KBC Group : Changes at the top of KBC Bank Ireland plc
(Thomson Reuters ONE) -
Press Release
Outside trading hours - Regulated information*
Brussels, Dublin - 14 November 2013
Changes at the top of KBC Bank Ireland plc
Yesterday, John Reynolds, current Chief Executive of KBC Bank Ireland, advised
the Board of his desire to leave the bank to pursue other opportunities. The
Board has accepted his decision with regret. The Board has appointed Wim
Verbraeken, currently CFO/COO of KBC Bank Ireland, as Chief Executive, subject
to the approval of the Central Bank of Ireland.
Mr John Reynolds, following 29 years with KBC, four years as Chief Executive,
has informed the board of his decision to leave the bank to pursue further
opportunities. Mr Danny De Raymaeker, Chairman of KBC Bank Ireland, thanked Mr
Reynolds for his capable stewardship during four challenging years and the
successful establishment this year of a retail banking platform. Mr De Raymaeker
wishes him success in the future.
Mr De Raymaeker added: 'I am convinced that, with the support of KBC as a strong
and stable shareholder, Mr Verbraeken and his colleagues leading the bank will
ensure the continued growth, development and future of the bank, to the benefit
of its customers, staff and all other stakeholders'.
KBC has also decided to strengthen the Executive Committee by one additional
member by splitting up the role of Chief Financial Officer/Chief Operations
Officer into two separate positions. Wim's successors as COO and CFO will be
announced/appointed as soon as possible.
Wim Verbraeken (born on 11 July 1960) joined KBC Bank Ireland in July 2013 when
he succeeded Ian Black (who decided to pursue his career elsewhere) as Chief
Financial Officer/Chief Operations Officer. Wim also joined the Executive
Committee and Board of Directors of KBC Bank Ireland.
Mr Verbraeken graduated from the Royal Military School (Belgium) in 1983 with a
degree in civil engineering and obtained an MBA at the KUL (University of
Leuven, Belgium) in 1992. He started his career in 1984 as a Career Officer in
the Belgian Army/Ministry of National Defence before joining KBC (Kredietbank at
the time) in 1992 as Fund Manager for real estate investments. Wim is familiar
with Ireland through his prior assignment as SeniorManager in the Dublin-based
KBC Project Finance unit between 1996 and 2000. He has since held a number of
senior management roles at KBC Bank, including Head of Project Finance, the
Americas, based in New York, and General Manager, KBC Bank Hong Kong Branch.
Before joining KBC Bank Ireland this year, Wim held the position of Senior
Managing Director, with management board responsibility for Credit and ALM in
Absolut Bank, Moscow, until KBC Group divested that entity.
KBC Bank Ireland has been operating in Ireland for 40 years and has been a
member of the KBC group since 1978. It is one of the leading providers of
financial services in Ireland and employs 700 people in Dublin, Limerick, Cork,
Belfast and Galway.
With the support of KBC as a strong and stable shareholder, Mr Verbraeken will
continue to pursue KBC Bank Ireland's strategy and will focus on the continued
growth and development of the bank.
For more information, please contact:
Wim Allegaert, General Manager, Investor Relations, KBC Group
Tel +32 2 429 50 51 - E-mail: wim.allegaert(at)kbc.be
Viviane Huybrecht, General Manager, Corporate Communication/Spokesperson, KBC
Group
Tel +32 2 429 85 45 - E-mail: pressofficekbc(at)kbc.be
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* This news item contains information that is subject to the transparency
regulations for listed companies.
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KBC Group NV
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Viviane Huybrecht Tel. +32 2 429 29 15 can be obtained by sending an
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Corporate E-mail: pressofficekbc(at)kbc.be
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Press Release: Changes at the top of KBC Bank Ireland plc:
http://hugin.info/133947/R/1743138/586248.pdf
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Source: KBC Groep via Thomson Reuters ONE
[HUG#1743138]
Unternehmensinformation / Kurzprofil:
Datum: 14.11.2013 - 07:40 Uhr
Sprache: Deutsch
News-ID 316359
Anzahl Zeichen: 5666
contact information:
Town:
Brussels
Kategorie:
Business News
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