoted to her current role of VP - European Business Development.

Barbara Ridpath Managing Director and Chief Credit Officer, Europe Standard & Poor's

Barbara is Managing Director and Chief Credit Officer, Europe, at Standard & Poor's. She joined S&P in 1983 after three years as an economist at the Federal Reserve Bank of New York. She has worked in S&P's European network since 1986, holding a broad range of positions. Barbara spearheaded S&P's move into international securitisation based in London in the late 1980s, and ran S&P-ADEF in Paris from 1990 to 1993. From 1993 to 1998 Barbara was a senior credit officer in JP Morgan Europe, rejoining S&P as a consultant in 1998, and in her current position in 2000. Barbara holds an A.B. degree cum laude from Smith College and a masterâ&#x20AC;&#x2122;s degree in International Affairs from Columbia University.

Ronald E. Roark Chairman & Chief Executive, Crown NorthCorp, Ltd (Europe) Chairman, Crown NorthCorp, Inc. (USA)

Ron has been Chairman of Crown NorthCorp, Inc. and its affiliated companies since 1977. Crown is a publicly traded financial services firm providing comprehensive asset management and risk management services to owners and operators of real estate interests. In 1995, he led the expansion of Crown's asset management business into Europe. In the past two years, Crown has been instrumental in developing two of the largest real estate transactions in Sweden. The company has provided financial advisory and asset management services to buyers with its partner, Catella Property Consultants AB, one of Europe's largest property companies. He is Chairman of Crown Mortgage Management Limited and the company's primary business development liaison. He and Crown have also provided due diligence and advisory services with respect to transactions in the United Kingdom, France, Denmark, Italy and Norway. Ron is a past board member of the Commercial Mortgage Securities Association (CMSA) and formerly served as Chair of the Board of Governors of CMSA. He is also active in other industry groups, including the Urban Land Institute (ULI), the Turnaround Management Association (TMA) and the Mortgage Banker's Association (MBA). He currently serves as a member of his alma mater (BS 1972) Drake University's Board of Trustees in Des Moines, Iowa.

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Christopher Rodrigues Group Chief Executive Bradford & Bingley

Christopher joined Bradford & Bingley, then the UK's second largest building society, as Group Chief Executive in June 1996. Following an overwhelming members vote in favour of demutualisation, Bradford & Bingley began the process of converting to a plc in 1999 and floated on the London Stock Exchange in December 2000. Prior to joining Bradford & Bingley, Christopher was chief executive of Thomas Cook, which he joined in 1988 as chief operating officer. He had previously spent nine years with American Express where he held a number of senior posts. He joined American Express from McKinsey. He is a nonexecutive director of the Financial Services Authority, a member of the Executive Committee of the National Trust and a Steward of Henley Royal Regatta.

William Ross Director of Global ABS Research ABN Amro

Will is the Director of Global ABS Research at ABN Amro in London. He was previously vice president, ABS reseach, at Merrill Lynch and prior to that a member of the ABS research team at JP Morgan. Will graduated from Queens University in Canada with degrees in Economics and Philosophy and is a CFA Charter Holder. Born in Ecuador and raised in Canadia, Will speaks an equally divergent group of languages including Spanish and Dutch. Notorious for borrowing a client's tie and addressing a packed conference room with the introduction, "I aplogise for standing here looking like a stereo salesman," Will enjoys arts, literature, comics, film and travel.

Santiago Ruiz-Morales Head of Securitisation, Iberian Peninsula

CrĂŠdit Agricole Indosuez

Santiago worked for Bankers Trust for 16 years in a variety of positions in Madrid, New York, Caracas, Paris and London in the International, Capital Markets Origination, Leveraged Buyout and Structured Finance departments. Later, he spent some time with Citius, a private equity advisory firm in Madrid, before joining CAI-Madrid as Director General, Institutional Area. In late 1998, he was put in charge of the Securitisation Project. CAI-Madrid has been ranked as the No. 1 ABS bookrunner for Spain for the last two years, 2000 and 2001. Over this period, CAI-Madrid has led 17 Spanish ABS issues, of which 10 have been MBS. These include the largest non-self-led European RMBS launched in euros, the first Spanish nonconforming RMBS, the first securitisation of covered bonds, the first SME loan CLO in Europe and a record-breaking 14 multi-originator transactions. Santiago has studied in Madrid, London, Bogota and Washington, DC, and holds an MBA from the University of Chicago.

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Karel J.R. Schiffer President

Foundation Guarantee Fund for Homeownership Karel is president of the Foundation Guarantee Fund for Homeownership of the Netherlands, which is responsible for supplying the National Mortgage Guarantee (Nationale Hypotheek Garantie) to borrowers. The National Mortgage Guarantee, set up in 1995 with the backing of the central government as the successor to the Municipality Guarantee, secures repayment of mortgags used to purchase or renovate private homes. The guarantee, called the National Mortgage Guarantee (Nationale Hypotheek Garantie), was introduced on Jan. 1, 1995, and is supplied to borrowers deemed eligible following an assessment procedure. Some 60,000 guarantees are supplied each year. Prior to becoming head of the foundation, Karel worked in a number of different positions at the Ministry of Housing, Physical Planning and Environment. In his last position at the ministry -- coordinator for matters related to homeownership -- Karel wrote a number of policy documents, including one on building savings, and worked on studies outlining and analysing the mortgage market in the Netherlands. His final effort as a civil servant focused on the privatisation of the municipality guarantee for homeownership. This led to the creation of the Foundation Guarantee Fund for Homeownership at the end of 1993. Karel has been president of the foundation since its inception.

Peter C.M. Schott Head of the Syndication/Securitization and Director Aareal Bank AG Peter is Director and Head of the Syndication/Securitization Department at Aareal Bank AG, which he established in Wiesbaden in March 2001. His responsibilities include the syndication of loans as well as the origination, structuring and distribution of Mortgage-backed securitisation transactions. Before joining Aareal, he worked for several years in Luxembourg and New York as vice president and team head at Dresdner Kleinwort Wasserstein in their Global Finance department and at The Sanwa Bank in their credit and risk management department. His background includes experience in syndicated loans, structured finance, project finance, conduit business and securitisation. Peter read Economics at the University of Munich, graduating in 1991.

Mirko Siepmann Consultant Mirko is an interim management consultant with extensive experience in the mortgage finance business. From 1999 to 2001, he was chief executive officer of E-Loan Europe N.V., a joint venture among E-Loan US, Vivendi and Softbank. Prior to that, he was senior vice president of the Transaction Banking Division of Deutsche Bank AG in Frankfurt and chief operations officer and chief financial officer of HYPO-Bank subsidiary Direkt Anlage Bank AG, Germanyâ&#x20AC;&#x2122;s first discount broker. Mirko is married and has two children, aged 2 and 5.

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Alexandra Sleator

Senior Vice President / Coordinator for European Covered Bond Ratings

Moody's Investors Service Ltd.

Alexandra joined Moody's in 1997 and has been primarily responsible for ratings of financial institutions in France, Switzerland and the Nordic area. She has also been involved in the ratings of financial institutions in Benelux and Spain. Her association with banks in Luxembourg, Switzerland and Liechtenstein provides her with a special expertise in the field of European private banking. In addition, Alexandra is rating coordinator for covered bonds in Europe. In this capacity, she has either led or participated in the development of rating methodologies for French, Spanish, Luxembourg, Finnish and Irish covered bonds. Today, she is leading projects in Norway, Belgium and Portugal. Prior to joining Moody's, she spent 10 years at J.P. Morgan working in the bank's capital markets, corporate banking and credit risk areas. Alexandra studied at Brown University, Rhode Island, where she received a B.A. in Business Economics and a B.A. in International Relations. Previously, she was educated in France.

Bas P. Snijders Director of Funding SNS bank NV

Bas is a director of funding at SNS bank NV, the fifth largest bank in the Netherlands. Bas is responsible for a 6.5 billion euro funding programme this year and is a member of the management team of SNS Financial Markets, the treasury arm of the SNS Reaal Group. Under his responsibility SNS bank NV increased its EMTN programme from 2 billion euro to 20 billion euro in three steps since June 1999 and set up a 2 billion euro ECP programme. In addition to senior funding, SNS Hermes securitisation programme falls under Basâ&#x20AC;&#x2122; responsibility. So far 2.7 billion euro of residential mortgages have been securitised in four transactions. Furthermore a 1 billion euro EMTN programme for SNS Reaal Group was established in January 2001. Prior to joining SNS in May 1999, Bas worked for Barclays Capital in London, where he was a director responsible for marketing fixed income products and derivatives to institutional clients in Holland, Belgium and Luxembourg. Bas has been active in (investment) banking since the early 1980s and has held various positions at ABN Amro, Chase Manhattan, West LB and Barclays in the Netherlands, London and New York.

Juan Pablo Soriano Managing Director Moody's Investors Service EspaĂąa

Juan Pablo currently holds the position of both Structured Finance Managing Director for Moody's Investors Service in Spain and Portugal, and Managing Director for the company's Spanish office headquartered in Madrid. He started his professional activities working as a stock broker operator in the Madrid Stock Exchange before spending five years in the credit department of the former Banco Central in their New York Branch. He joined Moody's eight years ago as a senior analyst in the London Structured Finance department. In 1994 he was promoted and relocated to Spain to direct SF activities in the Iberian market. He holds a law degree from Universidad Complutense de Madrid and an MBA in Finance from New York University.

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Jeffrey Spencer Vice President, Fixed Income Research Merrill Lynch International Jeffrey is responsible for coverage of European covered bonds as well as highgrade sovereign, quasi-sovereign and supranational issuers with an emphasis on local and regional governments and state-owned financial institutions in Europe. As a member of Merrill Lynch's High Grade research team, Jeffrey has been named a first teamer for Public Sector Borrowers in Institutional Investor's first European fixed income research poll, and was named as a first teamer for sovereigns in Institutional Investor's Global Research poll. He has been ranked among the top 5 Public Sector analysts in both Euromoney and Credit Magazine annual European Credit Research polls. Before joining Fixed Income Research, Jeff worked for two years with Merrill Lynch's Debt Origination group. In addition to a B.A. in Political Science and French from Middlebury College in Middlebury, Vermont, Jeff holds an M.A. from Columbia University. He studied for a year at France's Institut d'Etudes Politiques in Paris.

Jean-Luc Spetz Managing Director

EUROHYPO Europäische Hypothekenbank S.A., Luxembourg Jean-Luc, a French national, graduated with a primary and a master’s degree in Economics from Strasbourg University. He started his banking career with Deutsche Bank in 1972 in Karlsruhe, Germany, before joining the bank's head office in Frankfurt. From 1981 to 1988 he was in charge of the Milan Branch of Deutsche Bank as general manager. After investment banking assignments in London and Frankfurt he was appointed general manager of Europäische Hypothekenbank S.A., Luxembourg, in 1990. In 1995 Jean-Luc Spetz took over as managing director of EUROHYPO European Mortgage Bank plc in Dublin. In 2000, he returned to Luxembourg and joined Europäische Hypothekenbank S.A. as managing director. He is one of the vice presidents of the Brussels-based European Mortgage Federation and is also a member of the Board of the Luxembourg Bankers' Association.

