Important Announcement about NERC

Dear Members,
On behalf of the ITFA Board, we are writing to let you know that with his impending retirement, Karl Page will be stepping down as the chair of the Northern European Regional Committee (“NERC”) of ITFA, a role which he has filled for the last three and a half years, before which, he was a committee member.
Karl’s leadership of the NERC has taken what was an already impressive committee to new levels, and we would like to place on record our thanks to him for his passion and commitment to the trade and forfaiting industry of which he is so fond. Despite the issues we have all faced during the last two years, the NERC have continued to deliver a great range of engaging virtual events, before managing to reconvene with in person events in London last summer and most recently in March and appropriately, Karl’s chairmanship was book-ended by our flag-ship event in Amsterdam last week.
We are pleased to announce that the new chairman of the NERC will be Martin Caslavka of the Bank of China London Branch. Martin is well known to many of you and indeed has previously served on the NERC for 6 years. Having his historic ITFA knowledge in play, supported by the rest of the great NERC group will, we are sure, he will lead to continued excellence.
Please join me in wishing Karl a happy retirement and congratulating Martin on his new role.

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