Composition of the Board of Directors

The authority and responsibilities of the Board of Directors are described in the Internal Rules of the Board of Directors..

On behalf of all shareholders and on the proposal or advice of the Management Board, the Board of Directors lays down the strategy and general policy of the company and the Dexia Group. It also sets the Group’s standards and monitors the implementation of that strategy.

It controls and gives direction to the management of the company and the Group and provides monitoring of risks.

It also ensures that the principles of good governance are respected.

The board’s acts are guided solely by a concern for the interests of the company in relation to the entirety of its shareholders, its customers and staff.

  • Gilles Denoyel - 4 August 1954 - 64 years old, French

    Independent director
    Term of mandate: 2018-2022
     
    Chairman of the Board of Directors of Dexia
    Chairman of the Board of Directors of Dexia Crédit Local

    Main function

    Chairman of the Board of Directors

     
    Specialized committees: Chairman of the Appointments Committee - Member of the Remuneration Committee

     

    Other functions

    Chairman of the BGD Conseil, Senior advisor to Bain Consulting and Operating Partner to Advent International

     

    Biography

    Gilles Denoyel is graduate of the Ecole des Mines de Paris, IEP de Paris and ENA.

     Principal fields of expertise : finance, market operations and mergers and acquisitions

     

  • Wouter Devriendt - 10 April 1967 - 51 years old, Belgian

    Executive Director
    Term of mandate: 2016-2020


    Chairman of the Management Board of Dexia
    Director and Chief Executive Officer of Dexia Crédit Local

    Main function

    Chief Executive Officer, Chairman of the Management Board of Dexia SA and Chief Executive Officer of Dexia Crédit Local SA

    Other functions

    Biography

     
    Wouter Devriendt holds a MBA from the Rotterdam School of Management (1992) as well as a Master’s degree in Applied Economic Sciences from the Catholic University of Leuven in Belgium (1989). Since May 2016, he is Chief Executive Officer, Chairman of the Management Board of Dexia SA and Chief Executive Officer of Dexia Crédit Local SA. From 1993 to 2011, he gained over 18 years of international banking experience in a variety of roles across the wholesale banking network of ABN AMRO (Amsterdam, Prague, Houston, Ecuador, Sydney and London) and then Fortis (Brussels and Amsterdam), and in the private equity sector managing portfolios of companies.  2011 to  2011 to 2016, Wouter Devriendt has, amongst others, been an independent advisor to the Federal Holding and Investment Company, responsible for the management of the Belgian State’s financial sector investments.
    From 2014 to 2016, he was a member of the General Council of the Hellenic Financial Stability Fund (HFSF) whose objective is to contribute to the stability of the Greek banking system, for the sake of public interest.
    Principal fields of expertise: finance & banking, financial risk management, leadership and management of institutions

  • Giovanni Albanese - 22 February 1959 - 59 years old, Italian

    Executive Director of Dexia
    Term of mandate: 2018-2023
     
    Director of Dexia Crédit Local

    Main function

    Chief Risk Officer

     
    Member of the Management Board

    Biography

    ​Giovanni Albanese has sound experience in risk management, acquired within the Unicredit Group, and over the last twelve years has occupied various posts in different risk management fields. Before that, he worked at McKinsey and with various firms of consultants. He has a degree in Engineering from the La Sapienza University in Rome and the University of South California, as well as MBA from the University of Bocconi.

     

  • Bart Bronselaer - 6 October 1967 - 51 years old, Belgian

    Independent director
    Term of mandate: 2017-2021

    Director of Dexia Crédit Local
    Specialized committees: Chairman of the Risk Committee • Member of the Audit Committee

    Other functions

    Director of Alpha 11 Inc., Alpha 11 Europe, Right Brain Interface, Independant director of United Pensions OFP
    Director of the private foundations: Gh. Piot et Le Bois Clair
    Member of the Board of the non-profit-making associations: Katholiek Onderwijs Kessel-Lo and Abbaye d’Oignies

    Biography

    Mr Bart Bronselaer holds a degree in industrial engineering (Group T - Louvain), as well as a master’s degree in information sciences (VUB) and a master’s degree in business administration (MBA – UC Louvain). The major part of his career (1993-2003) was spent with Merrill Lynch International in London, where he held various positions, the last chronologically as Head of Debt Capital Markets for Europe, the Middle East and Africa. There he had the task of structuring and selling financial solutions to various clients, such as financial institutions, industrial companies and public bodies. In 2003, he became an  independent expert in financial services.
     
    Principal fields of expertise: financial markets, finance, structured finance, derivatives, strategy.
     