Ian Stewart Head of Mortgage Marketing and Securitisation Halifax plc

Ian was appointed Head of Mortgage Marketing and Securitisation for Halifax in March 2000 and is currently responsible for new product pricing, product development, mortgage advertising and marketing support. Since October 2001 has also had similar responsibilities for Bank of Scotland mortgages. Has recently completed a joint project with HBOS Treasury Services to deliver the first securitisation of Halifax mortgages, where £3.5 billion was raised through Permanent Financing No1. Previously worked in Group Treasury for Halifax initially as finance director and then director of planning & development. Before joining the Halifax, upon the merger with the Leeds Permanent, Ian undertook a variety of roles latterly as Treasurer having spent five years with responsibility for capital markets. He qualified as a chartered accountant with KPMG in Leeds and has a B.A. in Economics from Leeds University.

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John Sutherland Divisional Director Nationwide Building Society

John joined the then Nationwide Anglia Building Society in 1988. The role was managing FlexAccount which had been launched twelve months previously. His role gradually expanded to include all money transmission activities for the group. 1994 saw John move into the retail network to manage the southern half of the branch network and in 1996 he was appointed divisional director for the whole network. In 1998, as divisional director mortgages and loans, he became accountable for the processes across the organisation for these two core products. Recently he took over the programme to create a groupwide processing centre for all Nationwide products. He is a director of The Mortgage Code Compliance Board and The Housing Forum. In 1990 he began an MBA at the University of Exeter which he completed in 1993 and then went straight into an M.A. in Leadership Studies, again at Exeter. He graduated with distinction in 1996. He is married to Jacqueline, and they have two sons and a daughter. He is an away supporter of Sunderland football club and his other interests include military history, gardening and he is a Trustee of The Prospect Hospice in Swindon.

Philippe Tapernoux Director, European Securitisation Group UBS Warburg

Philippe joined UBS Warburg in 1995 and was involved in corporate finance and bank lending. For the past six years, Philippe's focus has been on European securitisation, completing transactions in a number of jurisdictions, most recently in the Netherlands, Ireland, Germany and Greece. He has worked on a number of "first" transactions, including the securitisation of Embedded Value for UK insurer NPI, the first European Lottery securitisation for the Greek government or the first mortgage securitisation programme for Dutch financial institution SNS bank. Philippe holds a degree in business administration and economics from HEC Lausanne, Switzerland.

José Ramón Torá Director, European Structured Finance Standard & Poor's

José Ramón is a Director in the European Structured Finance Group of Standard & Poor’s Credit Market Services in Spain. Prior to joining the Structured Finance Group, José Ramón worked for the Latin American Structured Finance Group and the Financial Institutions’ Group also covering Latin America. Before joining Standard & Poor’s, he worked for Duff & Phelps Credit Rating Co. and Banco Español de Crédito in New York. While living in Spain, he worked for Arthur Andersen & Co. José Ramón holds an MBA from Columbia University in New York and a master’s degree in Economics and Business from Pontificia de Comillas University (ICADE) of Madrid, Spain. He is also a member of the Official Register of Accountants in Spain.

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Robert van den Berg Director GMAC-RFC Nederland BV

Rob has been Director of GMAC-RFC Nederland BV (GMAC Hypotheken) since the beginning of 2001. Prior to joining GMAC, Rob worked for NIB Capital, which he joined in 1988. In 1996, following success in leading the company's aircraft financing efforts, Rob was named managing director of NIB Capital, and was responsible for the establishment and development of its residential mortgage business, NIB Mortgage Backed Assets BV. In this role, he was also in charge of the securitisation of seven Dutch residential mortgage portfolios (Dutch MBS) with a total value in excess of 2 billion euros. Before joining NIB Capital, he spent seven years with ABN Amro. Robert has a bachelor's degree in Mechanical Engineering from the Technical University in Delft and an MBA from Erasmus University in Rotterdam.

Jeroen ("Jerome") van Hessen Head of Structured Finance NIB Capital Bank

Jeroen studied macroeconomics at the University of Rotterdam and Dutch law at the University of Amsterdam. After working for the Boston Consulting Group, he joined Insurer AEGON in the Corporate Strategy Department. He later moved to AEGON's investment bank subsidiary, Labouchere, where he worked in corporate finance. In early 1999 he joined NIB Capital Bank to head up the Bank's Structured Finance Department, where he is responsible for the Mortgage Principal Finance Unit, asset securitisation and new principal finance business. From the beginning, Jeroen has been involved in securitisation in the Netherlands. He has been responsible for the four sequental securitisations of Share Lease receivables (LABS), NIBC's Dutch MBS programme and several other transactions including the recent first-ever International Shipping Loan Securitisation "Latitude Synthetic I".

Han van Wijk Chief Executive Officer Wagner & Partners

Han has been CEO of Wagner & Partners since 2001. After studying economics at the University of Amsterdam (1983), Han joined Postbank, part of the ING Group, assuming several marketing management positions with responsibilities in (international) payment systems, savings and insurance. In 1991 he was appointed to the managing Board of Directors of Nutsspaarbank, a savings & loan bank which became part of Fortis. In 1994 he was appointed managing director of Hypotrust, a start-up venture in the mortgage servicing and distribution business, and developed the company into a relevant market player in the Dutch mortgage sector. Han appears at many mortgage banking seminars and conventions as speaker or moderator. He is married and has three children.

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Arjan Verbeek Vice President / Senior Credit Officer - Structured Finance Group Moody's Investors Service Arjan joined the Structured Finance Group at Moody's Investors Service in March 2000. Currently his areas of responsibilities include Dutch asset-backed transactions, residential mortgages and mortgage bonds in Europe. Before joining the structured finance group, Arjan worked on specialised finance transactions with a Canadian investment bank in London. Arjan has a masterâ&#x20AC;&#x2122;s degree in Econometrics from the University of Tilburg in The Netherlands.

Volker Wagner Client Executive -- Financial Industry / Member of the Board EDS Germany

Volker is the single point of contact for all EDS customers in the financial industry. He has more than 16 years of experience and is well-positioned with extensive knowledge of banking IT. He is a regular industry speaker and contributor to trade publications. Known as an outsourcing expert, his focus is on transaction banking and continuity services. He is an active member of miscellaneous committees in the banking and insurance industries.

Iain Wilcox EMEA Sales Manager Tower Technology

Iain has worked with Tower Technology in various sales and business development roles since late 1995. He is now responsible for the lending operation within Tower, with the objective of developing a pan-European business, built around the principle of Transparent Servicing of Mortgages. Iain has worked in the IT industry since 1988, originally starting working life as a graduate accountant with AT&T. In 1990 Iain moved into a sales role, gaining valuable experience focused on the retail banking and building society sectors of the financial services industry. Joining Tower in 1995, Iain was one of the first members of the newly formed sales team, and was instrumental in the early success of Tower in the U.K. From 1997 to 2000, he was responsible for successfully establishing Towerâ&#x20AC;&#x2122;s sales operations through the EMEA region, developing the French, German, Dutch and South African markets. Iain has accumulated a wealth of knowledge and expertise in the Financial Services industry and the lending sector specifically. He lives in Haddenham, Buckinghamshire, with his partner and two children.

EUROCATALYST 2002 YEARBOOK

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Clive Wood Head of Banking and Mortgages HSBC Bank plc

Clive joined HSBC from university in 1977. He held a number of roles in branch banking before being seconded to the Investment Management Regulatory Organisation (IMRO) in 1986 as personal assistant to the chief executive. He subsequently joined HSBC's investment banking compliance function working with different business units in asset management, venture capital, treasury, offshore and corporate trusteeship. In 1991 he was appointed general manager of HSBC Bank Stockbrokers before establishing HSBC's bancassurance compliance function in 1994. He was appointed head of distribution in 1998. In January 2000 he was appointed head of home buying with specific responsibility for developing and implementing HSBC's mortgage strategy. In July 2001 Clive was appointed head of banking and mortgages, with responsibility for meeting the current account, banking, mortgage and borrowing needs of HSBC's personal customers in the UK. He sits on the Executive Committee of the Council of Mortgage Lenders and the HSBC Personal Banking Management Committee.

Toni Moss Founding Partner EuroCatalyst BV Toni is the Founding Partner of EuroCatalyst BV, a European-based business-tobusiness information services, media and market positioning firm engaged in accelerating cross-border entry and Pan European strategies for companies in mortgage lending, third-party administration, securitisation and related technologies. The firm is the creative force behind the annual EuroCatalyst event, which provides the context for a unified European mortgage industry. Toni has an extremely unique and strong background in corporate intelligence, corporate positioning and strategic marketing, with a wealth of experience in financial services focusing on investment banking, securitisation, mortgage banking, back-office administration and related technologies. Initially a journalist and screenwriter, Toniâ&#x20AC;&#x2122;s career progressed rapidly, as she went from corporate and political speechwriting into corporate intelligence and global trend forecasting. Adept at predicting early trends and market convergence, Toni began creating information strategies for the U.S. banking and financial services industry in the late 1980s. Early companies include I Cubed Information Strategies and Mortgage Analysis Portfolio Strategies (MAPS), the latter of which featured software that became a U.S. industry standard for electronically based mortgage portfolio valuations and the front end of several leading mortgage servicing platforms in the U.S. specialising in non-performing loans. In the mid-'90s Toni worked as an independent consultant identifying acquisition candidates for IPO spinouts and servicer acquisitions or capital investment for Wall Street investment banks including Lehman Brothers. In 1998 Toni became Director of International Business Development for STATER BV, headquartered in The Netherlands. Toni was instrumental in the global branding, market positioning and expansion strategy of STATER as "the EuroServicer".

Shirley Y. Jackson Partner EuroCatalyst BV

Shirley is a full EuroCatalyst Partner, having joined the firm in 2002. Raised in Vancouver, Canada, Shirley has been living and working in Japan for the past 18 years. Most recently the Deputy Managing Editor and Head of Electronic Media for The Japan Times, Shirley has held a variety of positions at the newspaper, including chief of the business and politics news desk, head of the foreign and domestic news desks, and head of the international weekly. She was immortalised (and mortified) as "Sophie, the voluble newsroom ringleader" in the 1994 book "About Face," a sociological examination of business, politics and life in Japan. Shirley studied Middle Eastern Politics at Georgetown University in Washington, D.C. and graduated from the University of British Columbia with a degree in Political Science. She earned a graduate degree in International Relations from Carlton University in Ottawa, Canada. A talented and accomplished musician on piano, cello and flute (simultaneously), Shirley is currently preparing for her debut as conductor of O Solo MIO (The Mortgage Industry Orchestra), featured in the "EuroCML No-Talent Show" which is scheduled to premiere in London next spring at EuropeServicing 2003.

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Angel Alban

Senior Vice President

Balboa Insurance Group, Inc.

