Salvatore Chiappinelli has replaced J í¶rg H íbner as president of Vefi, the Swiss forfaiters” association. Híbner has called it a day after many “enjoyable” years heading up the body. He has also stepped down from the Central & Eastern Europe Regional Committee of the International Forfaiting Association (IFA).

H íbner is head of forfaiting at Credit Suisse First Boston in

  • Zurich, while Chiappinelli is CEO of SFC Swiss Forfaiting, also in Zurich.