RICHARD J. SCHIPPER, BSc, BA, MBA, is Information Technology Specialist. He has over 13 years experience in information technology management. He has worked at a senior level in Barclays Bank - Mercantile Credit, Citibank NA, and Salomon Brothers. He has managed international projects involving the design, development and implementation of major information systems, including screen trading for foreign exchange and money market activities, option portfolio management, mutual funds portfolio management, position keeping. Derivative products pricing models, credit risk management systems, back office support systems and management information and decision support systems. Mr. Schipper has organized and implemented an Asia-Pacific regional information technology strategic planning group and assumed direct responsibility for several large-scale systems development projects. He has implemented IT systems solutions for organizations in Frankfurt, Bombay, Singapore, Brunei, Jakarta, Kuala Lumpur, Bangkok, Taipei, Seoul, Hong Kong, Beijing, Tokyo, Manila, Sydney and Auckland. His skills include computer modeling, computer aided software engineering, open systems methodologies, relational database management systems, client server computing and telecommunications. He now heads his own company, Effective Solutions, and is engaged in providing turnkey banking systems. He is working with Admiralty International in its Eastern Europe and emerging markets banking investments.