As part of the general policy laid down by the Board of Directors, the Management Board provides effective management of the company and Group and directs their various activities. It also provides follow up for decision of the Board of Directors.

Made up of 5 members appointed for 4 years, Dexia’s Management Board is chaired by the managing director. It meets weekly and makes its decisions as a body. It has internal rules that determine its powers and methods of operation.

Pierre Mariani 52, French Chairman of the Management Board of Dexia SA		Stefaan Decraene 44, Belgian Retail & Commercial Banking Chairman of the Management Board of Dexia Bank Belgium		Pascal Poupelle 54, French Public & Wholesale Banking Chairman of the Management Board of Dexia Crédit Local
Philippe Rucheton 60, French Chief Financial Officer		Claude Piret 56, Belgian Chief Risk Officer