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Ron Nechemia

Chairman of the Board of Governors


President of EurOrient Financial Group



In his dual capacity as the Chairman of the Board of Governors and
President of the EurOrient Financial Group (EurOrient), Ron
Nechemia exercises overall responsibility for bankwide operations. He
also serves as President of a group of four interrelated organizations, the
institutions that make up the Bank Group, and as Chairman of the
Administrative Council. Mr. Nechemia is a founding member of the
EurOrient Financial Group and its various affiliate development
financial institutions and the founding father of private sector
development banking.

Founded in 1988, the EurOrient Financial Group is a private sector
global development finance institution accredited by United Nations
General Assembly on Financing for Development. Its mission is to
support the economic and social development efforts of the less
developed countries as they seek achievement of internationally agreed
upon development goals, including those contained in the Millennium
Declaration, and to implement the recommendations of major United Nations conferences and
summits. The goals lay out a blueprint for the EurOrient Financial Group, setting its priorities and
measuring its results. EurOrients strategic priorities are aligned to advance the United Nations global
priorities.

Under the leadership of Mr. Nechemia, EurOrient Financial Group is undergoing a transformation
from a relatively straightforward project financier institution into a full-fledged private sector global
development bank (the Bank or the Bank Group) the worlds second global development bank
positioned next to the World Bank Group and next to the preeminent regional development banks
(MDBs
1
). It combines the characteristics of a multilateral development bank with those of a private
financial institution. The Bank finances primarily public sector infrastructure projects through the
provision of sovereign loans to developing countries. The Banks financial objective is not to
maximize profit, but to earn adequate income to ensure its financial strength and to sustain its
development activities. The Bank charges market-based rates or near-market-based rates for its loans.
The Banks ability to intermediate funds from the international capital markets and to minimize its
cost of borrowing for lending to its developing countries is an important element in achieving its
development goals. Therefore, the Banks primary objective with respect to managing funding risk is
to achieve and maintain its triple-A credit ratings objective and, thereby, maintains access to market
funding as needed at the lowest possible cost. In line with this, Bank makes extensive use of financial
instruments, including derivatives.


1
The term "multilateral development institutions" includes t he Wor l d Bank Gr oup, the European Bank for
Reconstruction and Development, the International Development Association, the International Finance Corporation,
the Multilateral Investment Guarantee Agency, t he African Development Bank, t h e African Development Fund,
the Asian Development Bank, the Inter-American Development Bank, t he Bank for Economic Cooperation and
Development in the Middle East and North Africa, and the Inter-American Investment Corporation.
Contributions to High-Level Policy Dialogues

Mr. Nechemia's unique wealth of knowledge has earned him many international awards and
recognitions. He has frequently been invited to consult and to advise in policy dialogues at the
highest political levels of the United Nations, on financing for development and trade and
investment issues. He has shared his views with world leaders including with heads of state and
governments and officials of bilateral and multilateral organizations, such as the Bretton Woods
Institutions the World Bank and the International Monetary Fund (IMF) the United Nations
General Assembly, the United Nations Economic and Social Council (ECOSOC) and the World
Trade Organization (WTO). Mr. Nechemia is a member of the UNCTAD Investment Advisory
Council to the G-77+1 and UNECE
2
PPP Business Advisory Board on infrastructure finance. The
State Administration of Foreign Experts of the Peoples Republic of China recognizes him as a
foreign financial expert. He has frequently been invited to advise and lecture on behalf of
governments, including those of the United States of America, the Republic of the Philippines, the
People's Republic of China, the Republic of Korea and the State of California Department of
Energy.

Financing for Development

As the founding father of private sector global development banking and as an original participant at
the convening of the first International Summit on Financing for Development in March of 2002 in
Monterrey, N.L., Mexico, Mr. Nechemia brings a unique historical perspective to policy dialogues
about development. Mr. Nechemia was formally invited under the auspices of a United Nations
General Assembly resolution (55/245A and B), in which the Assembly decided to convene the
International Summit on Financing for Development; and, Accordingly, and in pursuance of
paragraph 11 of General Assembly resolution 55/245B, EurOrient Financial Group honorably was
invited to participate. His statement to the plenaries and the Monterrey Consensus provide a picture
of the new global approach to financing development. He also participated in the Follow-Up
International Conference on Financing for Development to Review the Implementation of the
Monterrey Consensus, which led to the Doha Declaration on Financing for Development.

