Jerome Lienhard, senior vice president, investment funding at Freddie Mac, was an important Euromarket figure even before joining the US mortgage agency in 1999.
He had been corporate treasury manager at Toyota Motor Credit Corporation.
Under Lienhard, TMCC was one of the most sought-after clients in the market, issuing several benchmarks.
Although its issuance needs were not huge, Lienhard's cheery disposition and reputation for innovation had coverage officers beating a path to his door.
Lienhard's arrival at Freddie Mac marked a departure for the issuer.
It had already followed Fannie Mae's lead in setting up a calendar-based funding programme - this year is the fifth since Reference Notes began - but despite being one of the largest borrowers in the market, Freddie had a low international profile.
Lienhard changed that. During his tenure at Freddie Mac he has supervised the introduction of the EuroReference Note and the auctions for Reference Notes.