Jan Vanhevel, KBC Group CEO, to retire. Johan Thijs appointed new CEO
(Thomson Reuters ONE) -
Regulated information* - 28 February 2012 (07.45 a.m. CET)
Jan Vanhevel, KBC Group CEO, to retire
Johan Thijs appointed new CEO
Jan Vanhevel, President of the Executive Committee and CEO of the KBC group, has
expressed his desire to retire from KBC, with effect from the annual general
meeting of 3 May 2012. At that time, he will have spent his entire career of
nearly 41 years with KBC, sixteen as a member of KBC's Executive Committee.
He will be succeeded by Johan Thijs, currently CEO of KBC's Belgium Business
Unit, where he has successfully led KBC's activities in its largest market
through turbulent times.
Thomas Leysen, Chairman of the Board of Directors of KBC Group NV, commented on
the news as follows "KBC Group owes an enormous debt of gratitude to Jan
Vanhevel. He agreed to take the helm in exceedingly difficult circumstances in
2009, postponing the retirement he had originally planned to take in that year.
Since then, and with unconditional dedication to the group, he has led the
conception and implementation of a far-reaching turnaround plan. With the
challenging phase of divestments now drawing to a close, the board has acceded
to Jan's wish to hand over to a new CEO".
Thomas Leysen added: "The Board of Directors has expressed its profound
appreciation to Jan Vanhevel. The fact that KBC has survived as an independent
banking and insurance group is in no small measure thanks to Jan's tireless
efforts".
Jan Vanhevel commented on his decision as follows : "I have had the privilege of
working for nearly 41 years for one of the finest international groups with
headquarters in Belgium and a strong presence in Central and Eastern Europe, a
group with strong fundamentals, a focused strategy and healthy bancassurance
business model, a strong liquidity and comfortable solvency position and
dedicated and supportive key shareholders. But above all, I have been lucky to
work with very fine, highly motivated and professional managers and colleagues
around the group, especially the colleagues of the Executive Committee. I have
the feeling now, that after some very turbulent years, the group is regaining
solid ground and that I can safely leave it in the hands of my successor who is
ready to lead the group into the future. On a personal note, I will now have
more time to focus first and foremost on my family and friends".
Jan Vanhevel (°1948) holds a Doctorate in Law and a Master's Degree in Notarial
Sciences from K.U.Leuven (Belgium). He began his career at the Kredietbank NV in
the summer of 1971 in the Legal Division. From 1972 to 1994, he held a number of
increasingly senior positions in the bank and also taught financial law at the
Handelshogeschool in Antwerp. He became General Manager of the IT division in
1994, a member of the Executive Committee of the Kredietbank in 1996 and of KBC
Bank NV and KBC Group NV in 1998. From November 2005 until 2008, he was also
President of the Belgian Bankers' Association and of Febelfin.
In 2006, he was appointed CEO of the Central & Eastern Europe and Russia
Business Unit of KBC Group, and in 2009, CEO of the whole group.
Having received advice from the Nomination Committee, the Board of Directors of
KBC Group NV has appointed Johan Thijs to succeed Jan Vanhevel as CEO of KBC
Group, with effect from 3 May 2012.
Thomas Leysen commented on that decision as follows: "With Johan Thijs, the
board has chosen an energetic leader with a proven track record of success
throughout his career. With the support of his colleagues in the Executive
Committee, I believe he will lead KBC to a new level of performance".
Johan Thijs (°1965) has a university degree in Applied Mathematics and Actuarial
Sciences (K.U. Leuven (Belgium). He started his career in 1988 at ABB Insurance
where he held various actuary positions in life and non-life insurance. From
1990 to 2000, he held a number of increasingly senior positions in KBC
Insurance, the last being Senior General Manager, Non-Life Insurance. As of
2006, he was also a member of the Management Committee of Belgium Business Unit,
managing both banking and insurance. In 2009, he was appointed to the Executive
Committee of KBC Group as CEO of the Belgium Business Unit, leading all retail
banking and insurance activities in KBC's largest market.
The appointment of the new CEO is, as usual, subject to the approval of the
Belgian financial regulator.
The successor to Johan Thijs will be announced before the General Shareholders'
meeting.
Note for the editor :
Photographs of Jan Vanhevel and Johan Thijs are available from the KBC Group
Press Office (pressofficekbc(at)kbc.be).
The CVs and photographs of the current members of the Executive Committee of KBC
Group are
Available at www.kbc.com (see Corporate Governance section)
* This news item contains information that is subject to the transparency
regulations for listed companies.
Press release:
http://hugin.info/133947/R/1589462/499142.pdf
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Source: KBC Groep via Thomson Reuters ONE
[HUG#1589462]
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Datum: 28.02.2012 - 07:46 Uhr
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