Executive Changes

Corillian Corporation, a Portland, Ore.-based global provider of eFinance solutions for the Internet, announced that its board of directors has promoted the company's president, Alex Hart, to interim chief executive officer. Hart replaces Ted Spooner, the company's founder and previous CEO, who has been appointed chairman of the executive committee of the board of directors. Spooner will also assume the newly created role of chief corporate strategist in which he will provide Corillian's executive management with assistance, guidance and direction on long-term industry and corporate issues. Corillian will initiate a formal CEO search and begin attracting and evaluating qualified candidates immediately. Hart, who is a candidate in the CEO search, joined Corillian in April 2000 as executive vice president of corporate development and has served as the company's president since January 2001.

---------------------------------------------------------------------------------------

ABN AMRO Bank's Global Trade & Advisory group has hired two new directors for its global management team. Carl Stocking, executive director, will head the North Asia sales team, which spans Hong Kong, China, Korea, Japan and Taiwan, and Rolf Markus Berweger, executive director, will head sales in Europe, the Middle East and Africa. Stocking and Berweger will report directly to Daniel Cotti, Global Head of GT&A, based in Amsterdam. Based in Singapore, Stocking will be responsible for driving and supporting the business' strategic expansion, focusing on innovative Web-based trade solutions and further development of the vendor finance program. Stocking will also play a leading role in the expansion of the business' rapidly growing financial institution insourcing business in Asia. Berweger, based in Zurich, will be responsible for expanding ABN AMRO's market share in its European home market, the Netherlands, and throughout the region through a new cross-EU offering and further expansion of GT&A's technology-based solutions.

---------------------------------------------------------------------------------------

City Networks Inc., a New York-based provider of software and services to the treasury, securities and derivatives markets, has named Ken O'Brien vice president for North American Sales. O'Brien brings with him over ten years of experience in the financial services industry, specifically in the back office operations field and in the treasury market. He was most recently managing director for Sales and Operations in the Americas at FNX Limited, where he spent 8 years and held various senior roles including product manager for Back Office Operations.