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Annual Report - paperJam

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Structure of the Institute<br />

Board of Directors<br />

Fouad Edmond RATHLE (Chairman),<br />

Garanti Bank Luxembourg Branch<br />

Giovanni GIALLOMBARDO<br />

(1 st Vice-Chairman), UniCredit Luxembourg S.A.<br />

Michel COPPA (2 nd Vice-Chairman),<br />

Société Générale Bank & Trust<br />

Serge DE CILLIA (Managing Director),<br />

ABBL<br />

Massimo AMATO,<br />

UBI Banca International S.A.<br />

Pierre BACK,<br />

Banque Raiffeisen<br />

Christophe BODELET,<br />

ING Luxembourg S.A.<br />

Pierre-André DELEBECQUE,<br />

BGL BNP Paribas S.A.<br />

Roland FÜRPASS,<br />

Banque et Caisse d’Epargne de l’Etat,<br />

Luxembourg<br />

Gerd MAUREN,<br />

Nomura Bank (Luxembourg) S.A.<br />

Carlo MOUSCHANG,<br />

Bourse de Luxembourg<br />

Andreas NEUGEBAUER,<br />

DZ PRIVATBANK S.A.<br />

Per Olov OERLING,<br />

Skandinaviska Enskilda Banken S.A.<br />

Alain PICHERIT,<br />

J.P. Morgan Bank Luxembourg S.A.<br />

Etienne PLANCHARD,<br />

Banque de Luxembourg<br />

Karin SCHOLTES,<br />

Pictet & Cie (Europe) S.A.<br />

Bernard SIMONET,<br />

KBL European Private Bankers S.A.<br />

Christian STRASSER,<br />

Dexia Banque Internationale à Luxembourg<br />

Markus THESEN,<br />

Nord/LB Covered Finance Bank S.A.<br />

15 December 2010<br />

Standard & Poor’s Ratings Services affirms its ‘AAA’<br />

long-term and ‘A-1+’ short-term sovereign credit<br />

ratings for the Grand Duchy of Luxembourg.<br />

The government and the employers’ union UEL come<br />

to a bipartite agreement.<br />

16 December 2010<br />

EU leaders agree to set up a permanent crisis fund to bail out<br />

any of the 16 member-nations of the euro zone facing sovereign<br />

debt problems. The proposed fund will replace the EFSF.<br />

Luxembourg transposes UCITS IV into national law.<br />

52

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