Xavier Van Campenhout will change his role within Bank Degroof Petercam. He decided to be fully involved in the strategic decisions of our bank as a family shareholder.
In this respect, he will join the Board of Directors of Petercam Invest - the holding company detaining the participation of the Van Campenhout and Peterbroeck families -and he will step down as deputy CEO and executive member of the board of Bank Degroof Petercam at the end of December 2017.
He will also remain closely linked to the group as he will remain active as chairman of the Degroof Petercam Foundation. In addition, he will put his expertise at the service of a number of activities of the bank, such as Private Equity, Family Office and Philanthropy.
Xavier Van Campenhout: "It has been a tremendous privilege for me to contribute to the foundation of Bank Degroof Petercam. The merger has been successfully completed, the group is doing well and is in good hands under the leadership of Philippe Masset and the executive committee. This is the right time for me to move on to a new phase in my career and to change the nature of my involvement within the group. No longer as an executive manager, but as a committed family shareholder. Bank Degroof Petercam is unique thanks to its people, expertise and values, which will continue to ensure its success in the future. I would like to thank all the clients and collaborators for their confidence during the 19 intense years spent at Petercam and then Degroof Petercam. "
Philippe Masset, CEO and Alain Philippson, Chairman of the Board: “We will miss Xavier as board member and as deputy CEO. It was an honor and a real pleasure to work with him. On behalf of the management and board members, we would like to thank him for his commitment, expert vision and human qualities that contributed to the strategy and DNA of our group. We wish him every success for the future and look forward to count on his competences as a family shareholder. "
Xavier Van Campenhout will continue to perform his current duties until the end of 2017.
[A biography of Xavier Van Campenhout is available upon request]