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.

  • Robert de Metz - 3 January 1952 - 66 years old, French

    Independent director
    Term of mandate: 2014-2018

    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 - Chairman of the Remuneration Committee

    Other functions

    Director: Média-Participations S.A
    Chairman of the Board of Directors: Solocal Group SA
    Chief Executive Officer: Bee2Bees SA (Brussels) and La Fayette Management Ltd
    Member of the Executive Committee: Fondation pour les
    Monuments Historiques.

    Biography

    Mr Robert de Metz is graduate of the Institut d’études politiques de Paris (IEP) and is a former student of the Ecole nationale d’administration (ENA). He began his career in the General Finance Inspectorate. He joined Banque Indosuez in 1983, occupying positions in Hong Kong and France before joining Demachy Worms & Cie. Active with Paribas from 1991, he performed numerous tasks, particularly mergers-acquisitions, before his appointment as a member of the Management Board, responsible from London for interest rate, exchange and derivatives markets. He was a director at Cobepa from 1993 to 1999. Between 2002 and 2007, he was Deputy Managing Director of the Vivendi Group in charge of mergers-acquisitions and strategy. In 2014 he joined the Board of Directors of the Solocal Group.

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

  • Gilles Denoyel - 4 August 1954 - 63 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

  • Johan Bohets - 13 September 1971 - 46 years old, Belgian

    ​​Executive Director of Dexia
    Term of mandate: 2016-2020

    Director of Dexia Crédit Local

    Main function

    Chief Risk Officer

    Member of the Management Board

    Other functions

    Non Executive Director of Pinnacle Investments NV, Manager of Moirai Management SPRL, Director of Keyware Technologies SA

    Biography

    Johan Bohets holds a Master’s in Law and a postgraduate degree in Finance from the Catholic University of Leuven and a Master’s degree in Finance from Solvay. After practicing as a lawyer, he joined the European Investment Fund in 2005. He then joined Dexia in 2006 as Head of Legal for the Mergers & Acquisitions department. He was appointed Deputy Secretary General in 2009. In 2012 he became Secretary General of the Dexia Group and a member of the executive committee of Dexia SA. In 2016, he was appointed Chief Risk Officer of the Dexia Group and member of the Dexia SA Management Board.
    Principal fields of expertise : risk management, finance, law, mergers & acquisitions

  • Bart Bronselaer - 6 October 1967 - 50 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.
     

  • Thomas Courbe - 3 October 1972 - 45 years old, French

    Non-executive Director of Dexia
    Term of mandate: 2018-2022
     
    Director of Dexia Crédit Local

    Main function

    Deputy Director General of the Treasury

    Other functions

     

    Biography

    Thomas Courbe is a graduate of the National Aeronautics and Space College. He began his career in 1995 in the General Directorate for Armaments. He joined the French Treasury in 2002, where he held the posts successively of Asia Deputy and then Office Manager Africa Maghreb; Head of Aeronautical, Military and Naval Affairs; Secretary General of the Club de Paris and Assistant Director of Bilateral Economic Relations. In 2010 he was appointed Deputy Director of the Cabinet of Ministers of the Economy, Finance and Industry and Director of the Cabinet of the Secretary of State for Foreign Trade. In 2012 he went back to the French Treasury, where he holds the post of Secretary General. Since September 2015 Thomas Courbe has been Deputy Director General of the Treasury. In addition, he has been a director of several companies and public establishments.

  • 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 - 61 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

  • 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
     

  • Lucie  Muniesa - 22 February 1975 - 43 years old, French

    Non-executive Director
    Term of mandate: 2016-2020

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

    Main function

    Deputy Director General of the APE

    Other functions

    Representative of the French State,
    Director of CDR (Consortium de réalisation), Palais de Tokyo SAS, Engie SA, Orange SA,Safran SA

    Biography

    Lucie Muniesa is a graduate of the ENSAI and the ENSAE. She began her career in 1996 in the Statistics Unit of the Ministry of Agriculture and in Business Statistics Unit of the INSEE. In 2002, she joined the Directorate General for Competition, Consumer Affairs and Repression of Fraud (DGCCRF) as Deputy Head of the unit “Concentrations and Aid”. In 2004, she joined the Agence des Participations de l'Etat (APE) as Deputy to the Head of the sectoral units “Energy, Chemicals and other shareholdings” and “La Poste/France Telecom”, becoming its Secretary General in 2007. In 2010, she joined Radio France as Financial Director and then Deputy Director General responsible for finance, purchasing, legal matters and the development of own resources in 2013. In 2014, she was appointed Director and Deputy Secretary General to the Ministry of Culture and Communication. Since 4 February 2016, she has been Deputy Director General of the APE.
    Principal fields of expertise : economy, financial markets, financial regulation

  • 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 - 44 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.