We are very pleased to announce the appointment of Mr. Theo Jeurissen as Chairman of the International Advisory Board of the EDHEC Risk and Asset Management Research Centre.

In line with best practices of corporate governance, the EDHEC Risk and Asset Management Research Centre's international advisory board brings together distinguished scholars, representatives of regulatory bodies and senior executives from business partners and other leading institutions to validate the relevance and goals of the research programme proposals presented by the centre's management and to evaluate research outcomes with respect to their potential impact on industry practices. The board also advises on the objectives and contents of projects deriving from the expertise of the research centre, thereby ensuring that graduate and executive programmes remain at the forefront of developments in the marketplace.

Mr. Jeurissen is Chief Investment Officer at PMT, the industry-wide Dutch pension fund in the engineering and related technical sectors, where he is responsible for the fund's investment policies, and oversees the investments handled by PMT's management company. PMT is the third largest pension fund in the Netherlands, with over a million participants, and PMT's total assets under management exceed €33 billion.

Mr. Jeurissen has been involved in the investment world for over 20 years. Before joining PMT in 2001, he was a member of the board of directors of ABP, the Dutch civil-service pension fund, where he was responsible for equity management and investment policy development.

He is member of a number of investment advisory committees of institutional investors, and is Chairman of the Investors' Committee of the Dutch Association of Industry-wide Pension Funds.

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