Angel is Senior Vice President of Balboa Insurance Group, Inc., a subsidiary of Countrywide Credit Industries, a global financial services company which originates, purchases, securitizes, sells and services home loans. Angel has more than 10 years financial services experience in the United States, U.K. and Europe. He is currently responsible for Balboa s product management and the development of third-party administration sales and services. Before joining Balboa in July 2002, Angel spent three years in England as a lead member of the start-up team and a director of Global Home Loans, a joint venture between Barclays/Woolwich of the U.K. and Countrywide Home Loans of the U.S. Angel was responsible for leading start-up teams for the new venture in operations, new system development & integration, sales & marketing, pricing, service level agreements, due-diligence and securitization services. Angel is an active member of the Mortgage Bankers Association of America.

Andy C. Altena Heinze Chief Executive Officer

KATANA Trading

Degree in Business from Pacific University. Former President and CEO of NBK Bank (Peru), Financial Controller and member of the executive committee of Banco Santander in Peru and Head of Derivative Products for a company belonging to the ABN Amro Bank group in Spain. Has overseen the acquisition, restructuring and repositioning of companies in various economic sectors. At present CEO KATANA Trading in Madrid.

Richard Ambery

Solicitor, Securitisation Group

Dechert

Richard is a partner who joined Dechert in 1998 to head its securitisation group. He has worked on securitisations and repackagings since qualifying as a lawyer. Previously he worked on the asset sales and distribution desk of Security Pacific Hoare Govett prior to its merger with Bank of America. Richard s securitisation and structured repackaging experience encompasses a wide variety of asset classes, including U.S. small business administration loans, Italian regional administration and post-office loans, residential and commercial mortgages and credit-card receivables. Richard graduated from the University of Bristol in 1988 with an honours degree in history. He obtained his CPE and LSF qualifications from The College of Law, London. In December 1988 he passed the General Registered Representative Examination set by The Securities Association. He enjoys food and wine, history, sailing, diving and gardening.

Jacob Andersen Head of Section

Danish Ministry of Economic and Business Affairs Jacob joined the Ministry of Economic and Business Affairs in December 2001, following a spell with GE Capital. He has a master s degree in Business Administration and Commercial Law from the Copenhagen Business School.

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Lukasz W. Bald

President and Chief Executive Officer

GE Bank Mieszkaniowy SA

Prior to joining GE Bank Mieszkaniowy SA in 2000 as President and Chief Executive Officer, Lukasz spent three years working for LG Petro Bank SA as director of retail banking and chief manager for the LG Habitat Mortgage Center, which was responsible for product development, sales, credit risk and loan servicing. From 1995 to 1997, as assistant to the vice president of the Board of PBG Bank SA, Lukasz was responsible for retail and mortgage banking. A graduate of the University of Lódz (Magister - Trade Law), Lukasz also holds an LLM in International Business Law from the University of New York.

Ioan Bejan Senior Advisor

National Housing Agency (Agentia Nationala Pentru Locuinte) As Senior Advisor of the National Housing Agency, Ioan is responsible for development of a national housing policy. He began his professional career as an engineer working for Aerostar, a specialised engine-manufacturing company. A growing interest in economics and finance culminated in a shift to business in 1992, when he was appointed head of the Investments Department and head of the Guarantee Analysis Commission within the Strategy Department of the Moldova Private Ownership Fund II. Five years later, he became advisor to the president of Unirea Commercial Bank S.A. Bucharest, and member of the Board in July 2000. From 1999 to 2001, he was Investment advisor and member of the Board of World Rom Securities S.A. Ioan is a graduate of the Iasi Polytechnic Institute. Ioan recently co-authored with Sergiu Sechelariu, Secretary of State, Ministry of Public Works, Transport and Housing, a book on the importance of a Romanian housing finance system, titled The Mortgage Loan (2002).

Dr. Abedelkader Beltas Chairman and Managing Director

Algerian Mortgage Refinance Corporation Dr. A. Beltas is Chairman and Managing Director of the Algerian Mortgage Refinance Corporation (AMRC), which was created in the mid-'90s with the aim of developing mortgage market in Algeria. Before joining AMRC in 1997, Dr. Beltas was head of the state participation division at the Prime Ministry Office "Premier Ministere"; economic advisor to the Minister of Restructuring and Participation; associate professor of finance at the University of Algiers; and senior lecturer at the University of Central Lancashire, Business School. Dr. Beltas has written numerous articles and books in finance and economics and lately on housing finance. He is supervising a project with the World Bank on developing housing finance market in Algeria. Dr. Beltas is a graduate of the University of Algiers and received a postgraduate degree in operational research from Thames Polytechnic, London; and MBA and M.A. (economics) from the Universite Laval and a PhD from the University of Manchester Institute of Science and Technology.

Kamel Ben Salah Partner, Banking and Finance

Gide Loyrette Nouel

Kamel Ben Salah is in charge of the structured and acquisition finance group at Gide Loyrette Nouel, which assists clients in structuring, documenting and negotiating sophisticated transactions. His expertise includes asset financing, real estate financing and refinancing, off-balance sheet financing transactions and receivables financing. Kamel Ben Salah acted as counsel of banking syndicates in connection with the most important corporate financing transaction of the last year in the sector of telecommunications. Kamel Ben Salah also acted as counsel for the first refinancing in France of a major real estate financial leasing company by way of securitisation through the "Antichrese" mechanism. In the field of real estate, he also acted in the most important recent transactions in the Paris market for structuring and documenting off balance and leveraged structured financings. Kamel Ben Salah joined the firm in 1982 and became a partner in 1993. He was admitted to the Tunis Bar in 1985 and to the Paris Bar in 1992.

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Finn Berg

Head of Global Institutional Sales

Nykredit Markets

Finn is Head of Global Institutional Sales at Nykredit Markets, which he joined in 1998. He is responsible for sales and investment advice, primarily in the area of Danish mortgage and government bonds, but also with regard to credit bonds and swaps. He has been a sales/investment advisor since 1987, when he began working with SDS Borsmaglerselskab. Nykredit Markets is a dedicated investment bank in the Nykredit Group with a corporate mission targeted at professional market players within the areas of fixed income, equity trading and asset management. Nykredit Bank/Markets is a wholly owned subsidiary of Nykredit A/S, one of Denmark's leading financial institutions and one of the largest private bond issuers in Europe. Nykredit has issued mortgage bonds since 1851. The total outstanding amount of bonds stood at DKK 467 billion at the end of 2001.

Joanne Berkowitz

Vice President, Risk Management, International and Strategic Investments

PMI Mortgage Insurance

Joanne is responsible for overseeing risk management for PMIÂ&#x2019;s international and strategic investment activities. This includes developing and recommending risk management policies, evaluating the risk in potential insurance or investment opportunities, evaluating and monitoring the markets and economies where PMI currently operates or which are being considered for expansion. Prior to her current role Joanne served as senior vice president overseeing risk management and underwriting for U.S. mortgage insurance operations. Joanne began her career with PMI in 1983. She has held various underwriting and marketing positions both in the field and the corporate headquarters. A graduate of the University of Colorado, Boulder, Joanne holds a B.A. in Sociology and Psychology. Joanne is a member of the Board of Directors for Standard Permanent Lenders MIC and Western Lenders MIC Ltd.

Anthony Berris President

Tuttle Risk Management Services Prior to joining Tuttle, Anthony worked in a variety of capacities in the mortgage industry with an emphasis on secondary marketing. Previous employers include Weyerhaeuser Mortgage Co., Columbia Savings and Loan Association, Western Bank Mortgage Co. and Victoria Mortgage Corp. Since joining Tuttle and its predecessor organizations in 1997, he has held product manager roles for Tuttle Decision System's Lock Point Xtra and Gold Cash Xtra programs. In addition, held the title vice president, director hedging activities and was responsible for all day-to-day risk management activities, managing all trade desk personnel, and directing trade desk personnel in the delivery of Tuttle risk products. Anthony has been published in Mortgage Banking Magazine (June 2001) and Secondary Marketing Executive. He holds a B.A. in English Literature from the University of California at Los Angeles and an MBA degree in Corporate Finance from the University of Southern California.

Jackie Blankenship Vice President

Countrywide Consulting Jackie is Vice President responsible for global markets development for Countrywide International Consulting Services. She has more than six years of professional experience in housing finance with proven research, analytical, project and relationship management skills. In her current capacity, she is involved in bringing CountrywideÂ&#x2019;s expertise in mortgage origination, servicing, securitisation, technology and training to clients and market participants in Asia. Her main efforts in this area includes establishing business and operational framework for a secondary mortgage corporation in Korea and delivering loan servicing expertise to a large bank in Japan, and conducting an operational review of a mortgage banker in Korea. She is also spearheading the efforts in developing training programs for mortgage banking professionals worldwide and initiates business development activities for the Global Markets Group. Prior to joining Countrywide in 1996, she worked at Citizen Watch Co. and Higgins, Marcus & Lovett. She holds an MBA from Pepperdine University with an emphasis in finance.

EUROCATALYST 2002 YEARBOOK

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Kjeld J Boerendonk Sales and Marketing Director

PROMMISE

After finishing his M.A. Kjeld started as a fixed income portfolio manager at the Allianz subsidiary Royal Nederland. During this period he was involved in the start of the Dutch securitisation market. He completed further financial analyst studies in 2000 (RBA). In 2000 Kjeld was also seconded to AGF in Paris. In September 2002 he took up a new position as sales and marketing director at PROMMISE, the Dutch-based mortgage portfolio advisor and software provider.

David Botting

Director of Client Management

GE Mortgage Insurance

In his role as Director of Client Management, David is responsible for sales, operations and account management for the UK and Ireland platforms. David has been involved in mortgage lending for over 20 years, including 14 years with one of the UK's Top 10 plcs. David joined GE Mortgage Insurance as its first employee in January 1995 and been responsible for many aspects of its growth from a "Greenfield site". He is a Fellow of the Chartered Institute of Bankers and a member of the GE Mortgage Insurance Board of Directors.

Carmelo Bramante

Director of eMortgage, E-Business Division Fannie Mae

Carmen has been with Fannie Mae for approximately 15 years. He has held a number of positions in the area of mortgage loan servicing and operations for Fannie Mae's loan portfolio and mortgage-backed security products, including the functional areas of asset acquisitions, mortgage custody, loan payoffs and liquidations. Carmen also has worked in the company's Credit Policy division developing mortgage-servicing policy in the areas of loan default and loss mitigation, foreclosures and delinquent loan management (both portfolio and MBS). In his current position in the E-Business Division, Carmen is responsible for developing technology-based business solutions in the new and evolving area of originating and servicing eMortgages. This work includes expanding the use of electronic documents and signatures in mortgage loan or real estate-related transactions, and overall advancing electronic commerce in the mortgage finance industry. Carmen sits on a number of State task forces working to implement the electronic recording of real estate documents

Robert D. Carney Director

Financial Security Assurance

Robert participates in the underwriting and structuring of funded and unfunded guaranteed asset-backed and mortgage-backed securities, as well as other structured financings, throughout the UK and continental Europe. He was previously a vice president in the Global Asset-Backed Securitization Group of Bank of America. Based in London and Chicago, he was responsible for managing transaction teams that originated, structured and syndicated a wide range of securitisations and structured financings. His experience includes consumer ABS, residential and commercial MBS, collateralised debt obligations, securitisation of trade and other corporate receivables, aircraft finance and lease finance. Robert began his career as a certified public accountant at Coopers & Lybrand. He holds a degree in Accounting from Villanova University and an MBA in Finance and Economics from the University of Chicago.

