Belgium-based holding company active in the banking, insurance and asset management sector - KBC Groep NV announced its BoD appointed Koenraad DEBACKERE as Chairman of the Board of Directors succeeding Thomas LEYSEN.

"During its meeting of 17 September 2020, the Board of Directors of KBC Group NV appointed Mr Koenraad DEBACKERE as Chairman of the Board of Directors of KBC Group NV, KBC Bank NV and KBC Insurance NV, succeeding Thomas LEYSEN who ended his term office at the General Meeting of 7 May 2020".

Koenraad DEBACKERE will hand over his duties as Managing Director of KU Leuven to his successor, Wim DESMET, on 1 November. Since the General Meeting of 7 May 2020, Philippe VLERICK, as Vice-Chairman of the Board of Directors of KBC Group NV, has temporarily taken over the chairmanship.

The appointment of Koenraad DEBACKERE as Non-Executive Director and Chairman of the Board of Directors of KBC Group NV was approved by the National Bank of Belgium and the European Central Bank.

Koenraad DEBACKERE was Non-Executive Director at KBC Group NV and KBC Insurance NV until the General Meeting of 7 May 2020.