On the occasion of Mr. Hammer’s ending his membership in the Board of Directors of ACAD Finance Company, which lasted over five years, the Chairman of the Board of Directors Mr. Adnan Faramand in the presence of the Board members honored Mr. Jurgen and handled him a plaque that represents the friendship and partnership between him and ACAD Company. Faramand noted that Mr. Jurgen played a major role in the establishing of ACAD Company, encouraging international investors to support ACAD Company, and stressing that he is one of the most recognized international experts in the field of social performance management in small and microcredit institutions.