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Jeff R. Cashmer

Vice President, Product Development

Radian Guaranty Inc.

As Vice President, Product Development, Jeff is responsible for generating, analyzing and implementing new products and programs for Radian Guaranty, Radian Insurance and Radian Express, as well as maintaining business relationships with several Radian clients. Before joining Radian, Jeff was a project director at Radian's predecessor company, Amerin Guaranty. Prior to that he spent over five years at Household International in various marketing and operations positions. Jeff received his bachelor's degree in finance from Illinois State University in Normal, Illinois, and received his MBA in marketing from Depaul University's Kellstadt Graduate School of Business in Chicago, Illinois.

Aidan Clarke

Managing Director, Home Mortgages

AIB Bank

Aidan is responsible for AIB's mortgage activities in the Republic of Ireland. Ireland has enjoyed boom times in recent years and mortgages have been a significant growth area for the bank. Aidan is a career banker who joined AIB in 1972. Initially working in the retail bank, he moved from managing a High Street Branch to the Motor/Machinery and Equipment Leasing Division in 1992 and assumed responsibility for mortgages in 1997. Aidan is a graduate of Trinity College Dublin (MSC Management) and the Institute of Bankers in Ireland.

Adrian Cobb

Vice President and Managing Director for EMEA Operations

Tower Technology

Adrian joined Tower Technology in April 1998, and currently holds the position of vice president and managing director for EMEA operations. Adrian s goal is to take EMEA operations forward to become one of the leading solutions providers in the document and content management space for the whole region, growing the business to a £30m plus operation by 2003. Adrian has worked in the IT industry for 23 years in development, systems design, IT management and consultancy. Prior to Tower Technology, Adrian worked at ICL for 14 years in a series of positions including service delivery manager, sales consultant and sales manager. Adrian played a key role in establishing ICL s document management business and then assumed responsibility for the company s UK sales. Before ICL, Adrian was a freelance computer systems consultant, following a series of positions in IT management with various organisations. He has two children and divides his time between homes in Yorkshire and Buckinghamshire.

Neil Copland Head of Operations,

EBS Building Society Neil Copland joined EBS in May 2002, from first-e Bancorp plc where he was general manager, European Operations. Prior to that, he spent 10 years with NatWest Bank in London in a variety of strategy, marketing, operations and senior leadership roles. A graduate of Manchester University, he commenced his banking career with Standard Chartered Bank, where he held a number of positions in the group s retail banking operations in Europe, Middle East and Asia. EBS is a mutual organisation committed to providing long-term fair value to its members. Improving its capability to do so in an increasingly commoditised industry represents the biggest single strategic challenge facing management

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Angela Davies Director of Operations

Southern Pacific Mortgage Limited Angela joined SPML in 1996 as a founder member and has guided SPML's operations through a period of rapid growth to the current level of over 170 employees occupying offices in both Kensington High Street and High Wycombe. She has extensive consulting and operational experience in the UK mortgage sector, specialising in the development of project management systems to improve operational efficiency, service standards, staff education and training. Angela has over 20 years' experience in UK financial institutions including First Mortgage Group, Citibank and The Mortgage Corporation

Sandra De Sutter

Assistant to the Secretary General

European Mortgage Federation Sandra is the Assistant to the Secretary General of the European Mortgage Federation, which she joined in 2002. The Federation is the leading association representing the mortgage industry at European level. Its members have granted more than 70 percent EuropeÂ&#x2019;s outstanding mortgage loans. Sandra is in charge of the administration of the Secretariat. In this capacity she assists the secretary general in the daily management of the Federation. Sandra is a graduate of German and Russian translation and of Political Sciences, specialising in international relations and international law. Before joining the EMF, she was the treasurer in the Belgian division of an American pharmaceutical company for two years.

Andy Dewar

Strategy Manager, Executive Team

Standard Life Bank

Andy has been working in financial services since 1975 in a variety of executive and senior management roles. He joined Standard Life Bank, based in Edinburgh, in February 2000 and is a member of the bank's Executive Team with specific responsibility for strategic planning.

Timothy B. Elliot

Director of International Housing Finance

CMHC International

As Director of International Housing Finance, Tim Elliot heads CMHC International's Consulting Services. Canada Mortgage and Housing Corporation (CMHC) is the government of Canada's national housing agency, and today CMHC's housing finance products are operated commercially. Tim is an expert in housing finance, mortgage insurance and in adapting mortgage insurance models to emerging mortgage markets. He has worked with lenders and governments in Asia, Central and Eastern Europe, and the Middle East, addressing a wide range of housing finance challenges. He is an international consultant and advisor on mortgage (default) insurance; housing finance; strategic planning; as well as business planning and institutional development. Tim has held several positions within CMHC's Mortgage Insurance, Research and International divisions. He received his M.A. degree in Economics from Queen's University in Kingston, Ontario.

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Debra L. Erb President

Mortgage Finance International Debra Erb is President of Mortgage Finance International, a boutique consulting company that works with all aspects of mortgage finance in emerging markets. She is also Chairman of the Board of Societas - International Institute for Real Estate Finance, a nonprofit organization based in Washington, DC. In her 24-year banking and association management career, she has held senior management positions at all types of financial institutions and has direct experience in most aspects of mortgage finance. She has been involved in the international markets since 1996. She has eight years' nonprofit management experience, with the Mortgage Bankers Association of America and Societas. She is an active member of the international mortgage finance community, and participates in numerous bilateral and international initiatives to develop mortgage finance solutions in developing countries. She holds a masterÂ&#x2019;s degree in Public Administration from George Mason University.

Don Erb

Director of Finance

KSI Services, Inc. Don has more than 30 years of experience in the real estate industry in the United States. During that time he has been instrumental in arranging over $2.5 billion in financing for residential and commercial properties, including planned residential communities, multifamily properties, office buildings, shopping centres, industrial properties and hotels and motels. Currently, Don is Director of Finance for KSI Services, Inc., the largest developer of residential land and multifamily properties in the Washington, DC, metropolitan area. In the last three years he has arranged over $250 million in debt and equity financing for KSI. In addition to his duties at KSI, Don as managing member of Station Capital, which provides investment services related to the acquisition of noninvestment grade tranches of commercial mortgage-backed securities in the United States. Don holds a Bachelor of Science degree in Business Administration from the University of North Carolina and an MBA from the University of Georgia.

Giorgio Favro

Strategic Marketing Manager

Banca Lombarda

As Strategic Marketing Manager, Giorgio is in charge of the management of business development for Banca LombardaÂ&#x2019;s mortgage product, including its retail marketing, virtual bank activity, financial promotion network and Banca Lombarda Point, as well as commercial communications. His previous experience includes seven years at Bank Woolwich Italy, where he was responsible for trade and distribution channels; the development of mortgage and insurance products; and treasury activity, funding and hedging strategy. He also spent seven years as financial controller at Gervais Danone.

Tim Fletcher

Sales and Marketing Director

Homeloan Management Limited Tim joined HML as Sales & Marketing Director in March 2001. Tim's career to date has included Directorship of Bradford & Bingley Homeloans Limited, Bradford & Bingley Mortgage Management Limited and Leamington Mortgage Corporation, together with membership in the society's Core Mutual Board and Lending Board and its associated subsidiary committees. Tim spent 20 years with Bradford & Bingley, where he had a highly successful career, culminating in his last appointment as director of mortgage portfolios. Tim is a graduate of Durham University with a B.Sc in Mathematics.

EUROCATALYST 2002 YEARBOOK

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Craig Focardi Senior Analyst

TowerGroup

Craig Focardi is a Senior Analyst for TowerGroup, a financial services technology research and advisory firm with offices in Boston, New York and London. Craig's research covers mortgage origination, secondary marketing, loan servicing and collections technology in the North American and European mortgage markets. He advises firms on technology trends, product strategies, and vendor selection. Craig also writes a quarterly column and feature articles for Mortgage Banking, the U.S. mortgage bankers trade association monthly magazine. Prior to joining TowerGroup, Craig led the marketing departments of two risk management technology vendors, was vicepresident of marketing for Indy Mac Bank, and held management positions in strategic planning and product development for PMI Mortgage Insurance Co. Craig holds an M.A. in Applied Economics from the University of San Francisco, and a BS in Business Economics from the State University of New York at Oneonta. Craig also attended Schiller University in Heidelberg.

Antonio Fuentes

Business Analyst - Spain & Portugal

GE Mortgage Insurance

Antonio is responsible for monitoring and analysing data/information from lenders, deals and markets to support Risk/Audit/Finance departments, participating also in the preparation of deal business proposals. Antonio graduated from University Carlos III of Madrid in Business & Economics. He finished his studies in Aarhus School of Business (Denmark) and also obtained a Specialization in International Relations & Businesses from the Stock Exchange Studies Institute, in Madrid. In 2000 Antonio joined GE Real Estate, working as financial analyst within the Business Development department, where he carried out deal analysis and financial modelling specific to proposed transactions, including due diligence completion, managing existing deal flow and ongoing market analysis. In July 2002, Antonio joined GE Mortgage Insurance as Business Analyst.

Priscilla Gaudoin Research Analyst

GE Mortgage Insurance

Priscilla joined GE in 1997 and has held roles in GEÂ&#x2019;s Consumer Finance business within business development, compliance and regulatory affairs from a European and global perspective. She transferred to GE Mortgage Insurance in 2001 where she is responsible for the creation and development of GEMI EuropeÂ&#x2019;s research database, the European news portal and for the collation & analysis of data relating to the European mortgage market and its key players. Priscilla holds a degree in Administration Management. She is currently studying for an M.A. in International Business Management and is a member of the Institute of Administrative Management.

Jeffrey Gawley

Vice President and Country Manager

Baltic-American Enterprise Fund

Jeff has held of position of Vice President and Country Manager for the Baltic-American Enterprise Fund since 1998. As head of the representative office for the $50 million U.S. government-sponsored enterprise fund engaged in private equity financing, residential mortgage lending and real estate development in the Baltics, Jeff is responsible for origination and development of new business opportunities, management of existing portfolio clients, and maintaining relations with government officials. He identified and executed the first BalAEF venture capital investment, implemented the first 20-year mortgage facility in Lithuania and successfully lobbied the Lithuanian Parliament to amend legislation enabling BalAEF to resume its commercial lending activities. Prior to his current position, Jeff was a business planning and financial consultant for the Cornell Capital Group on contractual assignment to the BalAEF in Tallinn, Estonia.

