PECDC
PECDC was formed in December 2004 as a credit data pooling initiative primarily designed to assist member banks’ completion of Basel II preparations in their pursuit of Advanced Status for AIRB. Initially it was formed as a loose affiliation of 13 original member banks. PECDC now has the largest commercial loan loss and recovery dataset in existence. Membership has grown from the original base of 13 to a membership of 35 banks at September 2012 and the geographic coverage of the PECDC databases, originally limited to Europe, have been extended to banks in Africa, Australia and North America. In December 2008 PECDC was incorporated as a private not-for-profit legal association, domiciled in The Netherlands under Dutch law.
Role
The role of PECDC is to provide members with an additional credit data collection, analysis and research resource as well as to contribute to a better understanding of credit risk, as put forward in the Articles of Association.
Structure
PECDC is governed by the Board, which comprises 7 members appointed by the General Meeting of members for two years. The board is governed by a chairperson and meets at least quarterly. There is also an Executive Director and an Operational Director appointed by the board and the General Meeting. There is also a methodology committee charged with all methodological aspects, which is appointed by the board.
Non-exective directors
- Richard Crecel, Board Chairman
- Theo van Drunen, Board member
- Simon Ross-Hansen, Board member
- Sylvain Leith, Board member
- Claire Kouwenhoven-Gentil, Board member and Methodology Committee member
- Idar Øseback, Board member and Chairman of Methodology Committee
- Antonio Ruiz, Board member
Senior personnel
- Philip Winckle, Executive Director
- Martial de Bienassis, Operations Director