Contributions to High-Level Policy Dialogue

Mr. Nechemias expertise and focus of research are in the areas of aid effectiveness and
innovative financing for development, within the context of

additional commitments concerning innovative sources of financing for development
further debt relief and International Public Goods;

better coordinated and more effective aid at the international level as well as
implementation of the Monterrey Consensus on Aid Effectiveness, including more
predictable, stable, flexible aid mechanisms (notably, trust funds and other flexible
instruments that enables the Bank Group to engage in a wide range of partnerships and
leverage development assistance at the country, regional and global levels, budget support,
mitigation of exogenous shocks, aid untying and reform of international financial
institutions);


2
The United Nations Economic Commission for Europe (UNECE or ECE) was established in 1947 to encourage
economic cooperation among its member states. It is one of five regional commissions under the administrative direction
of United Nations headquarters. It has 56 member states, and reports to the UN Economic and Social Council
(ECOSOC).
reform of the international monetary and financial system and its implications for
development;

supporting rehabilitation, recovery and development efforts of developing countries with
special needs and those facing humanitarian emergency situations; and

enhancing the coherence and consistency of international monetary, financial and
trading systems in support of development.


Boards, Committees, Councils and Public Bodies

Mr. Nechemia is a member of the following boards and committees:
The Chairman of the Board of Governors of the EurOrient Financial Group;
The President of the EurOrient Financial Group. (In this capacity he also serves as President
of a group of four interrelated organizations, the institutions that make up the Bank Group);
The Chairman of the Administrative Council of the EurOrient Financial Group;
UNECE
3
PPP Business Advisory Board on infrastructure finance;
Member of the United Nations Investment Advisory Council to the G-77 + 1
4
(UNCTAD);
Member of the Advisory Committee to the Organization for Economic Co-operation and
Development (OECD) on;
! International Investment and Multinational Enterprises (MNEs);
! Energy;
! Economic Policy;
! Environment;
Member of China Sub-committee for the World Trade Organization; and
Honorary Chairman of the U.S. Presidential Business Commission for the President of the
United States under President George W. Bush.

Awards and Recognitions

Mr. Nechemia is a recipient of many national and international awards and recognitions for his work
and contributions to development in less-developed countries. He was selected in 2001 by the
Business Advisory Council of the National Republican Congressional Committee as the Cal i f or ni a
2001 Re publ i c an of t he Ye ar for his business accomplishments over the years. In 2002 he served
as the State of California representative on the Pr e s i de nt i al Bus i ne s s Commi s s i on in 2002 for
President George W. Bush. Mr. Nechemia was selected as the National Business Advisory Council
Honorary Chairman on May 20, 2003 and the Business Advisory Council Honorary Chairman for
California on September 13, 2003. Mr. Nechemia is a recipient of the Bus i ne s s me n of t he Ye ar
award, which is presented to top business leaders who champion the free enterprise system. Vice
President Dick Cheney presented Mr. Nechemia with the 2003 Nat i onal Le ade r s hi p Awar d in
recognition of outstanding service and commitment and specifically for his assistance and leadership
in promoting a pro-business agenda, including tax reform and fiscal responsibility. Mr. Nechemia was
nominated by the Business Advisory Councils for the Award of Bus i ne s s me n of t he Ye ar in

3
The United Nations Economic Commission for Europe (UNECE or ECE) was established in 1947 to encourage
economic cooperation among its member states. It is one of five regional commissions under the administrative direction
of United Nations headquarters. It has 56 member states, and reports to the UN Economic and Social Council
(ECOSOC).
4
The Group of 77 +1 is the largest intergovernmental organization of developing states in the United Nations. It provides
the means for the countries of the South to articulate and promote their collective economic interests, enhance their joint
negotiating capacity on all major international economic issues within the United Nations system and promote South-
South cooperation for development
2004. He was one of three nominees representing the State of California that year. The nomination
recognizes top U.S. business leaders who have integrated business and financial success.

Cover Story Interview

At the Epicenter: Where the Financial System Meets the Real Economy (International
Financing Magazine, November 28, 2008.)

This interview with Mr. Nechemia, was selected by the editorial board of International Financing
Magazine as one of the ten most Authoritative Articles published over the preceding decade. It was
republished in 2012 in a special edition book commemorating the 10 year anniversary of the
magazine.

Mr. Nechemias forecast included a bleak sequence of events: homeowners defaulting on mortgages,
trillions of dollars of mortgage-backed securities unraveling worldwide and the global financial
system shuddering to a halt. These developments, he foretold, could cripple or destroy hedge funds,
investment banks and other major financial institutions like Fannie Mae and Freddie Mac. While
some viewed his comments to be overly pessimistic at the time, Mr. Nechemias predictions proved
accurate in less than half a year.

Other Selected Publications

Mr. Nechemia has written and broadcast extensively on development, refugees and international
financial and political matters. His work is frequently published in major international symposia and
summits around the world. His overall message is that urgent efforts are needed to expand the social
safety net and enhance protection of the poor and vulnerable, particularly in the areas of financing
for development and in humanitarian relief efforts.