EUROCATALYST 2002 YEARBOOK

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2002

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John N. Geddes

Vice President, Business Development

MacDonald Dettwiler

As Vice President of Business Development for MacDonald Dettwiler, John is responsible for developing new business ventures and in addition has specific business management responsibilities for MacDonald Dettwiler's e-commerce ventures in the United States and in the United Kingdom. He has lead MacDonald Dettwiler's information services development and has a solid understanding of the information processes supporting mortgage origination and servicing in a variety of geographic markets. An engineer by training, during his career John has worked on programs serving the communications, transportation and financial/legal markets. As a member of the MacDonald Dettwiler senior management team, he has successfully established new businesses in a variety of markets including environmental management, mapping, land management, and most recently B2B e-commerce providing property-related information services to financial and legal sectors.

Mark Gibbard Finance Director

Cheltenham & Gloucester Mark joined C&G s Treasury Department in 1987 from a major UK accountancy and audit firm. In 1992 he was appointed to the position of assistant treasurer and became treasurer the following year. 1995 saw Mark s first executive appointment as general manager (treasury & investments). Mark was appointed Finance Director in 1997 with responsibility for treasury (cash flow management, wholesale funding from Lloyds TSB Group and hedging activity for capped and fixed rate mortgages), investments (the administration of all retail deposit activity), strategy (general planning and specific projects), accounts (regulatory reporting, taxation, production of management and financial accounts) and systems (planning systems development and infrastructure). Mark s outside interests include activities with his family, gardening, DIY and watching sports. Mark is married to Claire and has two sons.

John Gill

Finance Director

Standard Life Bank John Gill is Finance Director of Standard Life Bank, the telephone and internet bank with 6 billion pounds of mortgages and 4.5 billion pounds of retail deposits. He joined Standard Life Group in 1986 and qualified as an actuary in 1990. He has fulfilled a wide variety of roles for Standard Life both in the UK and internationally

Manuel González Escudero Manager

Titulización de Activos, SGFT

As manager of Titulización de Activos, Manuel has been involved with several MBS and CLO deals with innovative structures in the Spanish market. Before joining TdA, he worked for Banesto, first in the legal department of its mortgage-lending subsidiary and then as head of the main headquarters of the bank s mortgage-lending department. In that capacity, he designed and coordinated all aspects of the bank s loan origination process throughout Spain, dealing with all 2,500 branches of the bank. Manuel, who has a Bachelor of Law and Economics degree from the Universidad Pontificia Comillas (ICADE) in Madrid, also teaches banking and finance at Centro Universitario Villanueva in Madrid. He is married and has a 2-year-old daughter. His hobbies include reading and sports (golf and tennis).

EUROCATALYST 2002 YEARBOOK

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2002

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everybody wins

Paul Gosling

Head of Business Processing Outsourcing Services, Europe

Unisys

Paul has held senior sale, marketing and operation roles in the chemical, automotive and IT industries. He has been associated with Unisys business process outsourcing initiatives for more than five years and works with the Unisys ventures in cheque clearing and life and pensions administration. He has worked in the retail banking sector for 10 years and currently heads up the Unisys Enterprise Managed Services business in Europe. He holds an MBA from the University of Manchester Business School.

Martin Gregersen

Economist, Funding & Markets, Funding Innovation

Realkredit Danmark A/S

Martin joined Realkredit Danmark A/S this year, after receiving a MSc degree in Economics from the University of Copenhagen. He is an economist in the Funding & Markets and Funding Innovation departments at Realkredit.

EUROCATALYST 2002 YEARBOOK

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2002

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Angel Herrero

Customer Relations Manager Â&#x2013; Spain

GE Mortgage Insurance

Angel recently joined GE Mortgage Insurance in Spain as the Customer Relations Manager after six years with Banco Pastor S.A., an independent Spanish national bank. His last role at Banco Pastor was assistant regional manager for the central area of Spain. Angel has vast banking experience and has held various positions within the bank ranging from personal and small-business manager to risk analyst, risk controller and finally as business account manager. Angel was born in Madrid and is a graduate in Business Studies from the Universidad Complutense of Madrid.

Sven Holm

Chairman of the Executive Board and Chief Executive Officer

Realkredit Danmark A/S

In addition to his position as Chairman of the Executive Board and Chief Executive Officer of Realkredit Danmark A/S, Sven is Chairman of RealkreditrĂĽdet (Association of Danish Mortgage Banks) and a Director of Kreditforeningen Danmarks Pensionsafviklingskasse. He is also Director of Realkreditnettet A/S (since January 10, 2002) and Chairman of the Board of home a/s (since July 1, 2002).

Robert H. Hosch, Jr. Partner

Butler & Hosch, P.A. Robert was admitted to practice and joined the firm in 1988. He became a partner in 1993. His expertise is in the area of commercial litigation, foreclosure, title insurance defence and surrounding areas of litigation. He has also handled appellate work and prevailed in appeals before Fifth District Court of Appeals. He has successfully argued before the Supreme Court of Florida and is also admitted to practice in the 11th Federal District Court. He has a B.A. in Political Science with a Minor in Business Administration from the University of Central Florida, a Juris Doctorate from the Stetson University College of Law. He is a member of the Florida Bar Association; the Orange County Bar Association; the American Bar Association; the Young Lawyers' Division, Orange County Bar; the Real Property-Probate Section, Florida Bar; the Real Property-Trust Division, American Bar; the Mortgage Bankers Association (National); the Mortgage Brokers Association, (State); and the Middle District of Florida, Federal District Court.

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2002

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Brian Hurley

Senior Vice President-International

GE Mortgage Insurance

Brian Hurley is Senior Vice President - International at GE Mortgage. In this capacity he is responsible for all mortgage-related activities outside the United States. He is also responsible for all business development outside of the U.S. Brian began his career with GE in 1981, joining GE Power Systems as a member of the companyÂ&#x2019;s Financial Management Program. In 1984, he joined GE Aircraft Engines and spent three years in various financial positions. After GE's acquisition of RCA, Brian joined the NBC Corporate Staff as manager of capital planning. During his four years at NBC, he assumed increasing levels of responsibility including director of international finance and enterprise operations. In 1991, Brian joined GE Mortgage Insurance as chief financial officer. Brian is chairman of the Supervisory Board of GE Housing Bank (Poland), director of GE Mortgage Insurance Limited (UK), director of GE Capital Mortgage Insurance Corporation (Australia), and director of GE Capital Mortgage Insurance Company (Canada).

Julia (McAllister) Jepps

Commercial and Corporate Events Manager

Council of Mortgage Lenders (UK)

As Commercial and Corporate Events Manager for the CML, Julia is responsible for all the CML's activities including events including the Annual Conference, publications and commercial partnerships. Before joining the CML, her background was in international events with IBC and then the Daily Mail Business Media Group, with over 17 years of events experience. In her spare time, Julia deals in antiques, races and shows her dogs and spends time with her family. Lenders and suppliers interested in the CML's programme of events and activities, whether as delegates, exhibitors or sponsors can contact her at the CML.

Kevin Johnson

Head of Residential Mortgage Business

EBS Building Society

Kevin has held several senior management positions over the course of his 22-year career with EBS, in areas including customer service, direct sales, mortgage & administration and insurance business. In his current role as Head of Residential Mortgage Business, he is responsible for the business management and financial performance of new and existing mortgage and insurance customer relationships. EBS is a mutual organisation committed to providing long-term fair value to its members. Improving its capability to do so in an increasingly commoditised industry represents the biggest single strategic challenge facing management.

Ewald Jozefzoon

Director of Corporate Marketing

STATER NV

Ewald, the Director of Corporate Marketing at STATER NV, has more than 12 years of international marketing experience. He has held several marketing management positions working for companies such as Mead Corporation (in its Paris-based division), and the Dutch-based firms Info'Products Europe and Chello Broadband NV. Ewald graduated from the American Graduate School of International Management - Thunderbird, in Glendale, Arizona, with a masterÂ&#x2019;s degree in international management.

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2002

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Peter Keane

Director of Business Development

Fiserv CBS International

Peter has been Director of Business Development for Fiserv CBS International for five years, providing his industry and implementation background to create key business partnerships with Fiserv s most innovative customers, as well as providing the European marketplace perspective for the group s product strategy. With responsibility for the marketplace development of the CBS division s suite of products within Europe, Peter is currently leading the initiative to further expand Fiserv s mortgage solution within the pan-European market. In addition to his responsibilities, he also sits on the CBS International product strategy board. A graduate of the University of Adelaide in Computer Science, he has 29 years experience in the IT industry, with the last 18 years being dedicated to the retail banking industry in Europe. Peter joined Fiserv Europe 14 years ago as the project manager for their first European client, HFC Bank in the U.K.

Fredrick M. Kerr Executive Chairman

London & European Title Insurance Services Limited

Fred received his BBA degree in 1967 and his LLB / JD in 1970. He practiced law in the United States until opening his London office in 1983 specialising in real property-related transactions. He served as general counsel to an American title insurance company in London from 1987-1989 and was of counsel to a Spanish law firm in Madrid from 1990-1992. Fred is admitted to the California, Florida, and Washington, D.C. Bar Associations, as well as the Law Society of England & Wales as an overseas lawyer. Fred founded London & European Title Insurance Services Limited in 1994; he is a member of the International Development Committee of the American Land Title Association and is a partner in the Reading (London) law firm of Beresford Kerr Solicitors. He is also President of L&E Titre de Propriete (France), L&E Proteccion de la Propiedad (Spain), L&E Tutela Immobiliare S.r.l (Italy) and April Hispania.

Rama Kunapuli Principal

Entys Inc. Rama is a cofounder of Entys Inc., a multi million dollar knowledge management company with global presence. He has over 15 years experience in client-server technologies, object-oriented technologies, distributed computing and application of heuristics for combinatorial problems. He has deep expertise in product development, implementation and IT strategy. With an MBA in systems and finance from the Indian Institute of Management (IIM) Bangalore, India, and a master s degree in Modeling and Simulation, Rama is deeply interested in financial modeling, optimization and application of statistical methods and developing new products for the financial industry.

Annik Lambert

Deputy Secretary General

European Mortgage Federation Annik is the Deputy Secretary General of the European Mortgage Federation, which she joined in 1992. The Federation is the leading association representing the mortgage industry at European level. Its members have granted more than 70 percent Europe s outstanding mortgage loans. Annik is in charge of Legal Affairs and issues relating to the capital market and mortgage bonds. In this capacity she represents the Federation in its contacts with the EU institutions and covers all EU affairs that potentially impact the mortgage credit industry. She was the EMF s main negotiator in the dialogue with the consumers leading to the conclusion of a European code of conduct for home loans. Annick is qualified as a lawyer and has a master s degree in financial law in Belgium. Before joining the EMF, she was a barrister in Brussels for six years and legal adviser to the board of a private company for four years.

