| Safra National Bank of New York Names Alan Bozian Senior Executive VicePresident, Chief Financial Officer and Global Treasurer 
 
 NEW YORK, Dec. 6 /PRNewswire/ -- Safra National Bank of New York today announced that Alan Bozian, a professional highly experienced in global financial management, will be joining the Bank in the position of Senior Executive Vice President and Chief Financial Officer.  In addition, Mr. Bozian will serve as Global Treasurer for the Safra Banking Group.
 
 Mr. Bozian brings to Safra National Bank of New York and the Safra Banking Group twenty four years of banking experience at UBS AG (Union Bank of Switzerland), where he served as Global Co-Head of Short Term Interest Rates. Prior to that at UBS AG, he held the position of Global Treasurer, responsible for UBS' worldwide treasury, securities borrowing and lending, money market, and repurchase agreement products.  Mr. Bozian also served as UBS AG's Deputy Chief Executive for North America.
 
 At Safra National Bank of New York, Mr. Bozian will oversee all global finance functions, including treasury management and trading.
 
 "I am delighted to be joining Safra National Bank of New York and the Safra Banking Group," said Bozian.  "The Safra Banking Group stresses safety, a strong capital foundation, and the ability to serve its clients financial needs in different banking and money markets around the world.  Key to this service is preservation of the Safra client's capital and this means managing these funds in a manner that reduces risk while producing appealing returns. I look forward to bringing my expertise to the ongoing growth of Safra National Bank of New York and the Safra  Group."
 
 Prior to joining Safra and following his career at UBS AG, Mr. Bozian was Chief Financial Officer and Executive Vice President at SmartServ Online (R), Inc. (Nasdaq: SSOL), an applications service provider which offers complete systems to extend financial and m-commerce businesses to the Web  and wireless marketplace.
 
 About Safra National Bank of New York
 
 Safra National Bank of New York is a major international provider of private banking, asset management and related financial services to high- net-worth individuals, middle-market and large businesses.  It is among the 15 largest New York area banks.  Consistent with the Safra banking philosophy, Safra National Bank of New York is part of a global network of Safra banks. In addition to Safra National Bank of New York and its offices, this network of banks includes: Banco Safra S.A. (Brazil), Bank Jacob Safra (Switzerland), Banque Safra-Luxembourg, Safra International Bank (Bahamas), and the First International Bank of Israel Ltd. (FIBI).  The combined assets and shareholder equity of this network of Safra banks as well as Safra's non-banking companies total $62.7 billion and $3.9 billion respectively.
 
 SOURCE  Safra National Bank of New York
 
 CO:  Safra National Bank of New York; SmartServ Online, Inc.
 
 ST:  New York
 
 IN:  FIN
 
 SU:  PER
 
 12/06/2000 10:23 EST prnewswire.com
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