Friday, August 23, 2019 — Due to differences in views, the Board of Directors of Degroof Petercam and its CEO Philippe Masset have come to the conclusion that there was no longer sufficient mutual trust left between both parties to continue the cooperation. Both parties have therefore, in mutual agreement, decided to end their collaboration. The Board of Directors wishes to thank Philippe Masset for his efforts in his functions and wishes him all the best in his future endeavors.
The Board of Directors unanimously appointed Bruno Colmant as the new CEO of Degroof Petercam, subject to the approval of the regulatory authorities. Bruno Colmant has been active in the group since 2015 as a member of the Board of Directors, a member of the Executive Committee and as Head of Macro research. With his experience as a manager and market specialist and his knowledge of the group's businesses, he is well placed to ensure Degroof Petercam's development in an ever changing financial sector.
ABOUT DEGROOF PETERCAM BELGIUM
Degroof Petercam is a reference financial institution with a history dating back to 1871. As an independent group owned by family shareholders with a long term commitment, we serve private and institutional investors.
Our clients benefit from a unique combination of services in private banking, institutional asset management , investment banking (corporate finance and financial intermediation) and asset services. The total clients assets (under management, under administration and in custody), double counting excluded, amount to more than 63 billion euro.
Headquartered in Brussels, we employ more than 1 400 professionals through offices in Belgium, Luxembourg, France, Switzerland, Spain, The Netherlands, Germany and Italy.