B&D Food Corp. Has Hired Mr. Moges Chemere, the Former President and General Manager of the Ethiopian Bank of Development, to Ac
02 Avril 2008 - 8:52PM
PR Newswire (US)
NEW YORK, April 2, 2008 /PRNewswire-FirstCall/ -- B&D
(OTC:BDFC.OB) (BULLETIN BOARD: BDFC.OB) , operating in the food and
beverage industry, specializes in growing, trading, roasting and
distribution of top quality Arabica coffee and related products
worldwide today announced that it has hired Mr. Moges Chemere, the
former president and general manager of the Ethiopian Bank of
Development, to act as CFO of BDFC Ethiopia. A native Ethiopian,
Mr. Chemere, is expected to be an important asset to the Company,
bringing many years of experience in the Ethiopian and
international financial markets. Mr. Moges Chemere -- short CV --
LLB from Addis-Ababa University -- MBA from London Open University
-- Manager of Human Resources certificate from London Open
University -- Senior Management certificate from London Open
University Mr. Chemere has spent the past two decades climbing the
executive ranks of the Ethiopian Bank of Development and served as
President and General Manager for the past 12 years. The Bank of
Development is the second largest bank in Ethiopia and focuses
mainly on project financing in Ethiopia. Mr. Chemere is an expert
on project feasibility and financing. Throughout his career he has
overseen all stages of project initiation and realization. As well,
Mr. Chemere sat on the board of directors of many large Ethiopian
Companies, among them: -- Batu Construction Enterprise -- Fafa Food
Factory -- Walya Transport -- Teremadege Oil Factory BDFC Ethiopia
is currently planting Babiya Coffee Farm and expects to begin
construction of a large coffee processing factory. Mr. Chemere is
instrumental in generating the financial and local expertise and
experience necessary for these projects. Safe Harbor Statement This
announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates," 'confident' and similar statements. Among other
things, expectations about the Brazilian coffee and food market and
quotations from management in this announcement contain
forward-looking statements. Statements that are not historical
facts, including statements about B&D Food Corp's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties that could
cause actual results to differ materially from those contained in
any forward- looking statements. Further information regarding
these and other risks is included in our annual report on Form
10KSB and other documents filed with the Securities and Exchange
Commission. All information provided in this press release is as of
September 24, 2007 and B&D Food Corp. undertakes no duty to
update such information, except as required under applicable law.
http://www.bdfcorp.com/ DATASOURCE: B&D Food Corp. CONTACT:
B&D Food Corp., +1-212-937-8456, or Fax, +1-212-412-9034, Web
site: http://www.bdfcorp.com/
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