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Joe Larkin

Managing Director

Bank of Ireland Group Joe is Managing Director of Bank of Ireland Group Mortgages and ICS Building Society combined. They are the leading providers of new mortgages in the Republic of Ireland, and currently hold over 26% market share of new mortgages. Within this role Joe operates a multichannel, multibrand approach to the Irish mortgage market. The three brands comprise Bank of Ireland, ICS Building Society and The Mortgage Store. Joe joined the Bank of Ireland Group in 1974. He has an extensive range of banking experience having held a number of senior positions in the Group. He commenced his career in retail banking, becoming branch manager in 1986. He moved from there to become area planning and marketing manager, area operations manager, and most recently held the position of retail transformation director for the Bank of Ireland Group. Joe is married and has three children aged 19, 16 and 10.

Robert Lee

Vice President, Global Mortgage Lending

GE Consumer Finance

Robert is responsible for all global mortgage lending activities for General Electric Consumer Finance (GECF). GECF currently has over $70 billion in assets and will deliver more than $1.9 billion in net income to the General Electric Company. Robert has more than 20 years experience in all facets of mortgage lending. He has been with GE for six years. Prior to assuming his current responsibilities, he served as CEO of GE Housing Bank in Warsaw, Poland. He was a senior VP, Western Retail Division with Countrywide Home Loans, and senior VP of secondary marketing with Shearson Lehman Mortgage.

Olivier Lendrevie Associate

GMAC-RFC Europe Ltd Olivier Lendrevie has worked in international finance since 1993. He took on a number of assignments with French banks, ranging from corporate lending to retail banking in France and the United States. Olivier joined GMAC Residential Funding Corporation in January 2000. As an associate within the Strategy & Investments Group, he is responsible for the development of GMAC-RFC s business in Europe. In this role, he was involved in launching a new business in the Netherlands, as well as carrying out acquisitions in the UK, Germany and France. Olivier is a graduate of H.E.C. in Paris.

Hélène Lefebvre

Associate, Finance/Project Finance

Gide Loyrette Nouel

Hélène is an associate in the finance/project finance department of Gide Loyrette Nouel, in the structured finance and corporate finance team of the firm. She advises clients (mainly banks) on structured real estate finance transactions. She regularly advises arrangers and banks for the setting up of structured finance transactions in the real estate field : these transactions involve the financing of isolated real estate assets (in Paris and in the near Parisian outskirts) or the financing of real estate asset portfolios such as the Peugeot portfolio acquired by Whitehall. She has been legal counsel and associate at Gide Loyrette Nouel since 1996 and a member of the Paris Bar since 1997.

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C. Gunnar Lindh Managing Director

PMI Europe

In his position, Gunnar is responsible for the sales and marketing of PMI's insurance products to customers in Europe. Gunnar heads the marketing office based in London. Gunnar brings over 30 years of European financial experience to PMI's management group, including specialized knowledge of structured finance transactions and mortgagerelated insurance experience. Gunnar joined PMI in 2000 to assist with PMI's entry into the European mortgage insurance market. Prior to joining PMI, he was a director in the brokerage area at Aon Capital Markets/Special Risk Services, and was president and CEO of International Credit Insurance Corporation, a specialized trade credit, surety and financial guarantee insurer. He also was with Trygg-Hansa Group developing reinsurance of trade credit, surety and financial guarantee business. Gunnar holds degrees in civil economics and finance from The Stockholm School of Economics in Sweden.

David Liu

Vice President, International Markets

PMI Group

In his position, David shares responsibility for the development and implementation of PMI's international strategy. David overseas operations in Asia and leads efforts to expand into new markets. He also coordinates all Home Office activity that supports international operations. David joined PMI in 1987 and has held various positions in the finance department until 1998 when David shifted his focus to strategic development activities. He has an MBA from the University of California at Berkeley, where he also completed his B.Sc in Business Administration. David serves on the Board of Directors for PMI Mortgage Insurance Company Limited ("PMI Europe") and PMI Insurance Services Limited ("PMI Services").

Carsten Tirsbaek Madsen CFO, Senior Executive Officer

BRFkredit

Carsten has been Chief Financial Officer of BRFKredit since January 2001. His board responsibilities include treasure, funding, investor relations, ratings; accounting; budgets; mortgage administration; product innovation; and process and programme management. BRFkredit is Denmark s third largest mortgage bank, with a lending portfolio of DKK 130 billion (euro 17 billion). Carsten is also a member of the Board of Directors at BRFbank, Ejendomsselskabet Norreport (a property company) and Realkreditrådet (Association of Danish Mortgage Banks). He is also a member of the Danish Securities Council. Carsten has a master s degree in political science from the University of Aarhus. His studies included curricula activities at the University of Essex in the UK and The American University in Washington, DC.

Luke March

Chief Executive Mortgage Code Compliance Board (U.K.) Born in Utrecht, The Netherlands, Luke March was educated at Durham University where he read Law. In 1980 he joined TSB, becoming compliance director in 1992, and then company secretary and a director in 1994. In May 1996, he was appointed as the first compliance director of BT, becoming corporate governance director in 1998. In 2000, he was appointed Chief Executive of the Mortgage Code Compliance Board. He is director of the Barts and The London NHS Trust, chairman of the CAB Charitable Trust, and a director of the Financial Services Compensation Scheme.

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Joseph Mastromarino Vice President

ACE Capital Re International Ltd.

Joe joined Capital Reinsurance Corporation in 1997 to assist in the underwriting of mortgage guarantee risks and financial modelling. He transferred to ACE Capital Re and relocated to Bermuda in October 2000 to assist in the development of the Bermuda office. He is responsible for the international mortgage (re)insurance and capital markets business as well as structured and alternative risk transfer products relating to residential real estate. Joe has also worked for KPMG and First Bank of the Americas where he was accounting manager, responsible for financial and regulatory reporting.

Michael L. Mayer

Vice President, Mortgage Markets Group

Wells Fargo Bank

Michael is responsible for overseeing all sales and business development efforts pertaining to the residential, commercial, subprime, home equity, collateralised debt obligations and international securitisation markets. Michael heads the efforts to develop and maintain business relationships for the company's mortgage securities administration services through working closely with investment banking houses, mortgage companies, trustees, legal counsels and other key players involved in the secondary market for mortgage loans and other mortgage-like assets. Michael is also tasked with identifying and pursuing new market niches to generate future growth opportunities for the division. Prior to his business development role, Michael worked in various supervisory and operation roles for the company beginning in 1987. Michael graduated from the University of Maryland with an MBA. He received his Bachelor of Science degree in Business Administration from the University of Southern California.

Alan McDonnell Founding Director

Songfield Consulting Alan is a Founding Director of Songfield Consulting based in Dublin, Alan heads up the Songfield Mortgage Services practice and counts the leading Irish lenders amongst his clients. Before entering consulting he worked as a senior business executive in banking with extensive experience of the domestic, U.S. and European mortgage industry. Since founding Songfield in 2001, he has delivered strategic business development projects for both indigenous and multi-national corporations with expansion ambitions in the Irish and European mortgage markets. Songfield Mortgage Services also specialises in facilitating international financial services companies in locating a European base in Ireland's attractive tax and legislative jurisdiction.

Patrick Â&#x201C;PaddyÂ&#x201D; McEvoy Chairman

IIB Bank Ltd Prior to becoming Chairman of IIB Bank Ltd. in 1995, Paddy was chief executive of the bank from its foundation in 1973. Earlier, he was chief corporate accounts manager for the Bank of Ireland, responsible for the European division. He has also served as president of the Irish Bankers Federation and on the board of Federation Bancaire and the Association for the Monetary Union of Europe. He is currently also chairman of IIB Homeloans Ltd., one of the leading providers of residential mortgages in the Irish marketplace, and chairman of KBC Finance Ireland, which is responsible within the international network of KBC Bank for project finance, aerospace and shipping finance businesses globally. Paddy has a Bachelor of Commerce degree from University College Dublin and an MBA from the Harvard Business School. He is married with two sons.

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Ted McGovern

Director and Chief Executive

EBS Building Society

Ted McGovern joined EBS in October 2000 as Chief Executive Designate, becoming Chief Executive in January 2001. Prior to joining EBS he spent 15 years in Bank of Ireland Group in a variety of marketing, strategy and business leadership positions, most recently as general manager of the group s mortgage business in Ireland. A chartered accountant by profession, he commenced his banking career with First National Bank of Chicago. EBS is a mutual organisation committed to providing longterm fair value to its members. Improving its capability to do so in an increasingly commoditised industry represents the biggest single strategic challenge facing management.

Sabrina Miehs

Analyst, Structured Finance Europe

Standard & Poor s

Sabrina Miehs is an Analyst with Standard & Poor s Structured Finance Ratings group in Europe and is based in Frankfurt. Since joining Standard & Poor s in February 2002, she has been involved in synthetic RMBS, CLO and CP transactions. Prior to joining Standard & Poor s, Sabrina worked for two years at BHF-Bank AG, Frankfurt. At BHFBank AG she was responsible for the analysis and credit administration of Structured Export Finance Transactions. Sabrina holds a degree in Economics (BWL) of the private Hochschule für Bankwirtschaft, Frankfurt. She reports to Torsten Althaus, Director responsible for Standard & Poor s Structured Finance activity in Germany.

Martin Migliara

Managing Director -- F.A.S.T.

Bear Stearns International Martin, who is Managing Director of the Financial Analytics and Structured Transactions Group at Bear Stearns International, has 10 years of experience in the securitisation arena with Bear Stearns. He led the non-agency structuring effort at Bear Stearns New York office for nine years. His responsibilities included structuring, purchasing, hedging and marketing mortgages, mortgage-backed securities and other credit-related ABS products. For the past year Martin has run the ABS structuring effort in Europe.

Tony Moroney Director

Bank of Ireland Group Mortgages Tony Moroney is a Director of Bank of Ireland Group Mortgages. They are the leading providers of new mortgages in the republic of Ireland. They currently hold over 26% market share of new mortgages, supplying one in four of all mortgages in the country. Tony is responsible for a multichannel, multibrand approach to the Irish mortgage market. The three brands comprise Bank of Ireland, ICS Building Society and The Mortgage Store. Tony joined the Bank of Ireland Group in 1986 through their Building Society subsidiary ICS Building Society. He held a number of senior positions within ICS before becoming head of market management for Bank of Ireland Group Mortgages. He was made a director in January 2002. Tony has an MBA from the Smurfit Graduate School, University College, Dublin. He is married with two children and is interested in various sports both as a spectator and participator.

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Tom Nabielec Associate

General Atlantic Partners Tom is an associate at the London office of General Atlantic Partners, the world's leading private equity investment firm focused exclusively on information technology, process outsourcing and communications investments on a global basis. Since 1980, General Atlantic has invested in over 120 IT companies and currently has more than $4 billion in committed capital. General Atlantic has more than 60 companies in its portfolio today, of which almost one-third are based outside of the United States. Prior to joining General Atlantic in 2001, Tom was a senior associate at eVolution Global Partners, an associate at McCown DeLeeuw & Co., and an analyst at Goldman Sachs & Co. Tom has a BS/B.A. from Rice University.

