Elements of BACE

Board of Directors

Chairman

Achour Abboud
President and CEO of National Bank of Algeria (BNA), Algiers

Vice-Chairman

Jean-Paul Foity
Financial consultant, Geneva (independent Board Member in compliance with the law)
Member Audit Committee

Members

Dr. iur. Thomas A. Frick
Lawyer, Zurich
Ahcene Haddad
CEO National Investment Fund (FNI), Algiers
Asma Hovagemyan
Lawyer, Geneva, Switzerland

Executive Board

Karim-Eddine Khellili
CEO
Christoph Lüthy
COO
Osvaldo Bernales
Member of Managing Board

External Auditors

KPMG, Zürich

Internal Auditors

PwC, PricewaterhouseCoopers AG, Zurich