Washington D.C., August 3, 2012 — The Institute of International Finance today announced that Jeffrey Anderson has been promoted to Senior Director for European Affairs. IIF Managing Director Charles Dallara stated, “I am delighted to announce the promotion of Jeffrey Anderson at a time when the IIF’s work program in Europe has never been as great or as demanding. Jeff will work closely with IIF Deputy Managing Directors Hung Tran and Phil Suttle in advancing the IIF’s policy initiatives and special analysis related to developments in Europe, especially with regard to the debt crisis.”

Mr. Dallara went on to explain that, “This new senior position will participate in a collaborative effort to develop selective analyses and engage in key policy dialogues with both member firms and key officials on issues arising from the Eurozone crisis, as well as related issues regarding Central and Eastern Europe.” Mr. Anderson, who has served as the Director of the Institute’s European Department for the past 21 years, has over 30 years of experience providing macroeconomic analysis and sovereign risk assessments. He joined the IIF in 1984, holds an MA in European Studies from the Johns Hopkins University School for Advanced International Studies and has bachelor’s degrees in Economics and International Studies from Miami University.

At the same time, the Institute also announced the promotion of Lubomir Mitov, a Bulgarian native, who has been named Chief Economist for Europe at the Institute of International Finance. Mr. Mitov, who has held senior positions in the IIF’s European Department for the past 16 years, holds a PhD in Economics from the Moscow State University for International Economic Relations.

On announcing the appointment, IIF Deputy Managing Director and Chief Economist Philip Suttle said, “Lubomir Mitov is an exceptional economist who has been analyzing developments across Europe for many years. He becomes Chief Economist for Europe at a time when the region is experiencing a period of significant instability and the IIF plans to deepen its analysis of regional economic developments under Lubo’s leadership.”