At its meeting of November 20th 2003 Dexia's Board of Directors, on the recommendation
of the CEO, appointed Mr Claude PIRET as a member of the Group's Management
Board. In that capacity he will be in charge of operations and information technology
(Chief Operations and Technology Officer).
Mr Claude Piret, who is currently a member of the Management Board of Dexia
Bank Belgium, will take up his new duties as from January 1st 2004.
52-year old Claude Piret graduated as a civil engineer and took several
postgraduate business management courses.
He started his career at the Assubel Group, among other companies, and joined
Crédit Général de Banque as Group Branch Director in 1981.
As a member of the Management Board of Bacob/Artesia from 1995 to 2001 he was
in charge of various departments: Accounting, Back-Offices, Organization, Legal,
Risks, Enterprises and Non-Profit. Today, Claude Piret is a member of the Management
Board of Dexia Bank Belgium, where he is in charge of Public & Project Finance,
Balance Sheet Management and Financial Markets.