Philippe Macherel | Certified International Investment Analyst CIIA®
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e-Diploma

We hereby confirm that

Philippe Macherel

has successfully completed the

Certified International Investment Analyst CIIA®

training programme.

Dr. Andreas Jacobs
Dr. Andreas Jacobs

Chairman ACIIA

Dr. Shingo Goto
Dr. Shingo Goto

Chairman International Examination Committee ACIIA

aciia
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Issued Date: 31 Mar 2002
Certificate Id: 9f3462a1cfe2439fa78877390da10669