press release
18/05/2006

Appointment of Patrice VABRE Director of Structured Financing for the Dexia Group

Patrice Vabre, has been appointed Director of Structured Financing for the Dexia Group and Member of the Executive Committee Public Finance. He will report to Bruno Deletré, Head of Division Public Finance.
 
Patrice Vabre, 56, is a graduate engineer from the Institut National Polytechnique in Grenoble and has an MBA from the University of Chicago and a Master of Science degree from the University of Stanford.
 
He began his career as an engineer-economist at Harza Engineering in Chicago, then in 1980 he became Project Leader in the Energy Department of the World Bank in Washington. In 1986, he took the post of Project Director at BNP in Paris and then in 1988 he became Director of the Government Advice Department of Lehman Brothers in Paris. In 1992, he joined Crédit Lyonnais and was appointed World Head of Infrastructure and Environmental Project Financing.
 
In 1996, he joined the Dexia Group, where he held the post of Director of the Project Financing Department, and in 2001 he was appointed Director of the Structured Financing Department of Dexia Crédit Local. In particular he guided the development of Dexia in the arrangement of Project Financing where for 2005 the bank achieved the “Euromoney” classification of world leader in PFI/PPP financing and 6th bank all sectors combined.