Mr. Nechemia has a strong record of correctly analyzing market data and predicting economic events.
On November 5, 2007, in a special interview to Viet Nam Television, he warned that Viet Nam was
likely to face economic deterioration and challenges to maintain control of the stock market in the
face of the boom in share prices. He further posited that a sudden reversal and capital outflows
would jolt the economy and that, while the supply of securities had been increasing, demand had
been even stronger, given limited outlets for savings. Mr. Nechemias predictions were stunningly
accurate and these events did occur six months later.

An article Mr. Nechemia submitted to International Financing Magazine in May of 2009 was
included as an official Input Document for an event convened for United Nations Council on
Trade and Development (UNCTAD) member states. The symposium was convened to discuss
The gl obal e c onomi c c r i s i s and de ve l opme nt t he way f or war d. Mr. Nechemias white paper,
Asset Securitization: Revolution, Evolution, Devolution. The Rise and fall of the Most
Important Financial Instrument in Banking, was included as an official input document
that addressed one of the key topics debated at the symposium, which took place May 18 and 19,
2009.

Book

Mr. Nechemia was recognized as a leader in venture capitalism by being selected as an author for the
book, The Roles and Motivations of Key Players in Venture Capital Deals (Aspatore Books, ISBN:
9781596228122). It is an authoritative insiders perspective on the venture capital industry for both
VCs and entrepreneurs, with a focus on understanding the positions of each major player involved in
venture capital and private equity investments. The book, which features managing directors and
senior partners representing some of the nations top VC and private equity firms, provides tactical
advice for venture capitalists on spotting investment opportunities, establishing valuations and
evaluating the potential return on investment. It also offers strategies for entrepreneurs in choosing
venture capital partners, negotiating deal terms and finding the right management teams. With a
detailed look at the overall landscape of the industry and common trends in the marketplace, these
experts provide key strategies for analyzing a companys vision, evaluating growth potential,
conducting due diligence and determining an exit strategy. Additionally, these top venture capitalists
offer tips for managing risks, avoiding common mistakes and negotiating successful deals. The
different niches represented and the breadth of perspectives presented enable readers to get inside
some of the great minds powering the venture world, as experts offer up their thoughts around the
keys to success within this fascinating industry, where investing, strategizing, and deal-making
intersect.

Senior and Distinguished Fellow Awards

In 2012 Mr. Nechemia was selected for Senior Fellow and Distinguished Fellow Awards from
educational institutions in Canada. These awards recognize nationally and internationally
distinguished men and women in business, nonprofit management and the arts whose experiences
and leadership have helped meet contemporary challenges. Recipients include many heads of state
and other national and international political leaders, along with Nobel and Pulitzer Prize winners.

Mr. Nechemia was unable to accept the honor due to possible conflicts of interest with his time
commitment and obligations to the EurOrient Financial Group and to its mission. Therefore,
respectfully, he chooses to avoid both impropriety and the appearance of impropriety with his
current duties and obligations to the EurOrient Financial Group.

Hands-On Investment Experience

Mr. Nechemia hands-on investment experience includes screening investment opportunities, attaining
the highest credit rating possible for specific investment ventures, directing financial and economic
analyses, negotiating investment projects and advising on economic policy changes for governments of
emerging markets and international organization, such as the United Nations, and intergovernmental
organizations, such as the Organisation for Economic Co-operation and Development (OECD) and
the Group of 77 +1 . (The Group of 77 +1 is the largest intergovernmental organization of
developing states in the United Nations. It provides the means for the countries of the South to
articulate and promote their collective economic interests, enhance their joint negotiating capacity on
all major international economic issues within the United Nations system and promote South-South
cooperation for development).

Innovative Financing Mechanisms

Mr. Nechemia has 25 years of experience working on the research and development of innovative
financing instruments to generate additional development finance for global public goods by tapping
new sources and by engaging new partners, such as emerging donors and the private sector. At the
same time, Mr. Nechemia using innovative finance schemes to deliver tailored made, banking and
nonbanking, solutions to specific development challenges at the country-level, in response to
requests from national governments that will be essential to the criteria of predictability, adequacy,
flexibility and stability. Make a difference at all stages of financing, from additional funding to
financial engineering to the effective use of funds. Some of the development challenges where
Innovative Financing has been used include infrastructure, privatizations, bank and sovereign debt
restructuring, water and sanitation, climate change, macroeconomic shocks and unstable
macroeconomic environments, dependence on foreign currency lending, missing incentives for
effective development projects, and small and insufficient markets for goods and services. Examples
of Innovative Financing initiatives include Infrastructure Project Preparation Facility, Adaptation
Fund and Carbon Funds.

EurOrient at-a-Glance
EurOrient Financial Group
Headquarters: Los Angeles, California
Website: www.eurorient.org
CEO: Mr. Ron Nechemia
Email: ron.nechemia@eurorient.org

COPYRIGHT 2014 EurOrient Financial Group

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