Michael Quinn Joins Clarien’s Board of Directors

June 2, 2014

Clarien Bank Limited today announced the appointment of Michael Quinn as an independent director of its Board of Directors.

Currently a trustee with the Eisenhower Medical Center in the US, Mr. Quinn has served as a strategic consultant to GSF Corporation and an advisor to the Head of Asset Management at Deutsche Bank USA. He is retired from Merrill Lynch & Company where he served as Vice Chairman of Global Asset Management.

Previously Mr. Quinn served as trustee of various organizations including Ambase Corporation, the Brazelton Foundation, Santa Barbara Cancer Center and the University of Denver.

“We are excited to welcome Michael and look forward to having his global perspective, diverse insight and depth of experience on the Board,” said Keith Stock, Chairman.

“In particular, his experience in asset management, capital markets and securities businesses as well as stewardship of several prominent organizations will benefit the entire Clarien organization.”

Mr. Quinn served with Merrill Lynch & Company for 17 years before retiring as Vice Chairman of Merrill Lynch Global Asset Management. While there, he was responsible for the firm’s institutional asset management efforts including the assessment and pursuit of numerous outside acquisitions such as Hotchkiss and Wiley mutual funds, and Mercury Asset Management.

From 1991 to 1995 he led Merrill Lynch Global Equity Trading while co-heading the company’s Equity Division. He also served as President of the Merrill Lynch Mortgage Division and established its Debt Transactions Desk. Prior to Merrill Lynch, Mr. Quinn worked with DLJ Securities Corporation where he became National Sales Manager and Senior Vice President in 1981.

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