  • Alexandre De Geest - 5 February 1971 - 47 years old, Belgian

    Non-executive Director
    Term of mandate: 2017-2021

    Director of Dexia Crédit Local
    Specialized committees: Member of the Risk Committee - Member of the Remuneration Committee

    Main function

    Director of Treasury of the Belgian Federal State (SPF Finances)

    Other functions

    Director of the Silver Fund

    Biography

    Mr Alexandre De Geest is a graduate in law from the Catholic University of Louvain and the Free University of Brussels. He has been a Director of numerous companies including Gazelec (2004-2005) and the Silver Fund since 2003. He was an Adviser to the Cabinet of the Federal Minister of Finance from 2000, then an Adviser to the Cabinet of the Federal Minister of Foreign Affairs in 2011. He has been Director of Treasury (SPF Finances) since 2012.
     
    Principal fields of expertise: financial markets, finance, taxation.

  • Martine De Rouck - 12 August 1956 - 62 years old, Belgian

    Independent Director
    Term of mandate : 2017-2021

    Director of Dexia Crédit Local
    Specialized committees: Member of the Audit Committee - Member of the Appointments Committee - Chairman of the Remuneration Committee

    Other functions

    ​Non-executive Director of Orange Belgium

    Biography

    Martine De Rouck is holder of a Master’s degree in Mathematics from the Vrije Universiteit Brussel (VUB) and in Actuarial Science from the Free University of Brussels (ULB), Martine De Rouck has spent her entire career in the banking sector. In 1978 she joined Générale de Banque, where she held various posts, including that of Director General in the Marketing department and Head of Marketing for the Brussels Region. At Fortis Bank, she held the posts of Chairman of the Board of the e-Banking for France from 2000 and Head of Marketing for the retail bank. In 2003, she became CEO and Managing Director of the Banque de la Poste, and the BCC Corporate in 2009. In 2010 she became Head of Fraud Prevention of BNB Paribas Fortis. She was director of different companies of the Group BNP Paribas Fortis. She is a non-executive director of Orange Belgium.

    Principal fields of expertise : finance, audit, fraud prevention, operational risk, risk management and HR

  • Bertrand Dumont - 2 July 1973 - 45 years old, French

    Non-executive Director
    Term of mandate: 2018-2023
     
    Director of Dexia Crédit Local

    Main function

    D​eputy Director General of the Treasury (France)

    Biography

    Bertrand Dumont is a graduate of the Ecole Nationale d’Administration (ENA), the Institut d’Etudes Politique de Paris (IEP) and the Ecole Normale Supérieure Ulm. He began his career in 2001 in the Agence France Trésor where he held the posts successively of Deputy of the Secretary General of the "Club de Paris" and Head of Cash Management. He joined the International Monetary Fund (Washington DC) in 2005, where he was appointed Advisor and he became Alternate Executive Director for France in 2006. In 2007 he has been appointed Advisor for international and European affairs of the Cabinet of the Minister of Economy, Industry and Employment (Paris). In 2010, he became Advisor in charge of multilateral financial affairs to the Cabinet of the Vice-President of the European Commission in charge of the internal market and services (Brussels), where he was appointed Coordinator to the Cabinet in 2014. From 2015 till 2017 he joined HSBC France (Paris) as Head of Prudential Management. From 2017 till 2018, he was Deputy Director to the Cabinet of the Minister of Economy, Finance and Industry (Paris). Since 2018, Bertrand Dumont has been Deputy Director General of the Treasury.

  • Thierry Francq - 30 April 1964 - 54 years old, French

    Non-executive Director
    Term of mandate: 2017-2021
     
    Director of Dexia Crédit Local
    Specialized committees: Member of the Audit Committee - Member of the Appointments Committee

    Main function

    Deputy Commissioner General for Investment (Ministry of Economy)

    Other functions

    Biography

    Mr Thierry Francq is an Ecole polytechnique and Ecole nationale de statistiques et d’administration économique (ENSAE) graduate. He began his career in 1988 in the direction de la prévision (Ministry of the Economy, Finance and Industry), as Deputy Head of the Foreign Bureau and then of the Financial Transactions Bureau. In 1992, he joined the Treasury department where he was Deputy Head of the Housing Financing Bureau and, as of 1995, Head of the Bureau in charge of French policy regarding the International Monetary Fund (IMF), the international financial system and the preparation of the G7 summits. From 2000 to 2002, he held the position of Deputy Head in charge of the regulation of insurance companies, products and markets and then, from 2002 to 2004, Deputy Head of the State holding department before being appointed Head of Economy Financing at the French Treasury. In March 2009, he was appointed General Secretary of the Financial Markets Authority (AMF). From December 2012 to September 2013, he was Executive Adviser to the CEO of the French Treasury. On 7 October 2013, he was appointed Deputy Commissioner General for Investment.
     
