Clarien Bank Appoints Buford Alexander

May 28, 2014

Clarien Bank Limited today [May 28] announced the appointment of Buford Alexander as an independent director of its Board of Directors.

The Company said this appointment “exemplifies Clarien’s strategy to attract directors with global experience – another step toward expanding the organization into asset management, corporate and institutional banking, investment banking and wealth management.”

Mr. Alexander is a director emeritus of McKinsey & Company, where he served clients in high tech, banking and consumer goods, and was a leader of McKinsey’s European practices in those industries. Mr. Alexander joined the firm’s Los Angeles office and moved to Amsterdam in 1983 where he served until his retirement in 2008.

While at McKinsey, Mr. Alexander founded its European Corporate Finance practice, led the transformation of numerous European multinationals, was a senior banking consultant that led two major European bank mergers as well as development of various asset management, investment banking and retail banking strategies.

“On behalf of the entire Clarien organization, we welcome Buford, his extensive European perspective, and advisory experience to the Board,” said Keith Stock, Chairman. “He is an accomplished leader and advisor to companies who possesses an impressive record of success and substantive impact in the global financial services sector. We look forward to his contributions towards Clarien Bank’s goals of growth, internationalization and leadership.”

Mr. Alexander is a member of the board of Gemalto NV, a global leader in digital security. He also chairs the supervisory board of the Amsterdam Institute of Finance and is a member of the International Policy Committee of the US Chamber of Commerce. Mr. Alexander chairs the Holland America Friendship Foundation and serves as a member of the Fulbright Commission in the Netherlands, and he is also a past president of the American Chamber of Commerce in the Netherlands.

Mr. Alexander’s efforts to enhance Dutch–US relations were recognized in 2001 by Queen Beatrix, who bestowed on him the Royal Distinction of Officer in the Order of Oranje-Nassau. Mr. Alexander holds a Bachelor’s degree in mathematics and economics from Rice University in the US and an MBA from the Harvard Business School.

Mr. Alexander joins current presiding Board Directors James Gibbons, Andrew Parsons, James MacDonald and C.H. (Hal) Masters, as well as Keith Stock, Chairman of the Board.

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