Rabo AgriFinance Names John J. Ryan New President and CEO

Richard E. Henderson to Retire in Fall 2008

May 14, 2008, 01:00 ET from Rabo AgriFinance

    ST. LOUIS, May 14 /PRNewswire/ -- Rabobank International today
 announced the appointment of John J. Ryan as President and Chief Executive
 Officer of its U.S. farm lending subsidiary, Rabo AgriFinance, effective
 October 1, 2008. Mr. Ryan will replace current President and Chief
 Executive Officer, Richard E. Henderson, who earlier this year announced
 his intention to retire in the fall.
     Mr. Ryan will join Rabo AgriFinance from his former role as President
 and Chief Executive Officer of Farm Credit Canada, a position he held from
 1997 until 2007. Farm Credit Canada is the largest provider of business and
 financial services to farms and agribusiness entities in Canada, with a
 total loan portfolio of $14 billion and 1300 employees working from 100
 offices located across the country. During his decade-long tenure, Mr. Ryan
 led the strategic repositioning and expansion of Farm Credit Canada into
 the country's largest agricultural lender, achieving 300 percent growth in
 loans and a considerable increase in profits, as well as the development of
 several new lines of business.
     Rabo AgriFinance provides a full array of financial products and
 services to agricultural producers across the United States, and manages
 assets of approximately $5 billion. Mr. Henderson oversaw the development
 of Rabo AgriFinance into one of the largest agricultural lenders in the
 U.S., since Rabobank's 2003 acquisitions of the two predecessor companies.
     "The organization has benefited tremendously from Rick Henderson's
 seasoned leadership and industry expertise over the past five years," said
 Cor Broekhuyse, Regional Manager for Rabobank International in the
 Americas, "and we are deeply appreciative of his many significant
 contributions and commitment to helping Rabo AgriFinance become a preferred
 lender to America's farmers, ranchers and producers.
     "In John Ryan, we are pleased to have another leader with impeccable
 credentials and experience at the helm of Rabo AgriFinance," Broekhuyse
 continued. "We look forward to John continuing to build on the strong
 foundation established over the past five years, while applying his own
 unique talents and perspective to further strengthen the Rabo AgriFinance
 organization and enhance its role as a valued financial partner to U.S.
 agricultural producers."
     Mr. Ryan brings more than 35 years experience in banking and finance to
 his new role at Rabo AgriFinance, as well as proven organizational
 management skills. Under his leadership, Farm Credit Canada was recognized
 as one of the top 50 employers in Canada for five consecutive years. Before
 becoming CEO of Farm Credit Canada, he spent 25 years with the Business
 Development Bank of Canada (formerly the Federal Business Development
 Bank), where he held a variety of titles, most recently as Executive Vice
 President and Chief Operating Officer.
     "I am extremely pleased and excited about the opportunity to join
 Rabobank AgriFinance," says Ryan. "I look forward to working with Rabobank
 AgriFinance employees to build on the successful track record established
 during Rick Henderson's tenure of providing customer driven solutions to
 farmers and ranchers throughout United States."
     Rabo AgriFinance (www.RaboAg.com), headquartered in St. Louis,
 Missouri, originates and services agricultural loans for farmers and
 ranchers throughout the United States. Rabo AgriFinance offers a
 comprehensive suite of agricultural financial services and crop insurance
 through a network of relationship managers and loan production offices
 across the U.S. With over 300 employees and approximately $5 billion in
 assets under management, Rabo AgriFinance is one of the largest
 agricultural lenders in America.
     From its century-old roots in the Netherlands, Rabobank today is a
 comprehensive financial services provider ranking as one of the 25 largest
 banks in the world and one of the few banks with a AAA credit rating from
 both Standard & Poor's and Moody's Investors Service. In the Americas,
 Rabobank is a specialist in customer-driven solutions in the capital
 markets and structured finance arenas, a community-oriented mid-size
 California bank, a premier financial partner to the entire American food
 and agribusiness industry, and a leading provider of agricultural financing
 products to U.S. farmers, ranches, input suppliers and agricultural

SOURCE Rabo AgriFinance