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27 / 49

24. Mr. Narciso Muñoz

President, CNV, Argentina  

Born in 1947, holds a BBA degree, Catholic University of Argentina.

He has 32 years of working experience, mainly in the following fields:

FINANCE:

Junior Manager, Banco Ganadero Argentino.

Advisor to the Board of Directors of the Banco de la Provincia de Buenos Aires

Director New Business Development, Banco UNB.

Chairman FOGABA S.A. (similar to the American Small Business Administration specifically for the Province of Bs.As.)

INDUSTRY:

Director New Business Development, SASETRU Food Group & ASTRA Oil Company.

SOCIAL SECURITY:

C.E.O. and C.F.O.  FUTURA AFJP (an Argentine pension fund)

NATIONAL GOVERNMENT:

President, Social Assistance National Commission.

Member of Commission 301, The Commission aim was to propose solutions to the legal and economic conflict between the Argentine Government and Aeropuertos 2000 (Concessionaire of Argentina’s Airports)

AT PRESENT: Chairman of the Securities & Exchange Commission of Argentina (Comisión Nacional de Valores)

December, 2002

A Regional Seminar on the Development on Non-Bank Financial Institutions in Latin America Region

Santiago- Chile

12/4/2002Page 27 of 49

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