Appointment ms. L.M.T. van Velden
Ms L.M.T. van Velden has been appointed to the Managing Board of NWB Bank for a 4-year period effective 1 January 2010. She will succeed Mr A.J.M.M. van Cleef, who will step down as a Director on the occasion of his retirement. Ms van Velden was appointed by the General Meeting of Shareholders held on 23 April 2009. Ms van Velden entered the bank's service on 1 October 2008 as Deputy Director. Her portfolio will comprise Risk Management, Accounting & Reporting and IT & Operations. With effect from 1 January 2010, the Managing Board of NWB Bank will consist of Mr R.A. Walkier, Chairman, and Ms van Velden.
NWB Bank’s principal objective is to provide funding to the public sector in the Netherlands as efficiently as possible and at the lowest possible cost. Thanks to its solid status and financial expertise, the bank is in a position to raise more than sufficient funds at favourable terms on the international financial markets. Complementing this is the extremely low overhead structure of NWB Bank. The Bank's aim is not to maximise profits, but rather achieve the best possible results in keeping with its character.
Information for the media:
Ms J.A. Kramer-Buskens, Corporate Secretary
Telephone number: +31 (0)70 - 416 6266
Email: info@nwbbank.com
The Hague, the Netherlands
4 December 2009