Steve Naylor VP EMEA Marketing

Tower Technology Steve has worked with Tower Technology as Vice President EMEA Marketing since September 2000, and is responsible for promoting Tower in Europe, the Middle East and Africa. Steve is responsible for the go-to-market strategy for European business at Tower, the leading vendor in deployment of high-volume document and content processing solutions. Steve has worked in the IT industry since the mid-1980s. For the past 10 years, he has concentrated on the marketing of application solutions on a pan-European basis, and has extensive experience of introducing new concepts to market as well as geographical business expansion. Prior to Tower Technology, Steve worked at Lawson Software as director EMEA marketing and at Marcam as European marketing manager, where he was responsible for taking these U.S.-headquartered companies into the European marketplace. He lives in Henley-on-Thames with his wife and two children.

Jens Christian Nielsen Chief Economist

BRFkredit

As Chief Economist at BRFkredit, a position he has held since 1999, Jens Christian is responsible for press relations, product innovation and market supervision. From 1990 to 1999, he was division head at the Danish Ministry of Economic Affairs, responsible for supervision and legislation of financial markets. Jens Christian has a masterÂ&#x2019;s degree in economics from the University of Aarhus.

Mirjam Nouwen

Director, Structured Finance

NIB Capital Bank N.V.

Mirjam joined NIB Capital Bank after the acquisition by NIB Capital of Van Den Boom Group, an independent corporate finance consultancy firm, where she was a member of the management, responsible for the finance and risk management consultancy group. Within the Structured Finance Department her focus is on the origination of assets for principal finance. Prior to this she worked with Rabo International, where she was responsible for a corporate banking group.

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Jean Willcox Osborne

President and Chief Operating Officer

Stewart International

Jeannie is the President and Chief Operating Office of Stewart s International operations, a division of Stewart Information Service Corporation. In this capacity, she oversees the expansion of Stewart s operations outside the United States. Jeannie s career in the title insurance industry began in 1980 at Beaumont Title Company in Beaumont, Texas. She has worked in all phases of the industry from examination to closing complex commercial transactions. She joined Stewart Title in January 1993. Jeannie sits on the boards of Stewart Information International, Inc., Stewart Costa Rica, ABC, S.A., and deputy chairman of the Board of Stewart Title Insurance Co (UK) Ltd. Jeannie, who hails from Beaumont, received her BBA from Baylor University in Waco, Texas in 1979. She has studied in the MBA program at Lamar University in Beaumont, and the post baccalaureate program in Civil Engineering at the University of Houston. She is married to Broocks Osborne, and they have two sons.

Simon Page

Director, Portfolio Management

Barclays

Simon, an economist by training (Cambridge, 1991), has worked at Barclays for seven years almost exclusively in the field of credit firstly as a lending officer, then credit policy to develop credit derivative management and finally onto a Treasury role to set up the portfolio management unit with the retail bank. Simon also has a master s degree in Finance from the London Business School.

Bob Pannel

Head of Research and Analysis

Council of Mortgage Lenders Bob is Head of Research and Analysis at the UK's Council of Mortgage Lenders, where he is responsible for the economics, statistics and research work. Bob has worked for the CML since 1990. He has been an active participant in the work of the European Mortgage Federation and chaired its statistical working party in 1996-1999. Before joining the CML, Bob held a number of economist positions in financial services, industry and government. He graduated in Mathematical Economics in 1979.

Lawrence Paterson

UK Northern Area Lending Manager

Tower Technology

Lawrence joined Tower Technology in May 1998, and currently holds the position of UK Northern Area Lending Manager. Working with his counterpart, Iain Wilcox, Lawrence s mission is to consolidate and expand upon Tower s recognised strength in the provision of document and content management business solutions to the UK Lending market. Lawrence is responsible for existing relationships with clients such as HML, Skipton Building Society, Addleshaw Booths and Capital One, as well as maintaining a number of partner relations. Lawrence has worked in the IT industry for 12 years in strategic account management and business development roles, and has embraced Tower s consultative, benefits-led approach to solutions provision. Prior to Tower Technology, Lawrence worked at a systems integrator for seven years in a series of positions including strategic accounts executive and worldwide third party product manager. He is married and expecting his first child this year.

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Christiaan CF Pennekamp Chief Executive Officer

ProMMiSe

Christiaan started his career at Stichting Pensioenfonds ABP. As an analyst, he developed prepayment and cashflow models for mortgage portfolios. Subsequently at NIB Capital Asset management he worked as an investment manager for the European MBS Fund. He completed a further financial analyst study in 2001 (RBA). In 2001 he moved to DaVinci where he started developing PRoMMiSe. In August 2002 he lead the MBO of ProMMiSe and is currently CEO of the Dutch-based mortgage portfolio advisor and software provider.

Marco Pescarmona Cofounder

MOL Group

Marco is a cofounder of the MOL Group, which dominates two niches of the Italian credit market: online distribution and outsourcing of mortgage processing. Marco has a background in consulting (McKinsey) and in banking (Morgan Stanley).

Valeria Picconi

Director, Business Development & Operations

GE Mortgage Insurance Ltd, Italy

Valeria is the Director of Business Development & Operations of GE Mortgage Insurance s Italian branch, a position she has held since October 2001. Valeria joined General Electric in 1993 in London, with the Financial Management Program (FMP), a training program in finance that requires course work and five rotational assignments in various GE businesses. At the end of the program, in 1995, Valeria joined the Business Development and Acquisition Team of GE Capital Europe in London, where she worked until 1999. In 1997 she was promoted to director of business development for the Italian market, responsible for co-ordinating the development of all GE Capital businesses in Italy. In 1999 Valeria returned to Italy to work for GE Global Consumer Finance, the Consumer Finance and Credit Card business of GE Capital, responsible for E-business and Business Development. Valeria graduated in Economics in 1992 at Universita Bocconi of Milan, after a German Gymnasium diploma.

Sacha Polverini

Head of European Regulatory Affairs

GE Mortgage Insurance

Sacha is Head of European Regulatory Affairs for GE Mortgage Insurance. He is responsible for GE s regulatory efforts in Europe to increase homeownership opportunities through expanded access to low down payment mortgage loans made available through private mortgage insurance, which provides default loss protection to lenders and investors. These efforts include establishing incentives for lenders to manage low down payment credit exposures prudently within the context of the developing Basel II regulatory capital standards, sponsoring public/private risk-sharing partnerships, and demonstrating the value of mortgage insurance as a credit enhancement for mortgage bonds and mortgagebacked securities. Sacha is based in Brussels. He joined GE in 2002 from the European Mortgage Federation, where he was head of parliamentary and external affairs.. A graduate of University L.U.I.S.S. Guido Carli in Rome, Sacha holds a master s degree in European Political Studies from the Université Libre de Bruxelles

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Russell D. Rasmussen Director and Head of Underwriting

PMI Mortgage Insurance Company Limited In his position, Russell is responsible for underwriting and operations for PMI Europe. Russell joined PMI in 1983 after graduating from the University of California at Santa Barbara with degrees in Mathematics and Economics. Russell has held a variety of marketing and pricing positions within PMI, including market research manager, product development manager and director of pricing and risk analysis. In 1990, Russell received an MBA from the Haas School of Business at the University of California at Berkeley. Russell is also a graduate of the School of Mortgage Banking, where he was recognized as the Willis Bryant Scholar in 1994.

Martin Reay Consultant

Martin has spent more than 20 years in the U.K. and European financial services markets, the last 13 of which have been within mortgages. Martin began his mortgage career with Bradford & Bingley Building Society, managing the product development and marketing areas, followed by sales and distribution, and was part of the societyÂ&#x2019;s Core Mutual Board. Martin moved on to the leading U.K. third-party servicing business, Homeloan Management, as business development director in 1998, where he established himself within the UK and European servicing market, and helped achieve record business performances before being asked to take on the role of sales and marketing director for ALLTEL Mortgage Solutions (AMS) in September 2000. Martin successfully established the AMS brand and identity within both the UK and European mortgage and servicing markets and launched a recognised leading E-Commerce solution for U.K. lenders. Martin has now taken up an independent role within the mortgage industry.

Michele Reedy

Assistant Director, Portfolio Management

Barclays

Michele graduated from University College Dublin in 1987 with a B.Comm. She has spent her career to date working for Barclays, primarily as the senior risk manager for the Structured Asset Finance Team up until 1998 when she joined the Securitisation Team in Treasury. More recently, she joined the retail management unit focusing on the transaction and client development side.

Bill Schaub

Chief Operating Officer, Mortgage Program

Baltic-American Enterprise Fund

Bill oversees the Baltic-American Enterprise FundÂ&#x2019;s residential lending program in all three Baltic states (Latvia, Lithuania and Estonia). Capitalized with a grant from the U.S. government, the fund is providing technical assistance to the Baltic states by investing in home-ownership, businesses and real estate. The fund was the first mortgage lender and is currently one of the largest mortgage lenders in the BalticÂ&#x2019;s and is active in both completing the primary market development as well as secondary market development. Prior to joining the fund, Bill was the senior vice president of financial and credit risk management at Morgan Stanley Dean Witter Credit Corporation overseeing secondary marketing, underwriting, planning, training policies and procedures and quality assurance. Prior to that he was the vice president of secondary marketing for Merrill Lynch Credit Corporation. He has held positions with L.J. Hooker International, Merrill Lynch Commercial Real Estate, Merrill Lynch Realty Inc., and Ernst and Young.

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Charles Schofield Managing Director

Specialist Mortgage Services Limited Charles Schofield is Managing Director of Specialist Mortgage Services Limited, a leading U.K. mortgage servicer established 12 years ago as a wholly owned subsidiary of Scarborough Building Society. With nine external lender clients, it has the second largest client base in the U.K., and has a full range of securitisation facilities available for both primary and standby service contracts. He has been instrumental in starting up two of the six U.K. suppliers of third-party mortgage administration and is therefore something of a pioneer in this niche industry. His mortgage experience extends back nearly 30 years and he has been involved in 12 securitisations of both a prime and sub prime nature. Charles has been a keen sportsman including rugby, cricket and tennis but activity now is limited to spasmodic involvement on the golf course with his son where his handicap regrettably appears to be stuck at a modest 24.

Michael Schwartz Director, Mortgage Finance Wachovia Securities

Prior to joining Wachovia Securities' Mortgage Finance group in 2002, Mike started the due diligence function within the former First Union Asset Securitization Division and led the group from 1996 to 2002. In addition to his asset-backed and mortgage experience, Mike has 10 years experience in an internal audit capacity at Lehman Brothers and American Express. Mike is responsible for assessing and developing international mortgage securitisation and financing opportunities as well as leading mortgage finance due diligence efforts. As such, Mike is focused on advising financial institutions on the path to securitisation by addressing collateral, legal, and accounting issues and working with external parties to develop ongoing securitisation programs. He holds a Bachelor of Accounting degree from the University of Minnesota.

Colleen Sharkey

Director of Business Development

Butler & Hosch, P.A.

Colleen is Director of Business Development. She has done business consulting in both the United States and Europe. Since 1984 she has been involved in many I.T. operations, from database design to litigation support for law firms and their clients. She has also developed and taught a state-approved course, Advanced Applications of Legal Software, for the University of Central Florida in Orlando. Colleen has an MBA from the Crummer Graduate School of Business at Rollins College. She is a member of the Association of Legal Administrators and Florida Executive Women.

