Sylvie Solignac Chairman of the Board of Directors of the Global Payments Company Eurogiro

COPENHAGEN, May 17, 2011 /PRNewswire/ --

- Sylvie Solignac, was Elected as Chairman of the Board of Directors on 10 May 2011

Sylvie Solignac holds the position as Head of International Office at La Banque Postale in France and has been on the Eurogiro Board since 2009. However, Sylvie Solignac was already a key person in the foundation of Eurogiro in the early nineties. As Marketing Manager of International Services at La Poste in France, she was La Poste's representative on the Eurogiro Steering Committee. Since then, Sylvie Solignac headed the Paris Giro Centre (which executes large bulks of domestic payments) and has been closely involved in the agreement process of the French postbank. Sylvie Solignac has an exceptionally broad understanding of the payment financial markets domestically and cross border, both within Europe and in other regions of the world. She understands the particular role the posts can play, for instance in strengthening infrastructure and financial inclusion. Mastering the languages of French, English, Russian and Arabic she will have a rare ability to foster the dialogue and mutual understanding across cultures that is essential for a global community like Eurogiro.

Sylvie Solignac succeeds Armin Brun, Swiss Post, PostFinance as chairperson on the Board. "Armin Brun" says Sylvie Solignac "was an excellent chairman of Eurogiro. In his two years term, Eurogiro expanded its global reach in especially in Asia, introduced the first multilateral agreement framework in correspondent banking, and moved to become a carrier of SEPA payments next to maintaining its global payments & remittance portfolio. The support from Swiss Post under the chairmanship of Armin Brun was extraordinary. Being one of the largest senders in Eurogiro, Swiss Post supported the business development in many ways, participating in most community working groups, sharing experts with the Eurogiro company in many levels and being an open-minded, very competent and engaged chairman."

Quoting the Eurogiro CEO, Tjeerd Rienstra, "Sylvie Solignac has the perfect profile to develop and lead Eurogiro in its mission to be the bridge between banks and posts across the globe". Her organization has been transformed from post to bank, its international business been developed under her lead and she has very strong relations to postal organizations and banks. She can bring Eurogiro forwards in a period where the posts can be a critical factor in growing workers' remittances around the globe, making formal channel more attractive by offering trust, good products and local presence."

La Banque Postale (http://www.labanquepostale.fr)

La Banque Postale, the banking subsidiary of the La Poste group, is a unique and special bank operating in the French retail banking market. As an institution that is faithful to its core values: acting in the general interest, confidentiality and closeness to its customers, La Banque Postale puts welcoming all its customers at the heart of its business. It supports its retail and corporate customers by providing a sustainable banking relationship, with an accessible and reasonably-priced range of products and services. It is continually adding to its product range, specifically through relying on the expertise of its subsidiaries and partners, thus entering new areas. La Banque Postale is accessible 24/7, anywhere, any time.

Eurogiro, founded in 1993 by twelve European postal organisations, is a Danish commercial company whose aim is to support and develop worldwide business relating to cross-border payments related to retail and wholesale financial services. The Eurogiro community of members is the driver of business and new developments in cooperation with partners. Over the last twenty years, the company has evolved from a platform formed by postal organisations and banks into a trusted partner for cross-border payments at a global level, processing over 32 million transactions every year.

    Eurogiro Contact:

    Tjeerd Rienstra
    CEO, Eurogiro A/S
    Phone: +45 4371 2772
    [email protected]

SOURCE Eurogiro