The Dexia Group has decided to appoint Frank Wagener as CEO and Chairman of the Management Board of Dexia Banque Internationale à Luxembourg (“Dexia BIL”). Frank Wagener is currently Vice-Chairman of the Executive Board of Dexia BIL and has been Head of Commercial Banking for 13 years.
This appointment will be subject to formal approval by the relevant social bodies of Dexia BIL and the supervisory authorities.
Axel Miller, CEO of Dexia SA, stated: "All my Dexia colleagues and I are delighted by the appointment of Frank Wagener. Over many years, Frank Wagener has developed the experience and management qualities required to successfully assume the considerable responsibilities placed upon him at the head of one of the most important establishments on the Luxembourg financial market. I am convinced that, under his direction and with the support of all his colleagues on the Management Board, Frank Wagener can perpetuate and further develop the long tradition of quality, excellence and involvement of BIL in a major market for the Dexia Group at the historic heart of its activities."
Frank Wagener was born in Luxembourg on 15 November 1952. He graduated in Law from the University of Liege and gained a Diploma from the Harvard Business School.
After training as a barrister he joined Banque Internationale à Luxembourg (now Dexia BIL) in 1978.
He worked in the ‘Credit’ and ‘Legal and Fiscal’ departments, and became a member of the Management Board in 1993, as Head of the National Market, with responsibility for retail clients, SMEs, major companies, electronic banking and national subsidiaries.
In 1998 he also became Head of Back Office Clients and Marketing.
In 2004 he became Head of the National Market, with responsibility for retail clients, SMEs, major companies, national subsidiaries and the local public sector, and also for Bankinsurance Services, Product & Support Development and Real Estate Projects.
Finally, in July 2006, Frank Wagener became Vice-Chairman of the Executive Board of Dexia BIL, retaining his above responsibilities.
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