German Bank Exec to Speak at Jampro Forum



NYSSEN… among several international speakers


HEAD of the Structured Export Finance Hub at European banking powerhouse, Commerzbank AG, Jacques Nyssen, is one of several international speakers scheduled for the Jamaica Promotions Corporation (Jampro) 2015 Jamaica Investment Forum (JIF) to be held March 10-12 at the Montego Bay Convention Centre in St James.

The Jampro event is Jamaica’s premier international investment and business conference, designed for eager investors and business executives who want to discover business opportunities and industry developments, learn about alternative emerging opportunities and discuss Jamaica ’s business climate.

Nyssen says he feels it is part of his duty to use the opportunity to share with others his two decades of “loyal and agreeable” partnership with Jamaica.

Commerzbank structured the financing of the Half-Way-Tree Transport Centre, as well as over 800 Volvo-Jonckheere buses for the Jamaica Urban Transit Company, which have been delivered and are on the roads of Kingston since 1995.

“We have also financed maintenance/workshops for the buses in and outside of Kingston,” Nyssen added.

“The partnership is mainly (even if not only) in the field of the reconstruction and restructuring of the public transport system in Jamaica since the early 1990s. We had also a close partnership with Port Authority of Jamaica for the financing of the dredging of the Port of Kingston,” he stated.

Prior to leading the Structured Export Finance Hub which manages contract negotiations with foreign trade partners, Nyssen was a senior vice-president at Commerzbank Belgium.

Fluent in French, English, Dutch and German, he is a board member and member of the executive committee of the Chamber of Commerce Belgium-Luxembourg — Africa-Caribbean-Pacific and is a former president of the Belgian Caribbean Business Club.

He is an advisor on foreign trade to the Belgian Government and has been active in financing Belgian projects in Jamaica since 1995.

Commerzbank is a leading international commercial bank, with branches and offices in more than 50 countries. It finances more than 30 per cent of Germany ’s foreign trade.

Published Date: 
Monday, February 16, 2015