Since its establishment in 2009, Axesor has been a founding partner of the European Association of Credit Rating Agencies (EACRA). This organisation's mission is to open communication and cooperation channels between European rating agencies, supervisors and regulators, and the financial community. We are pleased to inform you that as of 02 April 2014, Axesor has increased its participation in this important European association by becoming a member of its Board of Directors. In this respect Adolfo Estévez, Director of Axesor Rating, took the role of General Secretary of EACRA in June 2014. His new responsibilities include the definition of future strategic guides for the association, as well as the acceptance of new partners.