Christoph Sidler

Business Planning Specialist

EDS Switzerland

Christoph Sidler is a subject matter expert for the Global Capital Markets segment working as business planning specialist for EDS in Switzerland. He completed his Master of Economics at the University of Berne (Switzerland) in 1998. His main subject was Macroeconomics. He began working with EDS, first as a systems engineer in a trade finance software development project, then as assistant to the country manager of Switzerland. In 2001, he completed EDSÂ&#x2019; internal Capital Markets Certification Program. He is the author of the white paper on Â&#x201C;B2B Exchanges and Capital MarketsÂ&#x201D; and the co-author of the white paper on the New Basel Capital Accord.

EUROCATALYST 2002 YEARBOOK

everybody wins

2002

EuroCatalyst

everybody wins

Kanwar Singh Principal

Entys Inc. Kanwar s professional background is comprised of 18 years experience with client server technology, developing and supporting CAD/CAM systems, implementing and integrating enterprise solutions in the areas of PLM (product lifecycle management) and document management, ERP, CSM (component and supplier management) and business intelligence systems. He developed his CAD/CAM/client server technology expertise at EDS, PLM solutions consulting and implementation at SDRC and ERP/CSM integration at Aspect, which was acquired by i2 technologies. In Feb 1998, Kanwar cofounded Entys (formerly eMeta Consulting Group) to provide integrated Knowledge Management and customized IT solutions for multiple industry verticals. The company has grown to multiple worldwide locations and generates multimillion dollar revenues.

Stig Tørnes-Hansen

Vice President, Head of Business Innovation, Funding & Markets

Realkredit Danmark A/S

Stig Tørnes-Hansen is Vice President and Head of Business Innovation in the Funding & Markets division of Realkredit Danmark A/S. He has more than six years of experience with product innovation in the Danish mortgage industry. His primary assignments and responsibilities involve product development and development of guidelines regarding optimisation of debt portfolios and refinancing. He also works as an internal consultant on taxation and legal regulation. Stig, who received an M.Sc. Economics from the University of Copenhagen, is a part-time instructor in finance at the Copenhagen Business School. He is also a CFA candidate.

Erik Urskov

Executive Vice President

Nykredit A/S

Erik is Executive Vice President of Nykredit, Denmark s largest mortgage bank. His primary responsibilities are sales, marketing and business development of the commercial customer segment in Denmark. This involves lending activities to office, commercial and industrial properties and the coordination of the activities and the strategic development of this customer segment in the Nykredit Group. Erik is also responsible for the internationalisation of Nykredit s mortgage credit activities, which primarily focus on development of activities in Poland, the Baltic states and crossborder lending in Germany, the U.K. and Sweden. Erik is chairman of the Supervisory Board of Nykredit Polska Sp. z o.o. and a member of the Supervisory Board of Mortgage Credit Foundation, Poland. He has also represented Nykredit in Realkreditrådet. He was educated at the Aarhus School of Business (Denmark), where he studied financing/organisation, and at the University of Copenhagen (Denmark), where he studied law.

John Varghese

Director, Client Executive for the Financial Industry

EDS

John is a Director and the Client Executive for the Financial Industry (banks and insurance sector) in Switzerland responsible for EDS Information Technology line of business. Prior to joining EDS in April 2001, he was the head of operations for Union Bancaire Privée in Zurich. He was responsible for fusing operations with both Union Bancaire Privée and its subsidiary, Nordfinanz Bank Zurich, its branch in Nassau, Bahamas and representative offices in Scandinavia and Germany, and creating one common services group, Servicing, for both banks. John has more than 15 years experience in the banking and financial services industry, having held senior management positions with Credit Suisse, Standard Chartered Bank and Citicorp Investment Bank in Zurich. He received a Bachelor of Science degree from the University of Nagpur, India, and holds an Association of Certified Accountants certification from South West London College, London. John and his wife have two children aged 18 and 16.

EUROCATALYST 2002 YEARBOOK

everybody wins

2002

EuroCatalyst

everybody wins

Henri J. van de Koppel Co-founder

KATANA Trading More than 25 years of experience in the Spanish and European financial sector and food industry in setting up, structuring and restructuring companies in the areas of Private Equity and Corporate Finance. Business Angel. Member of the board of directors and management team of ABN Amro SVB (Spain). Director of Banco Herrero. Marketing manager for Grupo Barclays Bank International Trade Finance Ltd. Currently co-founder (1994) and main shareholder of KATANA Trading, which specializes in Corporate Finance and Private Equity

Arja C.A. van den Hoek

Director Corporate Business Development

STATER NV As Director of Corporate Business Development, Arja is responsible for the execution of STATERâ&#x20AC;&#x2122;s European expansion strategy and the development of new business lines. Prior to joining STATER in 1998, she spent 11 years in the ICT division of the ING Group and was involved in projects of ING Investment Management, ING Real Estate Management and the development of ICT strategy. Arja has an MBA from the University of Wageningen.

Neil Warman

Vice President of Principal & Asset Backed Finance,

Bear Stearns International Neil previously worked at Arthur Andersen, where he was an experienced manager in their financial institutions transaction advisory services group. Neil has worked extensively in selling, providing and supervising various transaction services throughout the securitisation process, involving a range of asset classes, including residential mortgages, credit cards and numerous loan and bond transactions. Transaction services provided include accounting advice, structuring, due diligence, cashflow and bond modelling and other procedures in connection with the issuance of offering circulars.

Mark Webster Marketing Manager

Homeloan Management Limited Mark joined HML in 1996 and has built experience in a number of areas of outsourced administration. Following acceptance onto HMLâ&#x20AC;&#x2122;s Management training scheme, he gained exposure within new lending, business support, legal and compliance, client relations and business development. He became Marketing Manager in 1999 and is currently responsible for all marketing, communications and public relations activity.

EUROCATALYST 2002 YEARBOOK

everybody wins

2002

EuroCatalyst

everybody wins

Irja Wichert

Country Manager (Geschäfsführerin) – Germany

TOWER Technology Irja joined Tower Technology in January 1999, and currently holds the position of Country Manager (Geschäftsführerin), Germany. Irja’s goal is to ensure that TOWER becomes one of the leading solutions providers in the document and content management space for the whole German-speaking region. Irja has worked in the IT industry for 23 years in technical services, project management, consultancy, sales and IT management. Prior to Tower Technology, Irja worked at Banctec for 5 years in sales and at FileNET for 3 years in project management and consultancy. Before FileNET, Irja worked over 10 years at Recognition in a series of positions in technical services and marketing in Europe. Irja has extensive experience of the document imaging and workflow market, and is an experienced speaker at industry conferences and symposia. She is married and has a child and enjoys every free moment at her home in Schmitten / Taunus near Frankfurt.

Gerhard Wieringa

Director - Business Development & Operations

GE Mortgage Insurance (Netherlands) In his role as Director - Business Development & Operations Netherlands, Gerhard is responsible for expanding GE’s mortgage insurance in the Netherlands. Gerhard joined GE Mortgage Insurance in April 2002 coming from Interpolis, the captive insurer of the Rabobank group. His last position there was market manager housing, where he was responsible for mortgage-related insurance. In this position, Gerhard worked together with GE Financial Insurance to redevelop and introduce Mortgage Payment Protection Insurance. Before joining Interpolis, Gerhard worked for the Rabobank Group. Starting as a mortgage advisor in 1990, he subsequently held positions as a financial advisor and planner in the private banking department. In 1995, he moved to the Rabobank Netherlands HQ as a mortgage product specialist. In this position his main job was product development. His last mortgage product was named “Mortgage Product of the Year 2000” by the Institute for International Research.

Stefan Wolff Vice President

Countrywide Consulting Stefan is a Vice President in the International Consulting Services group of Countrywide Home Loans. He has over 10 years of professional experience in the financial services industry in Europe and the United States with demonstrated skills in management advisory, project management and business development. In his current role, he is advising housing finance organizations internationally to improve mortgage originations, servicing, securitisations and third-party technology services, based on Countrywide’s mortgage lending expertise. Stefan is responsible for managing engagements that provide advisory services to primary and secondary mortgage companies worldwide and expand Countrywide’s global services. Prior to joining Countrywide he worked as a management consultant for PricewaterhouseCoopers Consulting, providing management consulting services to financial services organizations in Europe and the U.S. Stephan has also worked as an analyst for a British reinsurance broker at the Lloyd’s Insurance Market in London and for a Swiss management consulting firm in Zurich. He also completed an apprenticeship in banking at a German retail bank and is a certified Bankkaufmann.

Chris Wood IT Director

Homeloan Management Limited Chris joined HML as IT Director in August 2002. A respected operations executive, marketer and business director, Chris has built up 20 years experience in the financial services industry. Chris’s career to date has included a directorship of Unisys Ltd, and a number of executive roles with Bradford & Bingley plc including change management, head of operational services and head of lending.

EUROCATALYST 2002 YEARBOOK

everybody wins

2002

EuroCatalyst

everybody wins

Nick Woodcock Managing Director

ALLTEL Mortgage Solutions Nick Woodcock is Managing Director of ALLTEL Mortgage Solutions Limited, where he is responsible for the general management and strategic direction of the ALLTEL subsidiary. Prior to this he was executive vice president of sales and marketing for ALLTEL Information Services, based in Jacksonville, Florida, responsible for sales to ALLTEL’s prospective and current mortgage lending clients in the United States. He has previously held positions in ALLTEL’s technology and solution development organisations. He has been with ALLTEL since 1993. Formerly he worked for IBM Corp. in both the U.S. and the U.K. He worked in IBM’s sales and marketing organisation with clients in the retail, insurance and financial services industries. Nick was born in England and graduated from the University of East Anglia with a degree in Accounting and Information Systems.

EUROCATALYST 2002 YEARBOOK

everybody wins

Main Entry: cat-a-lyst Function: noun 1 : a substance that enables a reaction to proceed at a usually faster rate or under different conditions than otherwise possible 2 : an agent, person or event that provokes or speeds significant change or action

CONTENT CONTEXT COMMUNITY COMMUNICATION CONVERGENCE

EuroCatalyst is a Dutch-based information services and marketing firm with significant experience and success in pan-European and cross-border entry for companies in consumer finance, mortgage lending, administration, securitisation and related technologies. With custom services that range from conceptual development, market positioning and branding to management recruitment and selection of joint venture partners, EuroCatalyst is uniquely positioned to help companies from all over the world enter the consumer finance and mortgage lending markets of Europe, the United States and Japan. Our commitment is defined by our philosophy, â&#x20AC;&#x153;everybody wins.â&#x20AC;?

www.eurocatalyst.com Watch our website for: All EuroCatalyst 2002 follow-up including documentation, video clips, and reports The launch of the EuroCatalyst Intelligence Report The program announcement of EuropeServicing 2003, a CML/EuroCatalyst event which will be held in London in April, 2003