Daniel Falque to join KBC Group Executive Commi...

Regulated information* - 10 March 2012 (5.45 p.m. CET)

Daniel Falque to join KBC Group Executive Committee.
He succeeds Johan Thijs as CEO of KBC's Belgium Business Unit.

Following the advice of the Nomination Committee, the Board of Directors of KBC Group NV has appointed Daniel Falque as new member of the KBC Group Executive Committee, succeeding Johan Thijs as CEO of KBC's Belgium Business Unit. Mr Falque is currently CEO of CBC Banque SA. His new appointment will take effect at the Annual General Meeting of 3 May 2012.

On the same date, Johan Thijs will become President of the Executive Committee and CEO of the KBC group. He succeeds Jan Vanhevel, who is retiring on 3 May.

As is customary, the nomination of Mr Falque is subject to approval by the Belgian financial regulator.
Mr Falque's successor at CBC will be announced soon.

Born on 8 December 1963, Daniel Falque graduated in 1989 from the Economic, Social and Political Sciences faculty of the Université catholique de Louvain (UCL) in Belgium. Mr Falque started his career at the Belgian insurer, De Vaderlandsche. In 1991, he moved to Deutsche Bank Belgium, where he was promoted to the senior management team in 2001. He took on an international position in 2004 with his appointment as Managing Director of Deutsche Bank's Global Transaction Banking Europe. Mr Falque joined CBC Banque on 1 July 2009 as CEO. He is married with two children.

Jan Vanhevel, KBC Group NV CEO, commented as follows: 'Over the past few years, Daniel has successfully implemented CBC's new strategy, making the bank much better prepared for the various markets on which it is present. CBC can thus benefit from the trust of its customers and support of its shareholders, and can rely on a strengthened organisational structure and professional staff, all of which translates into robust results, despite the economic and financial crisis we've been through. I am therefore confident that, with the support of his colleagues in the Belgium Business Unit Management Committee, he will use his successful background to the benefit of the Belgian retail banking and insurance activities in KBC's main home market.'

Thomas Leysen, Chairman of the Board of Directors of KBC Group NV, added: 'The Board of Directors has chosen in Daniel Falque a dynamic leader, with a broad international experience and excellent track record in the financial sector. I believe that the other members of the Executive Committee will be able to draw from that experience so that they can together prepare KBC for the challenges and opportunities of the future'.

Note for the Editor:

A photo of Daniel Falque is available from the KBC Group NV Press Office ([e-mail]).
CVs and photos of the members of the Executive Committee of KBC Group NV can be viewed at www.kbc.com (under Corporate Governance).

* This news item contains information that is subject to the transparency regulations for listed companies.

Daniel Falque to join KBC Group Executive Committee

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Source: KBC Groep via Thomson Reuters ONE

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