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

Walo Frischknecht
Owner of Walo Frischknecht & Partner GmbH, Lachen, Switzerland
Chairman Audit Committee
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