In agreement with Pierre Richard, Dexia's Managing Director, André Roelants
has accepted the invitation of CLEASTREAM's Board of Directors to become the
As a result, André Roelants will shortly be stepping down from his operational
functions with the Dexia Group. André Roelants was responsible for the creation
of Cregem International Bank in 1990 before joining BIL in 1991 as vice chairman
of the Executive Board when ownership of the bank was acquired by Crédit Communal
de Belgique. Since 1996 André Roelants has led the bank with great success and
has overseen its development into the internationally renowned bank it is today
and its active contribution to the growth of the Dexia group. He will continue
to be a member of Dexia BIL's Board of Directors.
Marc Hoffmann will take on the interim Chairmanship of the Executive Board
of Dexia Banque Internationale à Luxembourg and will also replace André Roelants,
in the interim, on the Executive Board of Dexia.
Pierre Richard will propose to the Boards of Directors of Dexia and Dexia BIL
that they confirm these appointments at their next meeting.
Marc Hoffmann is 43 and is of Luxemburg nationality. He has been Vice Chairman
of Dexia BIL since 1999.
Marc Hoffmann, aged 43, started his career with the Morgan Guaranty Trust Company
of New York in 1984. In 1987, he joined JP Morgan Securities LTD in London and
rose to the position of vice-chairman. In 1990, he became vice-chairman of AIG
Financial Products (U.K) LTD. In 1991 he was appointed to the position of senior
vice president and member of the Executive Board of Banque AIG, Paris, and subsequently
promoted to senior executive vice president and then chairman of the Executive
Board. He joined Dexia BIL in 1995 as senior vice president in charge of financial
markets and in 1996 was appointed to the Executive Board of Dexia BIL, an appointment
which was followed by promotion to vice chairman of the Executive Board in 1999.
Presscontact: Christiane Schmit, Head of Communication, Dexia BIL, tel. 00352