    Principal fields of expertise: economics, financial regulation and administration

  • Véronique Hugues - 28 May 1970 - 48 years old, French

    Executive Director of Dexia
    Term of mandate: 2017-2021
     
    Member of the Management Board of the Dexia Group
    Director and Executive Vice-President of Dexia Crédit Local
     
     
     

    Main function

    Member of the Management Board of the Dexia Group

    Director and Executive Vice-President of Dexia Crédit Local

    Biography

    Véronique Hugues holds a dual Masters in Financial Markets from Paris IX Dauphine University and Johan Wolfgang Goethe University in Frankfurt. She started her career at Deutsche Bank in Paris in the ALM department and joined Dexia Group in 2001 to manage long-term financing. She took over financial communication in 2009 then became responsible for Financial Management, and a director of Dexia Kommunalbank Deutschland and of Dexia Sabadell in 2013. She was Deputy CFO of Dexia Group and a member of the Group Committee of Dexia SA from 2014 to 2016. She also manages several different transversal projects within the Finance support line as part of this mandate. Since June 2016, she's Chief Financial Officer and Member of the Management Board of the Dexia Group and Director and Executive Vice-President of Dexia Crédit Local.
    Principal fields of expertise : economy, financial regulation & administration
     

  • Alexandra Serizay - 31 March 1977 - 41 years old, French

    Independent director
    Term of mandate: 2017-2021

    Director of Dexia Crédit Local
    Specialized committees: Chairman of the Audit Committee

    Main function

    Head of Global Strategic Planning Corporate Services of SODEXO

    Biography

    Alexandra Serizay is a graduate of ESSEC business school. She began her career in 1997 as an internal auditor at France Télécom Transpac, then joined Deutsche Bank in London in 1999 as business manager working in mergers & acquisitions. In 2004, she joined Bain in Paris and became a manager in 2007. In 2011, she moved to HSBC France, first as a member of the Executive Committee of HSBC France, in charge of strategy, and then, in 2013, she became General Secretary and a member of the Executive Committee of RBWM (Retail Bank & Wealth Management) and director in charge of customer developpement and offers in 2016. She joined the company SODEXO in September 2017 as Head of Global Strategic Planning Corporate Services.

    Principal fields of expertise : audit and finance, mergers and acquisitions, strategy, digital transformation, risk management 

  • Michel  Tison - 23 May 1967 - 51 years old, Belgian

    Independent Director
    Term of mandate: 2016-2020

    Director of Dexia Crédit Local
    Specialized committees:
    Member of the Remuneration Committee
    - Member of the Risk Committee - Member of the Audit Committee

    Main function

    ​Professor of finance law and Dean of the Faculty of Law - Ghent University

    Biography

    Michel Tison, Doctor of Law, has been, since 1998, Associate Professor, and then, since 2008, Professor at the University of Ghent. He is the author or co-author of many publications regarding banking and financial law. From 2001 to 2014, he was an independent Director and Chairman of the Board of Directors of Aphilion Q2 (UCITS) and from 2005 to 2014, a member of the Audit Committee of the hospital of the University of Ghent. Since 2005, he has been an assessor for the “legislation” department of the Council of State.
    Principal fields of expertise : banking and finance law, audit

  • Koen Van Loo - 26 August 1972 - 45 years old, Belgian

    Non-executive director
    Term of mandate: 2017-2021
     
    Dorector of Dexia Crédit Local
    Specialized committees: Member of the Appointments Committee

     

    Main function

    Chief Executive Officer and member of the Strategy Committee of the Federal Holding and Investment Company

    Other functions

    Director of Capricorn ict arkiv SA/NV, certified SA/NV, kasteel cantecroy beheer SA/NV, Ginkgo fund II SCA, Fund Performa Key de inovacao 

    Biography

    Koen Van Loo is graduate in applied economics. After gaining a degree in taxation, he began his career as Deputy Adviser to the Central Economic Council. In September 1999, he joined the Office of the Belgian Minister of Finance as an expert. In November 2000, he was appointed Adviser to the Cabinet and was then head of the Cabinet from May 2003 until November 2006. He was then appointed Chief Executive Officer and a Member of the Strategy Committee of the Federal Holding and Investment Company.
     
    Principal fields of expertise: financial analysis, accounting, taxation and strategy.