EurOrient Financial Group to Recruit a New Country Director and Chief Representative to the People's Republic of China

* Reuters is not responsible for the content in this press release.

Wed Jun 24, 2009 3:12pm EDT

LOS ANGELES--(Business Wire)--
The Treasury Board of the EurOrient Financial Group ("EurOrient") announced
today that its recruitment for a new Country Director and Chief Representative
to the People`s Republic of China is officially underway, and applications are
being accepted through August 31, 2009. The Permanent Mission of the EurOrient
Financial Group to the People`s Republic of China is the arm of EurOrient in
China. 

"We`re looking for a world-class Country Director and a leader to drive our
Country Investment Strategy and Program," said Mr. Ron Nechemia, the Chairman of
the Board of Directors of the EurOrient Financial Group. "This person must be an
articulate, established and experienced visionary that can enhance the planning,
implementation and supervision of our work output and relationships," says Mr.
Nechemia. "They must be able to measure and monitor the quality of output and
the achievement of long-term goals and annual objectives for the People`s
Republic of China Permanent Mission all leading toward greater performance and
value creation." 

The Country Director and Chief Representative manage a range of long-term issues
of strategic importance to People`s Republic of China Permanent Mission. "This
individual will oversee and facilitate effective coordination and cooperation
between People`s Republic of China Permanent Mission and other EurOrient
Financial Group departments and internal stakeholders," says Mr. Nechemia,
considered the founding father of private sector development and a permanent
representative of the private sector to the United Nations. 

The EurOrient Financial Group Permanent Mission to the People`s Republic of
China was founded in 1988. Since its formation the company has dedicated its
resources to assisting project sponsors, suppliers, government and other bidding
consortia in structuring and implementing financial transactions for major
international Public, Project and Corporate Financing Ventures. Over this period
the Permanent Mission has developed a strong presence in the Chinese
infrastructure market and built systematic relationships with the Government of
China and its bilateral agencies. 

The EurOrient Financial Group Permanent Mission to the People`s Republic of
China is located in Beijing. The primary function of the Permanent Mission is to
facilitate the coordination and implementation of EurOrient projects and
programs. More specifically, it provides assistance at all stages of the
investment cycle, including identifying new investment opportunities and
programs, investment processing, and portfolio management. 

The Permanent Mission strengthens the working relationship between the EurOrient
Financial Group and the Government and maintains regular dialogue on investment
related issues and foreign direct investment policies relevant to EurOrient`s
operations in the less developed countries. It maintains extensive consultation
and coordination with bilateral and multilateral agencies` representatives in
country where the Permanent Missions and explores mobilization of
commercial/institutional cofinancing for projects under preparation. 

EurOrient Financial Group has been rapidly increasing its investment operation
in China in support of private and public sector investment in infrastructure,
technology and financial services. The company will continue to increase its
exposure to the market in order to deepen its impact in a sustainable and robust
private sector. China is EurOrient`s largest country portfolio and among the
fastest countries for its investment growth. In FY06, EurOrient committed $1.595
billion to private sector projects. About all of our investment involves direct
equity stakes. 

EurOrient Financial Group notably in China is increasingly organizing itself to
present a coherent voice and build systematic relationships with the Government
of China and its bilateral agencies. This is evident at national, local,
regional and international levels. While the EurOrient Financial Group global
campaign for development plays a strong role at the international level,
regional and national networks are emerging or gaining ground, and EurOrient is
becoming more involved in local development issues and agendas in China. 

The EurOrient Financial Group, through its affiliated development financial
institution, provides a full spectrum of financial products and financial and
economic advisory services to governments, central banks, and other private
(corporate) and public financial institutions. Our services are grounded in half
a century of experience financing the ventures in emerging markets and economies
in transition, managing financial risks on the balance sheet and investing. 

EurOrient Financial Group operations in China are focused on investment in:

* Investment in clean energy; 
* Environmental Protection; 
* Support for private and public infrastructure projects and particularly
investment in transport infrastructure; 
* Supporting the development of China`s western and interior provinces; 
* Privatization and restructuring of state-own enterprises; 
* Investing in the financial sector to develop competitive institutions that
will meet international corporate governance and operating standards; 
* Facilitating private sector access to global capital market (Public Offering,
Private Placement); and 
* Technician assistant to both public and private sector

The EurOrient Financial Group thematic product will invest in securities based
on national themes and is designed to identify longer-term trends in the
marketplace and to mobilize capital, human resources and technology for the
benefit the individual investment selection 

The Country Director and Chief Representative helps set and achieve the System`s
long-term goals. Qualifications for the position include:

* At least 15 years of relevant professional experience in country programming,
project processing and administration. 
* Broad-based exposure to strategic planning and policy, and operations of
multilateral development and financing institutions. 
* Demonstrated experience in managing high-level negotiations with Governments. 
* Broad and extensive management experience in a large organization with
multiple lines of business and strong leadership skills. 
* A demonstrated track record of success, evidence of strategic leadership
abilities, and the capacity to build effective and mutually respectful
relationships with a governing board. 
* Strong communication skills and the ability to foster, manage and lead
successful, high functioning teams at all levels of an organization. 
* High ethical standards, sound judgment, and a strategic focus balanced with
consensus building skills.

The Treasury Board of the EurOrient Financial Group also desires a candidate who
has experience dealing with multiple and diverse constituent groups, has a
commitment to diversity, and who is team oriented. 

Individuals interested in this opportunity can visit the website of the
EurOrient financial Group for a more detailed job description at Country
Director and Chief Representative to the People`s Republic of China. 

Interested candidates shall submit a cover letter, resumé, list of six
work-related references, and evidence of current salary to
human.resorces@eurorient.org. Additional information can be found on the website
of EurOrient Financial Group "opportunity" at www.eurorient.org. 

Assure Consulting Inc., based in Mountain View, California, is assisting the
Department of Human Resources, the Administration of EurOrient Financial Group
and its Board with the recruitment process and recently posted the announcement
about the position on industry web sites. A copy is accessible on the home page
of the Assure Consulting Web site at www.assure-usa.com. Candidates may contact
Assure Consulting Inc. or EurOrient Financial Group via email at
human.resource@eurorient.org or at rm@assure-usa.com. 

About EurOrient Financial Group

EurOrient Financial Group is a private sector global development financial
institution accredited by United Nations General Assembly on Financing for
Development. The mission of the EurOrient Financial Group is to support the
economic and social development efforts of the less developed countries as they,
in particular, seek to achieve the Millennium Development Goals ("MDGs"). 

The EurOrient`s principal objective is to reduce poverty and promote sustainable
economic growth. EurOrient invests in projects and programs that promote social
development, build human capacities, and address host government priorities for
investments in physical infrastructure that promote and enhance social
development. These projects include roads, transportation and communication
systems, water, sanitation and other types of investments with social
development outcomes such as improved quality of life and increased human
knowledge and skills. 

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EurOrient at Glance

Headquarters: Los Angeles, California 

Website: www.eurorient.org

CEO: Mr. Ron Nechemia 





EurOrient Financial Group
Jeff Mustard, Spokesperson for the President and the Chair Person of the Board
of Directors
818-206-5322
jeff.mustard@eurorient.org

Copyright Business Wire 2009

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