Brussels, 17 November 2016 

The European Covered Bond Council (ECBC) is pleased to announce the new list of its Steering Committee representatives for the mandate 2017-2018, as proposed today by the ECBC Steering Committee for formal approval.

Subject to the formal approval of the proposed incoming membership by the EMF-ECBC’s General Assembly, from 1^st of January 2017 onwards the full membership of the ECBC Steering Committee for the mandate 2017-2018 will be as follows:

Issuer Members:

§  Jens Tolckmitt, Association of German Pfandbrief Banks vdp, DE

§  Morten Bækmand Nielsen, Association of Danish Mortgage Banks, DK

§  Olivier Avis, Crédit Foncier, FR

§  Alex Valencia Baeza, La Caixa, ES

§  Martin Rydin, Association of Swedish Covered Bond Issuers, SE

§  Waleed El-Amir, Italian Banking Association ABI, IT

§  Gary Staines, UK RCBC, UK

§  Per Sagbakken, DNB Boligkreditt, NO

§  Jac Besuijen, Dutch Banking Association, NL

§  Katarzyna Kapeller, Raiffeisen Bank International AG, AT

  §  Ana Marques, Caixa Geral de Depósitos S.A., PO

Non-Issuer Members

§  Cristina Costa, Société Générale CIB

§  Boudewijn Dierick, BNP Paribas

§  Florian Eichert, Credit Agricole CIB

§  Bernd Volk, Deutsche Bank

For more information on the ECBC Steering Committee and the activities of the ECBC, visit our website.

Contact:

Luca Bertalot

Secretary General

Tel: +32 2 285 40 35

lbertalot@hypo.org

Notes to the Editor:

1. Established in 1967, the European Mortgage Federation (EMF) is the voice of the European mortgage industry, representing the interests of mortgage lenders and covered bond issuers at European level. The EMF provides data and information on European mortgage markets, which were worth over 7.0 trillion EUR at the end of 2015. As of November 2016, the EMF has 19 members across 14 EU Member States as well as a number of observer members.

2. In 2004 the EMF founded the European Covered Bond Council (ECBC), a platform bringing together covered bond issuers, analysts, investment bankers, rating agencies and a wide range of interested stakeholders. As of November 2016, the ECBC has over 100 members across 26 active covered bond jurisdictions and many different market segments. ECBC members represent over 95% of covered bonds outstanding, which were worth nearly 2.5 trillion EUR at the end of 2015.

3. In June 2014, the EMF and the ECBC came together to form the Covered Bond & Mortgage Council (CBMC), which replaced the European Mortgage Federation as the legal name under which both entities operate, although in practice, both the EMF and ECBC brands are maintained and used to identify the two areas of focus within the CBMC’s scope.

4. The Covered Bond Label Foundation (CBLF) was established in 2012 by the EMF-ECBC. The Covered Bond Label website became fully operational on the 1st of January 2013, with the first Labels being effective since then. As of October 2016, the website features the Harmonised Transparency Template (HTT) and 14 National Transparency Templates, published by 80 issuers disclosing information on 96 labelled cover pools across 15 jurisdictions. The Covered Bond Label website currently provides issuance data on close to 4,300 covered bonds, amounting to a total face value of over 1.4 trillion EUR, out of which over 2,000 covered bonds already include information on the Liquidity Coverage Requirement (LCR).

5. For the latest updates from the EMF-ECBC, follow us on Twitter, LinkedIn and YouTube or visit the EMF-ECBC blog.