02/01/2013
Dexia creates a smaller board
Dexia will create a reduced board of directors, as the bank had recently announced at an extraordinary general shareholders’ meeting. The new board of directors, with effect from 31 December, will shrink from 16 to 9 members, 5 Belgiand and 4 French, according to a statement released on the evening of 27 December. The deputy director is the Belgian Kael de Boeck and the chairman of the board of directors is the Frenchman Robert de Metz. The number of independent administrators remains three. The board of directors of Dexia has confirmed the resignations of Gilles Benoist, Brigitte Chanoine, Christian Giacomotto, Antoine Gosset-Grainville, Bernard Herman, Catherine Koop, Oilvier Mareuse, Claude Piret, Bernard Thiry and Marc Tinant from their positions as directors. The six remaining directors will be assisted by the Belgians Paul Bodart and Alexandre de Geest, and the Frenchman Hervé de Villeroché, who join the board. The general shareholders’ meeting of Dexia has yet to approve their final appointments. Bodart works at the Bank of New York Mellon, while De Geest is director at SPF Finance, and de Villeroché is an attaché to the office of the general director of the treasury at the French ministry of economic affairs. On 14 December, Bert Bronselaer was appointed to the board. He is chairman of Royal Park Investments, the vehicle which contains structured credit for Fortis Bank. From 31 December 2012, pending approval for a capital increase, the board of directors at Dexia SA will consist of the following members: - Robert de Metz, chairman, independent director, - Karel De Boeck, deputy director, - Paul Bodart, independent director, - Olivier Bourges, non-executive director, - Bart Bronselaer, independent director, - Alexandre De Geest, non-executive director, - Philippe Rucheton, executive director, - Koen Van Loo, non-executive director, and - Hervé de Villeroché, non-executie director.
